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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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Press Release

COVID-19 Simulation Results for ERCOT 2020 - a Comparison to Business as Usual Case

LCG, April 23, 2020 -- The COVID-19 pandemic is having a profound impact on daily life and the economy, from affecting which businesses are allowed to operate, to influencing international oil prices. States and major cities in the US are instituting quarantines, along with shelter-in-place directives, to contain the spread of COVID-19. Power markets will likely deviate from their business-as-usual scenario as a result of decline in power demand and fuel prices.

Both the business as usual (bau) and the COVID-case were simulated using UPLAN Net-Work Power model, and the main results are published in this report .The readers can download the the report directly.

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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service