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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

Scana Forms Interstate Gas Pipeline Subsidiary

LCG, July 27, 2001Scana Corp. announced yesterday the formation of SCG Pipeline Inc., a wholly owned subsidiary that will engage in the transportation of natural gas in Georgia and South Carolina.

The new company will transport natural gas from interconnections with Southern Natural Gas Co. and Southern LNG's Elba Island liquefied natural gas import terminal near Savannah, Ga. The company said it is currently evaluating potential pipeline routes for an end point in Jasper County, S.C.

"Natural gas from the Elba facility will play an important role in the region by providing access to a new natural gas supply source to an economy with a growing demand for this product," said Berry Gibbes, SCG Pipeline president.

SCG Pipeline said it has reached an agreement with Scana Energy Marketing Inc. to transport 190,000 dekatherms per day of natural gas and will conduct an open season for other potential customers of the new system.

"SCG Pipeline and its access to Elba Island provide us with an opportunity to create additional natural gas infrastructure and to deliver supplies into the market in a very cost effective manner," Gibbes said.

The company said it would ask the Federal Energy Regulatory Commission for certification this fall and expected the new pipeline to be in service by November 2003.

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