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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

Calpine Brings 550-MW Texas Plant On Line

LCG, October 17, 2002-The Corpus Christi Energy Center began operations, according to an Calpine announcement today.

Corpus Christi is a gas-fired facility with two combustion turbines and one steam turbine. The plant, located in Corpus Christi, Texas, has a capacity of 550 megawatts and can produce steam at a rate of over 1.4 million pounds per hour.

The plant is already under contract for its steam; 750,000 pounds per hour of steam will be sold to Citgo Refining Company, and 140,000 pounds per hour will be sold to Elementis Chromium.

70 megawatts of the plant's capacity will go to Citgo Refining as well, and the remaining capacity will be available on the wholesale electricity market.

Calpine is headquartered in San Jose, California, and operates 12,100 megawatts of capacity.

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