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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
Lenders May Vote Today on Fate of Enron India Plant
LCG, May 17, 2001Lenders to the Dabhol Power Project owned by Enron Corp. in India will decide today whether to cancel the project's contract to sell power to the Maharashtra State Electricity Board, Indian newspapers said this morning.Discussions yesterday, involving only one Indian lender, the State Bank of India, and foreign lenders, deferred a decision until today when India's Industrial Development Bank, the Industrial Finance Corp. of India, Canara Bank and ICICI Bank Ltd. will participate.Indian financial reporters expect the lenders to authorize Dabhol Power Co. to issue a notice to terminate the contract with the MSEB, but the Indian lenders are expected to oppose the proposal. Unlike the foreign financial institutions, they do not have their loans backed by the Indian government's sovereign guarantee.Dabhol Power is India's single largest foreign investment. The 740 megawatt first phase of the plant went into production last year and Enron, the MSEB, the state of Maharashtra and the Indian government have been feuding ever since as Enron's Indian customers have proved to be reluctant to pay their electric bills.Next month, with the completion of the second phase of the project, Dabhol's capacity will more than triple to 2,184 megawatts, and now the MSEB says it doesn't need the power, even though it agreed in 1995 to purchase all the output of the huge plant.With their federal guarantees, foreign investors could walk away from Dabhol more or less whole, but Indian lenders have an exposure of about $1.4 billion.
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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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