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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

Lawrenceburg, Indiana 1,096-MW CC Online

LCG, June 2, 2004--A combined-cycle plant located in Lawrenceburg, Ind., in Dearborn County, is beginning commercial operation, according to PSEG Power, which owns the gas-fired facility.

The main contractor for the project was Duke Fluor Daniel.

PSEG Power, an independent power producer, is a subsidiary of Public Service Enterprise Group Incorporated (PSEG). According to PSEG Power, it currently has approximately 2,000 megawatts of new generation under construction.
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