-- Zanskar, an AI-native geothermal energy company, has signed an agreement with California Community Power for Geothermal Exploration, Offtake and Development Engagement, or GEODE.
According to the company's press release on Monday, it will use its "market-leading prospecting toolkit" to identify new utility-scale geothermal resources in the California Independent System Operator's balancing authority area.
The agreement stands to expand Zanskar's multi-gigawatt development pipeline into the Golden State, offering firm baseload power as it targets 100% clean energy by 2045.
Zanskar Chief Development Officer Ryan McGraw noted the "unprecedented demand for reliable, baseload power," while adding that California was no exception.
CC Power General Manager Alexander Morris said geothermal offers "round-the-clock reliability" that complements the state's intermittent renewable sources such as wind and solar.
Zanskar said the agreement builds on its geothermal discovery work in Nevada, including the Pumpernickel and Big Blind projects, as it looks to scale development across the western US.