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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

Cheaper, Plastic Solar Cells to Come

LCG, April 1, 2002-- Semiconducting plastics may make solar cells easier and much cheaper to make.

Researchers from the University of California, Berkeley and Lawrence Berkeley National Laboratory have developed a nano-scale combination of conducting rods and liquefied semiconducting plastic. The neophyte cell produces a tiny bit of electricity and will take a decade or so of development before being applied commercially. However, the use of specially designed and carefully manipulated molecules have opened up the range of possibilities for solar cells, which up to now have been most successfully made from silicon.

The Berkeley team, headed by Paul Alivisatos, receives federal funding from the National Renewable Energy Laboratory, less than $300,000 for three years.

According to the Sacramento Bee, Alivisatos says that the group's photovoltaic process could be used in small applications within 2 to 5 years.

Silicon and other crystalline semiconductors are costly to produce because of their high melting temperatures and the need for extremely "clean" production conditions. Recently discovered plastic semiconductors are much cheaper to produce.
While today solar energy involves the roundabout process of heating water into steam to power electricity-producing turbines, solar cells sidestep the turbine and convert the sun's rays directly into electricity.

U.S. and Japanese researchers, including University of California, Santa Barbara professor Alan Heeger, shared the Nobel prize in 2000 for plastic conductivity.

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