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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

China's Three Gorges Dam Awaits Investment

LCG, March 12, 2002-China's 279 foot (185 m) hydroelectric dam project will be launched by the end of this year, pending investment. The Three Gorges dam will span the Yangtze River.

The huge project involves creating a 232 square mile (600 square km) reservoir, subsequently wiping out whole cities. Over one million people are being resettled to other parts of China, including Tibet. Proponents say the main function of the dam is to prevent deadly floods and to generate 18,200 MW of electricity.

The project still awaits over $400 million in investment from those inside China, although more international offerings are to be extended to Hong Kong and possibly London investors. Laws are already being established as to where power will go and what choices local companies will have over where to get power, although some scientists still question the engineering viability of such a large dam.

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