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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

Texas' Comanche Peak Nuke Off Line

LCG, June 7, 2002--Unit 2 of the TXU Energy nuclear plant Comanche Peak, in Texas, is not producing for the grid today, after going off line late yesterday.

According to a company spokesman, the original reason for the shutdown had been the detection of "high vibration in a main generator primary water pump shaft." However, after further examination, he said, "We now believe that it was a false reading on vibration ... We're now replacing that circuit card." He was not able to say until when the outage would last.

Unit 1 of the plant remains at full power as of today, according to a U.S. Nuclear Regulatory Commission status report. The owner of the plant, which is in Glen Rose, TXU Energy is a unit of TXU Corp., and as of the beginning of 2002, was the largest electric retailer in the US.
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