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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

Jordan Cove Energy Project Clears Hurdle for New LNG Terminal

LCG, August 26, 2008--The Oregon Land Use Board of Appeals (LUBA) last Friday denied an appeal that would block the proposed Jordan Cove Energy Project. The LNG terminal is proposed to be built at Coos Bay, Oregon to receive liquefied natural gas (LNG) for re-delivery to the Pacific Northwest and adjacent markets via an expanded interstate pipeline system.

Opponents argued that Coos County?s approval of the permit was not consistent with Coos Bay Estuary Management Plan or state land use requirements, but LUBA did not accept the arguments. Opponents may appeal the decision within 21 days.

The Jordan Cove Energy Project is being developed by Jordan Cove Energy Project L.P., a limited partnership comprised of Fort Chicago Energy Partners L.P. and Energy Projects Development, LLC.

The project design includes a regasification capacity of one Bcf/day, 6.4 Bcf of LNG storage capacity, and plans for an interconnection to the proposed Pacific Connector Pipeline, with a transport capacity of 1 Bcf/day.

The Jordan Cove Energy Project is competing with two other LNG terminals proposed along the Oregon coast and awaiting approval from the Federal Energy Regulatory Commission (FERC). The other two projects are The Bradwood Landing LNG terminal and the Oregon LNG project, both located east of Astoria.
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