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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

Williams Plans 1,230 Megawatts Near Atlanta

LCG, April 20, 2001The Williams Cos. Inc. said yesterday it plans to build a 1,230 megawatt natural gas-fueled merchant power plant near Atlanta, Ga. The company said the new facility could commence commercial operation sometime in 2004.

"This new facility will assist us in developing our growing portfolio of power agreements in Georgia(and) will fit our plan to expand our power portfolio in the Southeast," said Bill Hobbs, president ofWilliams' energy marketing and trading unit.

The plant will occupy about 30 acres of a 230-acre site with the balance of the property preserved in its natural state and dedicated to community use for a park or hiking trails. The location was chosen because of a nearby natural gas pipeline and existing power substation and transmission lines.

Williams said it will take about a year to complete the permitting process before construction can begin.

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