EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Proposal for New Generation on Long Island Presented to Locals

LCG, January 7, 2005--Caithness Energy and the Long Island Power Authority (LIPA) presented their plans to build a 326-MW, combined cycle generating station on Long Island to the Bellport area residents. Caithness Energy is the developer of the North Bellport Energy Center and will construct and operate the plant, and LIPA has agreed to sign a long-term contract to purchase 85 percent of the electricity generated, with the remainder sold to the wholesale market.

LIPA is acting as the lead agency for the Caithness project, as it is the primary government agency to support and approve construction and operation of the proposed generating station. The station will be located on a 96 acre site in an industrial area. Caithness plans to start construction in the spring of 2006, given approval from various agencies, including the town of Brookhaven.

The station is estimated to cost $375 million, and the gas-fired units will use oil as a back-up fuel. The plant is proposed to meet growing demands that are currently served by aging generating stations and imports, which are severely limited by transmission constraints.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service