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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

TransAlta Plant Expansion Approved

LCG, Feb. 14, 2002--TransAlta received approval from the Alberta Energy and Utilities Board Tuesday to double the capacity of the Keephills plant, 44 miles west of Edmonton.

The board said that the coal-fired plant can be expanded from two operating units to four, based on the condition that environmental design supports improved emission performance as regulations become more strict. TransAlta plans to consider whether it will move ahead with construction, and reach a decision regarding Keephills in the second quarter.

If the expansion took place, it would add 450 megawatts to Alberta's capacity by 2005. Generating companies in Alberta have complained that plant construction in Alberta's central area, where Keephills is located, is deterred by the lack of transmission infrastructure to the southern part of the province.
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