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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

Sempra's Cameron LNG Terminal Begins Commercial Operations

LCG, August 5, 2009--Sempra LNG, a subsidiary of Sempra Energy, yesterday announced that its liquefied natural gas (LNG) terminal, Cameron LNG, has commenced commercial operations. Construction on the $850 million project, located along the Gulf Coast in Louisiana,began in August 2005.

Sempra LNG owns all of the Cameron LNG facility and sold 40 percent of its processing capacity to Italy?s Eni S.p.A under a 20-year terminal services agreement.

The Cameron LNG terminal is located about 15 miles south of Lake Charles and is near the Henry Hub. The initial send out capacity is 1.5 Bcf/day, and there is potential for expansion up to 2.65 Bcf/day. The facility includes three full-containment storage tanks (3 x 160,000 cubic meters) and two ship berths.

Following re-gasification at the terminal, natural gas is transported approximately 35 miles via a pipeline to interstate and intrastate pipelines, which can then deliver the gas to markets throughout the Central and Eastern United States.

Cameron LNG received its first LNG tanker on June 21 and the second tanker on June 30. Both tankers delivered LNG supplies from Trinidad.
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