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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

Repairs Continue at Vermont Nuclear Plant

LCG, Sept. 30, 2003--The Vermont Yankee nuclear plant, which has been shut down for two days for repairs to a leaking valve, will not restart yet, due to a ruptured seal on a recirculation pump.

The valve was repaired on Sunday, but when the seal on the recirculation pump was found to have sprung a leak of about three and a half gallons per minute, the restart had to be postponed. The license for the nuclear plant, in Monteplier, Vt., sets two and a half gallons per minute as the maximum allowed flow from the seal, which is one of two of its kind connected to the pump.

Arnie Gundersen, a former nuclear engineer, told the Associated Press that "It's just another thing that happens in an old plant." The plant spokesman Robert williams said that the leak was entirely within the containment area of the reactor, and that no radioactive material had been released to the outside. The Vermont Yankee plant is currently owned by Entergy Nuclear, which has applied for approval from the Public Service Board to increase the output capacity of the plant to 650 megawatts, from the current 540 megawatts.

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