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Sage Geosystems Announces Funding for Next-generation Geothermal Power Generation Project

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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Origis Energy Announces Agreement with Meta for Greyhound A Solar Project in West Texas

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

Republicans Back Nuclear Environment Benefits

LCG, Aug. 1, 2000--Delegates to the Republican National Convention in Philadelphia yesterday voted on the Grand Old Partys national platform, and among the calls for tax cuts and extending Nafta to include our South American neighbors was an endorsement of nuclear generation of electric power.

Hydroelectric generation also got the nod, even from fish lovers who worry about dams. One delegate observed that most conservatives were conservationists. "Its hard to be one without being the other," he noted, "inasmuch as the words mean pretty much the same thing."

The platform language scathes the Clinton administration for its concentration on unproved and unpractical means of emissions-free production of electric power. "The current administration has turned its back on the two sources that produce virtually all the nation's emission-free power: nuclear and hydro, the sources for nearly 30 percent of the country's electricity," the platform states.

"Because of cumbersome federal relicensing of hydro and nuclear operations, we face the prospect of increasing emissions and dirtier air," the Republican statement continued.

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