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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

Belarus Selects Russians to Build Nuclear Power Station

LCG, January 22, 2009--A Belarus government spokesperson announced yesterday that the government selected Russia's Atomstroiexport to construct a nuclear power station in Belarus. Construction of the first, 1,000-MW nuclear reactor is scheduled to be completed in 2016 and a second reactor completed in 2018.

Atomstroiexport, Russia's nuclear-reactor builder, has successfully pursued nuclear projects in developing countries around the world. Two Russian VVER reactors came on-line in 2006 and 2007 at China's Tianwan Nuclear Power Station. Additional projects are underway in China and Bulgaria, with prospects being pursued in India, southeast Asia, and Africa.
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