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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

Nigerian Energy Fears Wrath of Soccer Fans

LCG, May 28, 2002-With World Cup tournament play imminent , Nigeria has been pleading with passionate soccer fans to be patient with power failures.

NEPA, the National Electric and Power Authority of Nigeria, is sometimes known as "Never Enough Power Anywhere." The energy company has been advertising to prevent the negative repercussions of a lack of electricity during the World Cup.

One such advertisement says, "If you go on an orgy of destruction simply because there was a power failure during a favorite match you may be watching, you will not be helping matters."

Recently hundreds of enraged soccer fans damaged NEPA facilities when service was cut off during a match.

Nigeria, as the 9th most populous country and home to 130 million, has about 5,900 MW in electricity capacity, entirely from fossil fuel and hydroelectric sources.

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