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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

Kinder Morgan to Fuel Calpine’s Pasadena 2 Plant

LCG, July 6, 2000--Kinder Morgan Inc. said yesterday a subsidiary would provide about three-quarters of the natural gas needed by Calpine Corp.s new Pasadena 2 cogeneration plant in Texas under a contract that will continue through the summer of 2002.Kinder Morgan Texas Pipeline will supply the Calpine plant with 60,000 MMBtu of natural gas per day under the agreement. Kinder Morgan already provides 100 percent of the natural gas Calpine burns at its Pasadena 1 plant.Diana Naylor, a Calpine senior vice president, said her company was pleased with the arrangement. They (Kinder Morgan Texas Pipeline) have provided Calpine with professional and reliableservice in the past and we are confident that they will continue to do so in the future, she said.Richard D. Kinder, chief executive of his company, noted that Natural gas has become the fuel of choice for power generation, and a number of new gas-fired plants are planned to be built in close proximity to our extensive pipeline system during the next few years.
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