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

480 Megawatt Peaker Planned for Chicago Area

LCG, Feb. 2, 2001--Mirant Corp., the former Southern Energy, said today it will build a 480 megawatt natural gas-fueled power plant in Rockdale, Ill., southwest of Chicago. The six-turbine peaking facility would begin commercial operation in 2003 or 2004, the company said.

"The Rockdale location is ideal because of its proximity to major power lines and a natural gassupply and the high demand for electricity from Chicago and surrounding cities," Richard Pershing, Mirant America's chief executive, said in the statement.

Mirant said the Rockdale plant is part of its effort to have 30,000 megawatts of generatingcapacity in the United States by 2004. The company said it currently has about 12,500 megawatts in the U.S., with another 7,000 megawatts under advanced development.

Despite the name change, Mirant is still 80 percent owned by The Southern Co.

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