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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
NextEra Energy Transmission Submits Offshore Wind Transmission Proposals to Serve New Jersey
LCG, November 5, 2021--NextEra Energy Transmission Mid-Atlantic Holdings, LLC, a subsidiary of NextEra Energy, Inc., yesterday announced that it has submitted multiple proposals, collectively called the New Jersey Seawind Connector, into the PJM State Agreement Approach Proposal Window.
NextEra Energy Transmission stated that the proposals are all cost-effective, help New Jersey meet its future energy needs, and designed to minimize environmental and marine impacts.
NextEra Energy Transmission’s president said, “For more than 20 years, NextEra Energy companies have been supporting New Jersey's energy needs. As the largest generator of renewable energy from the wind and the sun in the world, we support and applaud New Jersey's clean energy goals. We believe no one in the industry can match our experience and unique skillset and we look forward to participating in this project.”
According NextEra, the proposals submitted considered a number of different injection locations and designed routes to minimize marine and environmental impacts. The proposals are designed to provide reliable and cost-effective delivery of offshore wind energy to New Jersey electric customers at significant savings compared to current transmission plans.
The New Jersey Board of Public Utilities (BPU) will analyze a number of factors to evaluate the proposals and may select one or more proposals to move forward with development and construction in the second half of 2022.
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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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