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

SEC Okays Allegheny Energy's Purchase of Mountaineer Gas

LCG, Aug. 15, 2000--Allegheny Energy Inc.s electricity and natural gas distribution subsidiary yesterday received approval from the U.S. Securities and Exchange Commission for its pending acquisition of Mountaineer Gas Co., a wholly-owned subsidiary of Energy Corp. of America.

The acquisition of Mountaineer Gas, the largest natural gas provider in West Virginia, will add about 200,000 customers to Allegheny Powers base. Last December, the company acquired West Virginia Power Co. from UtiliCorp United Inc., adding 26,000 electric and 24,000 gas customers.

Alan J. Noia, chief executive of Allegheny Energy, said "Acquiring Mountaineer Gas represents an important step in the growth of our energy delivery business. In the past seven months, with the acquisitions of West Virginia Power and Mountaineer Gas, we will have added more than 250,000 customers, a 15 percent increase, to our customer base. Allegheny's reputation of superior customer service and operational excellence will ensure the success of this regional expansion."

The SEC approval of the Mountaineer Gas acquisition was the last required, and the company expects to close the transaction by the end of this month.

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