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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

Planned IGCC Power Plant in Pennsylvania Gains Momentum

LCG, December 10, 2010--EmberClear announced Wednesday that all of the necessary permits for the development and construction of the 270-MW, Good Spring Integrated Gasification Combined Cycle (IGCC) Project have been received by its joint venture, Future Power PA, Inc. (FPPI). EmberClear expects the Engineering for the Pre-FEED (Front End Engineering and Design) stage of the Good Spring IGCC project will start early next year.

The Good Spring IGCC project will be built in Northeastern Pennsylvania and utilize nearby coal supplies. The plant design and coal gasification process is based upon the GreenGen project in Tianjin, China. The first phase of the GreenGen IGCC plant will have a capacity of 250 MW of power; construction of the GreenGen project began in 2009, with the first phase scheduled for completion by the end of next year.
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