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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

Taiwan Lawmakers, Cabinet to Mediate Nuclear Impasse

LCG, Feb. 2, 2001Taiwan's Nationalist Party-dominated legislature and the Democrat Progressive government agreed this morning to mediate the conflict over whether to complete construction of the island's fourth nuclear power plant.

The controversy over the plant has dominated Taiwanese political life for months and has stifled financial markets and business in general.

This morning, Premier Chang Chun-hsiung and Wang Jin-pyng, speaker of parliament, said they had agreed to settle the dispute by putting it to a parliamentary referendum. "The Executive Yuan and the Legislative Yuan have reached consensus and hope to resolve the fourth nuclear power plant row at an early date," Wang told reporters.

The dispute came to a head last month after Taiwan's high court ruled that the Democrat Progressive cabinet had acted improperly in canceling the nuclear plant without concurrence of the legislature. On Wednesday, parliament voted against the cabinet decision.

This morning, Chang said he "understood and attached importance" to parliament's vote. "We hope to use the referendum bill on public policies to resolve the matter," said the premier, backing down on earlier insistence that the cabinet alone could cancel the reactor.

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