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Vallourec Announces Partnership with XGS Energy
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Business Journal Daily | The Youngstown Publishing Company
MEUDON, France – Vallourec, a world leader in premium tubular solutions for the energy industry, and XGS Energy, a developer of next-generation geothermal systems, announced a strategic supply chain partnership Wednesday.
The partnership comes as XGS executes on a three-gigawatt pipeline of commercial geothermal projects across the western United States.
Through the partnership, Vallourec will provide engineering, manufacturing and high-temperature tubular solutions to support the deployment of XGS’s solid-state, closed-loop geothermal system.
“Our collaboration with XGS Energy exemplifies Vallourec’s commitment to the energy transformation and the strategic importance of geothermal within our New Energies portfolio,” said Philippe Guillemot, Vallourec CEO and board chairman.
“By combining our advanced tubular expertise with XGS’s innovative technology, we are enabling meaningful progress toward decarbonizing the energy sector.”Josh Prueher, XGS Energy CEO, sees benefits in the partnership as well.