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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

PG&E Corp. Pipeline Approved

LCG, June 28, 2002--PG&E Corporation, parent to California's PG&E utility, has received initial approval to increase gas supply to the Northwest.

The Federal Energy Regulatory Commission authorized the expansion, which was filed by PG&E subsidiary Northwest Corp. and would be constructed and in service by November 1, 2003.

The extra capacity, supported by 53.6 miles of 42-inch diameter pipe, will bring 143 million cubic feet per day normally and 163 million cubic feet per day in the winter.

The approval is preliminary and was granted on non-environmental grounds.

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