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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

DTE, Entergy to Build 320 Megawatt Illinois Plant

LCG, May 31, 2001Subsidiaries of DTE Energy Inc. and Entergy Corp. said yesterday they would build a jointly-owned 320 megawatt natural gas-fueled power plant in the village of Crete, Ill., about 30 miles south of Chicago.

DTE Energy Services and Entergy Wholesale Operations said the plant could be built in about a year's time and have scheduled commercial operation for June 2002.

"The electric output from this facility will be available in time to supply additional electricity to theregion during high-demand periods next summer," said Barry G. Markowitz, president of DTE EnergyServices. "In addition to the power, the Crete plant will help fuel economic growth in the area as thefirst tenant in the Crete Industrial Park."

Natural gas delivery for the project will be provided through the recently completed Vector Interstate Pipeline. The Vector pipeline is partially owned by MCN Energy Inc., which will become part of DTE Energy as a result of a merger between the companies, expected to close May 31.

The new facility will be operated by Entergy Operating Systems Inc.

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