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News
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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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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
AES, Rival Both Drop out of Bidding for Chile's Edelnor
LCG, Oct. 15, 2001--AES Corp. of the united States said this morning in a terse statement that is withdrawing its tender offer to purchase the debt of Chilean power company Empresa Electrica del Norte Grande, or Edelnor.The notice came on the heels of a similar announcement from Electroandina of Chile, which had made a rival offer for the debt.Edelnor, one of the largest power producers in northern Chile, is controlled by U.S. energy firm Mirant Corp., and has been plagued by losses. Mirant has said it will not make any further investments in Edelnor.Acquisition of the debt would have given either AES or Electroandina control of Edelnor, but no both companies have apparently lost interest."We have decided not to go ahead with the offer for Edelnor," Manlio Alessi, a senior manager of Tractebel Andino, one of the partners in Electroandina said. No similar statement was forthcoming from AES.AES had bid $375 per $1,000 of Edelnor's debt, while Electroandina had offered $380. Neither price was high enough to attract interest from bondholders."There is a big difference between the price we are willing to pay and the price at which the bond holders are willing to sell," Alessi said.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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