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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

Lawmaker Asks Washington Governor to Okay Plant

LCG, Feb. 22, 2001A Washington state legislator has asked Gov. Gary Locke to reject the recommendation of the state's Energy Facility Site Evaluation Council and approve a proposed 660 megawatt power plant that would be built in the town of Sumas, near the Canadian border.

Earlier this week, the Council voted against the plant, citing "environmental concerns." The Council also said it was afraid the plant's operators would sell the plant's output to the highest bidder and not reserve it for Washington state use.

Rep. Clyde Ballard, co-speaker of the Washington state House of Representatives, in a letter to the governor, called the recommendation a "bureaucratic bungle" and said the Council exaggerated possible environmental effects.

Ballard also said that where the power from the plant is sold is irrelevant. He pointed out that the big regional federal power producer, the Bonneville power Administration, is short 3,000 megawatts and the Sumas plant would make up more than a fifth of that insufficiency.

In his letter, Ballard also asked Locke to replace the members of the Council.

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