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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

Ameren Announces New Nuclear Reactor Under Consideration at Callaway

LCG, December 6, 2005--Ameren Corporation announced late last week that it is evaluating the addition of another nuclear reactor at its Callaway Plant in Missouri.

Gary Rainwater, chief executive officer and president of Ameren Corporation, made the announcement last Thursday. According to Rainwater, the new reactor would cost about $2 billion and could commence operations in 2017, at the earliest. Ameren is currently exploring options for base load power stations, and a decision is expected in the next three years. A factor that favors nuclear power is that no greenhouse gases are emitted.

The existing Callaway Plant is a Standardized Nuclear Unit Power Plant System (SNUPPS) that uses a Westinghouse four-loop pressurized water reactor and a General Electric turbine-generator. The plant, located about twenty-five miles northeast of Jefferson City, went into service December 1984 and has a net generating capacity of 1,126 MW. The site was initially developed with the idea of adding a second unit in the future.

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