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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
Offshore Wind Farms Planned for Texas
LCG, October 4, 2007--The Texas General Land Office (GLO) on Tuesday announced that it had awarded the first four competitively bid leases for offshore wind power in the nation's history. The leases were awarded to Wind Energy Systems Technology, LLC (W.E.S.T.). Given positive results from planned meteorological testing, W.E.S.T. could install wind farms that would generate a minimum of 250 MW to 300 MW per lease. The state hopes to collect for its Permanent School Fund over $400 million over the 30-year lease period.
The offshore wind energy tracts are located near Jefferson, Calhoun, Brazoria and Cameron
counties and total 73,098 acres in size.
W.E.S.T. was the sole bidder and is currently developing a wind project eight miles off of the coast near Galveston, Texas.
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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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