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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

AEP Restarts Cook Unit 1 Nuclear Plant

LCG, Dec. 18, 2000--American Electric Power Co. Inc.'s 1,020 megawatt Cook Unit 1 nuclear power plant was restarted at 5:00 a.m. CST this morning, the company said, and at noon plant engineers and operators were completing tests before increasing power.

Once the reactor reaches about 9 percent power, the output of the generator will be connected tothe AEP transmission grid, the company said. Ascension to full power includes several hold points for additional system checks and tests, but if progress continues at the current pace, the unit should reach full power before the end of the year, AEP said confidently.

Last week, Bob Powers, AEP senior vice president for nuclear generation, said "There's always the potential that emergent maintenance items could impact the schedule, but if our progress continues at the current pace, we'll beat our first quarter 2001 projection."

Now, with the restart behind them, Cook's operators are planning to have the unit at 100 percent of capacity by New Year's Eve.

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