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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

Alliant Energy Plans to Construct Iowa Plant

LCG, May 1, 2002-The Interstate Power and Light utility subsidiary Alliant Energy Corp. announced intentions to construct a $400 million plant in Iowa.

The Alliant's pending natural gas-fired plant would generate 500 MW, but its location is yet to be determined.

Sites near Independence City and Mason City are being considered, and the plant is tentatively planned for operation beginning in 2004.

The company reported receiving twenty bids, and Interstate Power and Light was chosen to build the plant.

Alliant will accept bids for renewable energy development, to be decided upon in two weeks. The company also plans to take proposals for a new coal-fired plant later this year.

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