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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

Covid-19 and ERCOT SARA Scenario Analysis of RESOURCE ADEQUACY June-December 2020

LCG May 25, 2020--LCG Consulting released a report of ERCOT market performance for the second half of 2020, using market simulations with LCG’s UPLAN Network Power Model. Resource adequacy analysis for the region is critical during extreme summer loading conditions as the reserves have tightened because of recent retirements. On top of this, the COVID-19 pandemic, and the society’s response to it, are continuing to cause observed impacts to the power system and market. The UPLAN uses the generation resources from Seasonal Assessment of Resource Adequacy (SARA) and the load forecasts based on Moody’s Analytics.

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