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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

Brighton Beach Power Station To Be Built in Windsor, Ontario

LCG, Jan. 24, 2002--A new power plant to be built by Brighton Beach Power L.P. will produce power under an energy conversion agreement with Coral Energy Canada Inc., which will supply natural gas and own and market the electricity from the Windsor, Ontario plant.

Brighton Beach Power L.P. has been formed by ATCO Power Ltd. and Ontario Power Generation (OPG) to build the 580-megawatt combined-cycle, gas-fired plant. The facility will occupy the site of the defunct J.C. Keith Generation Station.

The president of Coral Energy, Debbie Wernet, said "We have been active in the Ontario natural gas market for several years, and now with power from the Brighton Beach plant we are preparing to compete in the new electricity market." President of ATCO Power Gary Bauer said, "The Ontario government's commitment to open the electricity market on May 1 has created the opportunity for proven new participants such as ATCO Power and Coral to enter the Ontario electricity market."

Construction on the project is expected to begin in early 2002, with an in-service date in spring, 2004.
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