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Enhanced Geothermal Systems May Drive Significant Growth in Geothermal Power Generation

LCG, February 19, 2026--The EIA released an "in-brief analysis" today regarding the expected completion of the first, large-scale commercial enhanced geothermal system (EGS) in June 2026, and the significant growth potential for year-round, 24x7, carbon-free, renewable EGS power generation in the United States.

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Hydrostor Announces Offtake Agreement with California Community Power for the Willow Rock Energy Storage Center

LCG, February 12, 2026--Hydrostor today announced that the Willow Rock Energy Storage Center has signed a 50 MW offtake agreement with California Community Power (CC Power) on behalf of six of its community choice aggregator members: CleanPowerSF, Peninsula Clean Energy, Redwood Coast Energy Authority, San Jose Clean Energy, Silicon Valley Clean Energy Authority and Valley Clean Energy Authority.

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Industry News

BP Solar Closes PV Manufacturing Operations in Maryland

LCG, March 31, 2010--BP Solar announced late last week that it will stop casting, wafering and cell manufacturing of silicon cells at its production facility in Frederick, Maryland. Although unit costs had been reduced nearly in half, lower market prices for solar photovoltaic cells have reduced margins.

BP Solar plans to continue to operate in the Unites States; however, solar cell production will occur through lower cost joint ventures and regional supply partners.

The CEO of BP Solar stated, "Solar prices declined between 40% and 50% since the onset of the financial and economic crisis, compressing industry margins and driving solar power towards grid competitive pricing. By shifting our supply to a high quality, low cost supply base to serve both distribution customers and large scale projects, we have strengthened our position as a provider of competitive solar solutions with our offer of the highest lifetime value."
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