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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

Severe Weather Causes Major Outages in Britain and Ireland

LCG, Jan. 29, 2002--Electric service and transportation were severely disrupted by winds of hurricane force that affected northern Britain and Ireland Monday. Automobile accidents were caused by 100 mph winds, and trucks blown over by the wind caused major highways to be closed.

Heavy traffic was made worse by the cancellation of rail service by ScotRail. Electricity was out in over 40,000 homes in northern Scotland, and outages were also reported in the central portion of the countryside, as well as in the Irish Republic.

No sailing was permitted across the Irish Sea between Stranraer and Belfast. Flood warnings were issued at 12 locations by the Scottish Environment Protection Agency. The English Midlands, Lake District, Buckinghamshire, and Wales were given 23 flood warnings. The weather led to seven fatalities, according to emergency services.

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