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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

Brazilian Utility in Trouble over Alleged Cat Defamation

LCG, April 18, 2002-Light, a Brazilian utility majority owned by Electricite de France, is facing a lawsuit filed by an animal protection group regarding its use of cats in advertisements.

Suipa, the group filing the suit, says it wants no money, just the cessation of advertisements negatively referencing cats.

Illegal electricity connections in Brazil can be seen all over poor areas. Calling them "gato," Portuguese for "cat" and for "thief," Rio de Janeiro's main electricity distributor, Light, has launched a substantial media campaign against the illegal electricity connections. The advertisements utilize meowing cats, and according to a Reuter's interview, instruct viewers to "say no to the cat."

Suipa worries that the advertisements encourage abuse of cats, and the group contends that the number of abandoned cats has increased by sixty percent since February and that unusually high numbers of mutilated cats have been reported.

Officials from Light assert that illegal connections were called "gatos" long before their ad campaign was launched and that they did not mean to vilify cats.

The company has recovered $43 million for their efforts to diminish electricity theft.

Over ninety percent of the country's electricity is derived from hydroelectric sources. Brazil had to severely ration its electricity between June 2001 and February because of droughts.

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