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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

Maine Natural Gas Co. Announces Hook-ups

LCG, Oct. 24, 2000--When a natural gas company hooks up customers in Maine it's news, because the state has heretofore done without the fuel. Thus it was that Maine Natural Gas Co. was able to call out state and local dignitaries yesterday when it "turned on the valves" to deliver gas to a campus of the University of Southern Maine, a new power plant in Westbrook and part of the town of Gorham, a couple of miles down the road.

The Westbrook power plant, a 540 megawatt combined cycle facility owned by Calpine Corp., is expected to be in full commercial operation by next March and will be able, the gas company statement says, to provide enough power to meet the needs of more than 500,000 homes. That is about how many homes exist in Maine.

Calpine's director of project development, Malcolm Jarvis, said "We are impressed with MNG's ability to deliver service right on time. We are proud to help MNG with its expansion efforts in Maine."

The gas company's new metering and pressure regulation station will draw gas off the joint facilities of Portland Natural Gas Transmission System and Maritimes and Northeast pipeline system.

The station was dedicated "Briggs Station" in honor of the memory of Clifford Briggs, a CianbroCorp. employee who was tragically killed by a motorist during construction of the Calpine lateral. "Cliff was the salt of the earth, we all loved him," said Pete Vigue, the contractor's president. "The dedication of this station to Cliff is a wonderful way to honor his life."

Maine Natural Gas is a subsidiary of Energy East Corp., the utility holding company formed by New York State Electric & Gas Co.

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