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News
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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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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
Peru to Go Ahead with Privatization Plan After Long Delay
LCG, December 13, 2002-After repeatedly delaying sales of national assets, Peru plans to begin privatization after new government officials take office January 1.Peru had planned to sell state assets, including energy companies Egasa and Egesur, for $700 million. Earlier this year the country was forced to halt plans several times as investors pulled out and nationwide protests were held, resulting in the deaths of three protestors in June.Now the country is ready to try again, poised to win the partnership of 25 regional governors who will take office soon. No one is quite sure of how control over state-owned assets will be divided between regional and central governments, as the creation of regional governments was voted on only recently, on November 17. However, the government agency Pro-Inversion, which is responsible for the sales of government assets, is positive about working with new regional governments. Peru has decided to limit privatization of hydroelectric assets but is still interested in selling plants and gas projects. The energy companies Egasa and Egesur may be sold to Belgian company Tractabel for $167.4 million, pending court decisions.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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