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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

Capacity Boosts Set for Comanche Peak, Harris Nukes

LCG, Oct. 19, 2001--The U.S. Nuclear Regulatory Commission has approved requests for generating capacity increases to three nuclear reactors at power plants owned by TXU Electric Co. and Carolina Power & Light Co.

TXU will increase the output of its 1,159 megawatt Comanche Peak Unit 1 by 1.4 percent and Unit 2 by 0.4 percent. Unit 2 has already been upgraded by 1 percent. The Comanche Peak plant is located about 40 miles southwest of Fort Worth.

The NRC has also approved a request from Carolina Power & Light Co. to increase the capacity of its 900 megawatt Shearon Harris nuclear power plant near Raleigh, N.C., by about 4.5 percent, or 51 megawatts.

The NRC Website was still shut down this morning, as the agency continues to review whether any information it provides could be useful to terrorists.

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