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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

800-MW New England Plant Comes On Line

LCG, July 31, 2003Exelon Generations Fore River plant began operations today.

The 800-megawatt natural gas-fired combined cycle generating station was built in Weymouth, Massachusetts.

Fore River consists of two gas turbines and one steam turbine. Its three turbines can be operated with natural gas or oil. The plant will provide capacity for the New England region.

Exelon Generation is based in Chicago, Illinois and owns roughly 4,400 megwatts of generating capacity.

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