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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

Czech, Austrian Chiefs To Meet About Temelin

LCG, Oct. 19, 2000--Prime Minister Milos Zeman of the Czech Republic and Austria's Chancellor Wolfgang Schssel plan to meet October 31 in Brno, southeast of Prague, to discuss the Czech nuclear power plant at Temelin.

The Temelin plant, strongly opposed by Austria which is a national "nuclear free zone," began its start-up process last week when it "went critical" with its first nuclear chain reaction. It is expected to take several months to reach full capacity and begin commercial operation.

Shortly after the meeting between Zeman and Schssel was announced, the Austrian parliament passed a resolution calling for Schssel to do what he can to prevent Temelin from being placed on-line. The Czechs, bedeviled for the past few weeks by Austrian protesters blockading border crossings, are unlikely to be deterred by Austrian resolutions.

In fact, Czech Foreign Minister Jan Kavan said Prague set as a precondition for the October 31 meeting the cessation of all disruptions along the Czech-Austria border.

Kavan, speaking at a news conference following talks in Brussels with the European Union's "enlargement" commissioner Guenther Verheugen, said if there were any more blockades there would be no meeting.

The Brussels meeting was called by Verheugen in part because interruption of traffic between member nations is banned by the EU, including traffic between members and applicant nations, and in part because Schssel has repeatedly threatened to block the Czech application for membership in the EU if Prague did not accede to Austrian demands that Temelin be abandoned.

According to Radio Prague, Verheugen said that border blockades neither boosted dialogue nor benefited the free movement of goods.

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