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CalEthos (OTCQB:GEDC) has announced the formation of TerraVolt Infrastructure Inc., a subsidiary focused on providing sustainable geothermal power solutions for data centers. The company is launching an innovative Infrastructure-as-a-Service (IaaS) Platform that combines behind-the-meter geothermal power plants with pre-permitted data center building sites.
The platform aims to serve hyperscalers, colocation providers, and data center developers seeking faster deployment of clean energy infrastructure. This initiative comes as the U.S. data center industry currently consumes 4% of all electricity produced, with projections indicating an increase to 10% within five years. Notably, CalEthos reports that less than 5% of existing data centers are powered directly with clean energy.
TerraVolt is currently evaluating locations in states with geothermal resources suitable for integrated power plant construction and large-scale data center developments.
CalEthos (OTCQB:GEDC) has signed an Option Agreement to purchase 315 acres in Lithium Valley's upcoming 'Manufacturing Zone'. This expansion offers significant advantages over their previous site, including: larger industrial-zoned property, better connectivity to high-voltage transmission lines, closer proximity to geothermal power plants, and improved fiber routing options. The company plans a 100-acre/420-megawatt campus as the first of three development phases, potentially supporting up to 1,000,000 square feet of clean energy powered data centers for AI, Cloud, and Hyperscale customers.
The project has garnered support from local authorities, including the Imperial County Board of Supervisors and Imperial Irrigation District. It is expected to accelerate Lithium Valley's development by providing energy offtake opportunities, creating jobs, and stimulating the local economy.
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