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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

World Record Goes to Sioux Plant

LCG, April 2, 2002-Ameren's 34-year-old Unit 2 of the Sioux plant broke the world record for continuous operation of a plant of its kind.

Located in St. Charles, Missouri, the cyclone-fired supercritical boiler unit made it to its 246th day of continuous operation yesterday and then went off-line for maintenance. The next best record, that of a Tennessee Valley Authority unit, is 194 days.

Sioux's Unit 2, located on the Mississippi River some 28 miles from St. Louis, can consume petroleum coke, coal and tire chips, and has generated 5,960,000 megawatt-hours over its lifetime.

Ameren serves 1.5 million customers in Illinois and Mississippi.

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