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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

Japanese Nuclear Waste Reprocessing Center Discovers Leak

LCG, Feb. 1, 2002--At a nuclear waste reprocessing center in Aomori Prefecture, Japan, a pool used to store spent nuclear fuel has apparently released at least 5,000 liters of water over the past six months.

According to Japan Nuclear Fuel Ltd., which operates the facility in Rokkasho village, no danger exists to the surrounding environment. The leakage occurred in the main part of the center where reprocessing is scheduled to take place starting in July 2005.

The pool's contents were transferred to an adjacent container that could hold the roughly 165 tons of spent fuel. The pool in which the leak was detected is being checked in order to see where repairs may be necessary. The facility will continue to accept fuel from nuclear plants throughout Japan.

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