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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

GE Energy Ships Advanced Gas Turbine for Installation in California

LCG, September 27, 2006--GE Energy announced yesterday that it has successfully completed testing on its first 7H gas turbine and that the state-of-the-art unit is in route to California, where it will be installed at the Inland Empire Energy Center, near Riverside.

The advanced new turbine is one of two units to be installed at the Inland Empire Energy Center, a 775-MW, project located near the unincorporated community of Romoland in Riverside County, California. The California Energy Commission (CEC) granted the license in June 2005, and the project is scheduled to commence operations by the summer of 2008.

The project will be the first site in North America to use GE's new, H System technology that is designed to achieve a thermal efficiency of 60 percent. Like other combined-cycle designs, the H System uses gas turbine exhausts to generate steam that drives another turbine for additional power generation. However, the H System uses steam rather than air to cool the turbines, which allows the system to operate at higher temperatures and results in greater efficiency, using about 3 percent less fuel.

The first GE H System unit was installed in Baglan Bay, Wales, began operation in September 2003, and recently surpassed 17,000 operating hours.

GE will finance and own the energy center, and Calpine will manage plant construction, market plant generation and manage fuel requirements under a long-term agreement. Calpine plans to purchase the facility from GE and become sole owner and operator after an extended period.


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