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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

Davis' PR Hitman Quits Without Pay

LCG, July 31, 2001Chris Lehane, one of two spin doctors for former President Clinton who have helped shape California Gov. Gray Davis' response to the state's energy crunch, has cut ties with the administration and won't be paid for work already completed, the Sacramento Bee reported this morning.

Lehane and his partner, Mark Fabiani, were hired by Davis in May on a six-month, $30,000-a-month contract. Fabiani left last month an neither will receive any money for their services, the paper said.

Because Lehane and Fabiani each received at least $10,000 under contract with Southern California Edison Co. in the past year, Lewis Uhler, president of the National Tax Limitation Committee, filed a lawsuit alleging that conflict of interest laws had been violated.

Davis spokesman Steve Maviglio, himself caught in the conflict of interest controversy, said Lehane and Fabiani were instrumental in persuading the Federal Energy Regulatory Commission to limit the wholesale cost of power in the state.

"Chris Lehane provided an invaluable service to the people of California in helping us get action after a yearlong wait from FERC," Maviglio told the Bee. "It's a shame that politics gets in the way of public service."

Uhler, however, said he believes Lehane and Fabiani represent a larger problem in the Davis administration, and he pointed to the recent dismissal of energy traders who held stock in energy companies.

"Doesn't anybody in the Governor's Office understand conflict of interest?" he asked.

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