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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
Emera Maine and Central Maine Power Sign MOU to Develop Transmission Projects and Support Renewable Development
LCG, July 9, 2014-Emera Maine and Central Maine Power (CMP) recently signed a memorandum of understanding (MOU) for joint project development of transmission projects to improve grid capacity between southern New England and northern Maine, where over 2,100 MW of wind farm capacity has been proposed.
Emera Maine and CMP have outlined two initial phases of work. Phase One will analyze the feasibility of every project, including technical feasibility, public policy, regulatory considerations, and outreach to other potential parties to the project. Phase Two will include all development activities from design, engineering, siting, through construction bidding.
As the state's two largest utilities in Maine, CMP (which is owned by Iberdrola) and Emera Maine serve more than 95 percent of Maine's homes and businesses. CMP is nearing completion of the Maine Power Reliability Program, a $1.4 billion investment in new transmission lines and substations to reinforce its 345 kV bulk power grid.
Emera Maine includes the former Bangor Hydro Electric and Maine Public Service. A recent major transmission project completed by Emera Maine is the 85-mile, 345-kV Northeast Reliability Interconnect.
"Electric transmission can be a significant challenge to new low/no emitting generation sources seeking to enter our New England market", said the president and COO of Emera Maine. "That's a challenge that our companies have been working together on for some time, particularly in Northern Maine.? With this MOU we are renewing and expanding these efforts to identify and develop creative and cost effective transmission solutions to benefit the State and the region."
Six New England governors have expressed support for investments to improve the grid to enable greater development of and access to renewable energy generation.
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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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