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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

BNFL to Take Back Mox Nuclear Fuel from Japan

LCG, July 10, 2000--The British government will take back from Japan the Mox nuclear fuel British Nuclear Fuels Ltd. shipped to Kansai Electric Power Co. last year, accompanied by falsified quality control records, the London newspaper The Independent reported on Saturday.Anna Walker, director general of energy in the British Department of Trade and Industry will meet tomorrow with senior Japanese government officials to wrap up the final details on the return of the fuel. BNFL hopes that accepting the returned fuel will reopen the door to future sales of Mox in Japan, which banned BNFL in the wake of the records falsification.Takeo Hiranuma, Japanese Minister of International Trade and Industry, confirmed the talks. We are close to agreement with the British government on the return of the fuel, he said.It wont be easy to get the fuel back to Britain. Any time radioactive material is moved, every anti-nuke Chicken Little squawks that the sky is falling and the Mox fuel will take a well-publicized route and adhere to a well-known schedule.The Independent said the transportation of the fuel will cost tens of millions of pounds. Thats peanuts compared with the 300 million ($450 million U.S.) the British government spent on the plant to make the fuel at BNFLs Sellafield reprocessing plant in Cumbria.The Kansai shipment was the first ever from Sellafield, and after the falsification scandal erupted other customers, including a German utility, banned BNFLs Mox. BNFL has since lost billions of dollars worth of contracts unrelated to Mox in the U.S. and elsewhere.
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