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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

CMS Completes 348 Megawatt Jorf Lasfar Unit

LCG, Aug. 2, 2000--CMS Energy Corp. said yesterday its CMS Generation Co. independent power unit had begun commercial operation at Unit 3 of the largest independent power plant in Africa, the $1.5 billion coal-fueled Jorf Lasfar facility in Morocco.

The 348 megawatt Unit 3 joins Units 1 and 2, which total 660 megawatts, in supplying power to Office Nationale de lElectricit, the Moroccan national utility, under a 30-year contract. Completion of a fourth generating unit of 348 megawatts, which will bring total capacity of Jorf Lasfar to 1356 megawatts, is scheduled in the fourth quarter of this year.

The plant is located on the Atlantic coast of West Africa, about 85 miles southwest of Casablanca, and when complete will supply more than half of Moroccos electric supply.

"Since September 1997, when CMS Generation assumed operating responsibility for Jorf Lasfar,the plant has achieved consistently high levels of plant availability and output," said Rodney E.Boulanger, CMS Generation's president and chief executive. "Completion of Unit 3 was accomplished within the schedule originally announced, and construction of Unit 4 continues on schedule."

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