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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

Missouri Plant Expands by 100 Megawatts

LCG, Apr. 25, 2003--Two peaking units were declared operational at the Empire Energy Center this week, bring an additional 100 megawatts online in southwest Missouri.

The plant manager, Joe Simmons said of the two gas-fired Pratt & Whitney FT8 units that they "are our most efficient simple-cycle units and will give us significant flexibility in our operating model." The Empire District Electric Company, an investor-owned utility with service territory in southwest Missouri, southeast Kansas, northeast Oklahoma, and northwest Arkansas, owns the plant.

The technology of the FT8 is based on that found in the similar JT8D turbine, which is used in aircraft. The overall cost of installation for Units 3 and 4, with ground-breaking having taken place July 31, 2002, was put at approximately $55 million.
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