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News
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LCG, January 21, 2026--Sage Geosystems, the company pioneering Pressure Geothermal, today announced that it closed over $97 million in Series B funding to advance its geothermal power generation and energy storage solutions, including its first commercial next-generation geothermal power generation facility. Ormat Technologies, a vertically integrated company engaged in geothermal and recovered energy generation ("REG"), and Carbon Direct Capital, a growth equity investment firm, co-led Sage’s Series B round, representing the full backing of Sage and Pressure Geothermal technology from leaders in geothermal energy and growth capital.
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LCG, January 15, 2026--Origis Energy today announced that Meta and the company signed a long-term power purchase agreement (PPA) for the 240-MW (303-MWdc) Greyhound A Solar project in West Odessa, Texas. The Greyhound A Solar project is scheduled to achieve commercial operations by mid-2026.
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Industry News
Texas Solar Project Sold to CIP
LCG, July 31, 2020—An affiliate of Copenhagen Infrastructure Partners has completed purchase of a 350 MW solar photovoltaic project near the Houston metro area from Solar Plus Development Inc. and Avondale Solar. The project, Fighting Jays Solar, was sold July 22 and is expected to break ground by summer 2022, according to the companies' press release.
Earlier in the month, Shell Energy North America entered into a long-term hedge agreement with the project to purchase power.
The day after the sale was complete, Copenhagen Infrastructure Partners issued a Notice to Proceed to Centerpoint Energy to start construction on a substation that will permit interconnection with ERCOT.
The sale was initially announced in March. At that time the project was slated to be 440 MW and to break ground in 2020. Financial details have not been released.
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LCG Consulting of Los Altos, California was commissioned by Rohit Ogra, Co-Founder of AP Solar, to perform an economic analysis to assess the plant performance and congestion risks using LCG’s proprietary UPLAN Network Power Model and PLATO data model for ERCOT.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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