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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

Hanford Clean-Up Analysis Timetable Shortened

LCG, July 14, 2003--An agreement between Washington State's Department of Ecology and the Department of Energy includes a change to the deadline for completing analysis of alternative clean-up methods at the Hanford nuclear power plant, cutting nine years off the originally planned duration.

Currently, vitrification is the leading technology for containing 54 million gallons of radioactive and other wastes, and would seal the waste in glass. The analysis to be undertaken would consider other methods to vitrification, which would be performed at a plant estimated to cost $5.7 billion. Without the agreement just reached, these studies would have lasted until 2014, but will now be completed by 2005.

The change has been tentatively approved by the Environmental Protection Agency. Changes to the proposed treatment plant's design would mean wastes at different level of radioactivity would be vitrified by separate melters. The plan also moves up the final date for containing the waste to 2028, from 2046. So far, at least 1 million gallons of waste has seeped into the soil from drums that were not designed to hold the waste beyond the passage of two decades.
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