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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

Lake Michigan Silt Closes AEP's Cook Nuke

LCG, Aug. 30, 2001--American Electric power Co. said this morning that the 1,100 megawatt Unit 2 of its Cook nuclear power plant at Benton Harbor, Mich., was being taken off line because of the intrusion of Lake Michigan silt into its cooling water systems.

"The silt was drawn in by plant water intake pipes and degraded cooling water systems required for plant safety equipment and back-up power sources," AEP said in a statement.

Silty water is a fine abrasive and can literally grind down the moving parts of a system in which it circulates. AEP said Unit 1 at Cook, a twin of Unit 2, was taken off line on Monday to replace a circulating water pump discharge valve. The company did not say silt was what made the replacement necessary but did say that silt intrusion affects the cooling water systems for both units.

Three huge pipes, each 16 feet across, bring water from one-half mile out in Lake Michigan into the plant. It is not surprising that silt -- and an occasional boat -- would find its way into the plant's systems.

AEP was unable to say how long the units would be shut down, but said return-to-service schedules for both units will be established following an investigation to determine the cause of the silt intrusion.

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