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VALLOUREC AND XGS ENERGY PARTNER TO ACCELERATE MULTI-GIGAWATT NEXT-GENERATION GEOTHERMAL PROJECT PIPELINE ACROSS WESTERN U.S.
Globenewswire· 2026-01-28 17:00
Core Insights - Vallourec and XGS Energy have formed a strategic partnership to accelerate a multi-gigawatt geothermal project pipeline in the western United States, focusing on a three-gigawatt initiative [1][2] Group 1: Partnership Details - The partnership will secure the supply of tubulars, essential for XGS's water-independent geothermal systems, as XGS begins construction on a 150 MW project with Meta in New Mexico [2] - Vallourec will leverage its engineering expertise and manufacturing capabilities to support XGS's solid-state, closed-loop geothermal system [2][3] Group 2: Strategic Importance - For Vallourec, this partnership is a strategic move to expand its New Energies portfolio and aims to position the company as a leading supplier of tubular solutions for advanced geothermal applications [3] - Vallourec's THERMOCASE Vacuum Insulated Tubing (VIT) is highlighted as a critical component for enhancing the efficiency and reliability of geothermal wells [3] Group 3: Leadership Perspectives - Philippe Guillemot, CEO of Vallourec, emphasized the collaboration's role in energy transformation and the significance of geothermal energy within their New Energies portfolio [4] - Josh Prueher, CEO of XGS Energy, noted that their projects in New Mexico and California will make XGS one of the largest consumers of tubular goods globally by 2027 and 2028 [4] Group 4: Company Backgrounds - Vallourec is recognized as a leader in premium tubular solutions for energy markets and demanding industrial applications, with a workforce of nearly 13,000 across more than 20 countries [5] - XGS Energy focuses on providing clean, round-the-clock energy through its proprietary solid-state geothermal system, which offers geographic flexibility and faster deployment [6]