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News
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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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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
Freeport LNG Awards EPC Contract for Third Train at Texas Facility
LCG, March 27, 2015-CB&I yesterday announced that a joint venture (JV) between CB&I, Chiyoda International Corporation, and Zachry Industrial, Inc., was awarded a contract valued over $2 billion by FLNG Liquefaction 3, LLC (Freeport LNG) for the engineering, procurement and construction (EPC) of the third train of the three-train liquified natural gas (LNG) liquefaction and export facility on Quintana Island, near Freeport, Texas.
CB&I and Zachry, with support from Chiyoda, began construction on trains one and two in November 2014. Freeport LNG expects to achieve commercial operation of the first liquefaction train in late 2018, with the second two trains expected to achieve commercial operations in the following year. The combined, three-train LNG liquefaction facility will have a total capacity in excess of 13.9 million tons per year of LNG.
Last July Freeport LNG received authorization from the Federal Energy Regulatory Commission (FERC) to site, construct, and operate facilities to liquefy and export domestic natural gas from its existing LNG import terminal located near the city of Freeport, Texas. Domestic natural gas will be transported via pipeline and pretreated near Freeport LNG's existing metering, compression and underground storage facilities. The pretreated natural gas will then be delivered to the terminal through Freeport LNG's existing gas pipeline. At the terminal it will be liquefied and then stored in full-containment LNG storage tanks. LNG will be exported from the terminal by LNG carriers arriving via marine transit through the Freeport Harbor Channel.
The existing Freeport LNG facilities were designed and installed to import LNG to the United States in response to forecast declines in domestic natural gas supplies. Construction on the import project started in January 2005 and was completed in June 2008. With the tremendous growth in domestic shale gas production, there are now a number of LNG export projects that have filed formal applications that are now pending before the FERC.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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