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News
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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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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
Investment in Phillippines' Power Generation Wanting
LCG, Apr. 21, 2004--A substantial amount of power generation reserves enjoyed by the Phillippines may not last through 2007-2008, if investors do not acquire financing to build new plants starting this year or next.Although reserves were measured at 63 per cent of demand last year, the bankrupt state power utility, Napocor, no longer has a sufficiently strong credit rating to allow it to borrow more from development banks to finance plants. In addition, regulators lowered the rates it could charge, weaking its cash flow situation. Government officials want to sell off the utility's various assets in order to pay off Napocor's debts.Distribution companies selling electricity at the retail level are now being ordered to submit five-year plans outlining how they will obtain adequate supplies for their customers. In addition, a market system is envisioned that will encourage private investment to provide not only generation but transmission operations.Given the current forecasts of demand growth, reserves are estimated to fall to 13 per cent in 2008, below the 20 per cent that is seen as necessary to avoid supply disruptions in case of generator outages. If no investment is forthcoming in order to make more capacity available by 2007-2008, security needs might have to be met by reviving older plants that have been shut down.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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