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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

ComEd Refuels Dresden Unit 2 in 18 Days

LCG, Oct. 4, 2000Commonwealth Edison Co. crowed yesterday that its Nuclear Generation Group had completed a "record 17-day refueling outage" at the company's Dresden Unit 3 nuclear power plant located on the outskirts of Morris, Ill.

The company was fudging the outage took 17 days, 23 hours and 55 minutes but what will Oliver D. Kingsley Jr. accomplish next? Not long ago, any outage at a ComEd nuclear plant was measured in years, not days.

The refueling outage at Dresden Unit 3 was a lot more than restoking the reactor with a few bundles of fuel rods. About 2,500 ComEd and contract workers swarmed over the plant, replacing 20 condenser bellows assemblies, modernizing the electro-hydraulic control system, upgrading moisture separator vanes and in general reconditioning plant systems and equipment so they were in better condition than when the unit was taken off-line on September 15.

Kingsley, who joined ComEd in 1997 as president of its new Nuclear Generation Group, said "I could not be more proud of the exceptional performance shown during this outage. Dresden has set the standard for outages and moved us one step closer to reaching our vision of being the most effective operator of nuclear power plants."

The refueling outage at Dresden Unit 3 was the first of five planned for this autumn at ComEd nuclear plants. We imagine Kingsley, a former U.S. Navy submarine commander, will have his engineers ready to answer bells.

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