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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

TVA Approved to Produce Nuclear Weapon Supplies

LCG, September 24, 2002-NRC has given the TVA permission to produce radioactive products for use in nuclear weapons.

The Tennessee Valley Authority, which owns nearly 30,000 megawatts in generating capacity and serves utility customers in seven states, will now be able to put as many as 2,304 tritium-producing rods in its Watts Bar nuclear plant.

The plant will require 18 months to produce tritium, and the product will be shipped to South Carolina to serve a Department of Energy tritium plant being built there.

Tritium is an isotope of hydrogen, which can be used to adjust the nuclear reaction in nuclear bombs, although nuclear explosions derive the vast majority of their energy from reactions of either plutonium or uranium. Radiation from tritium cannot penetrate skin but constitutes a health hazard if the tritium is ingested or inhaled. The isotope has a half life of just 12.3 years, as compared with isotopes of uranium, which have half lives of hundreds of millions of years.

The Tennessee Valley Authority, which serves Alabama, Georgia, Kentucky, Mississippi, North Carolina, Tennessee, and Virginia, has also requested permission to produce tritium at a Chattanooga plant.

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