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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

LCG releases new ERCOT Electricity Market Outlook reports

LCG, January 11, 2013 –LCG Consulting (LCG) of Los Altos, California recently released its assessment and forecast of ERCOT operations for 2013. Extended simulations are also available for the years 2014, 2015, 2016 and 2017.

The standard reports outline the results of comprehensive hourly simulations of market operations in the ERCOT region including forecasts of key metrics such as load zone and hub prices, ancillary service prices, congested transmission lines, wind production and curtailment, valuation of congestion revenue rights and other information of interest to market participants. Customized details can also be extracted from the modeling results.
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The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
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Day Ahead and Real Time Market Simulation
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Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service