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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
Duke Completes Solar PV Project in North Carolina
LCG, January 16, 2013--Duke Energy Renewables announced last week that construction of the Washington White Post Solar Power Project, a 12.5-MW utility-scale solar facility, is complete. The project, located in Beaufort County, North Carolina, was placed into service last month.
The power generated by the Washington White Post Solar Power Project will be purchased by the North Carolina Eastern Municipal Power Agency (NCEMPA) through a 15-year, power purchase agreement (PPA). The facility is Duke Energy Renewables' fourteenth wholly-owned commercial solar farm.
Duke Energy's CEO stated, "This project fits well with our mission to provide affordable and increasingly clean energy to North Carolina. As a merged company, we are delighted to build on Progress Energy's proud history of service and involvement in eastern North Carolina. The Washington White Post solar project further demonstrates our commitment to continuing this legacy."
"With the 11MW of commercial solar power we already generate in North Carolina, the Beaufort County facility more than doubles our solar capacity in the state," said the president of Duke Energy Renewables. "In fact, it is our largest solar power project in the eastern US."
Duke Energy Renewables contracted with SunEnergy1, a solar design, engineering and construction company, to build the 53,000-panel solar photovoltaic (PV) project. SunEnergy1 will continue to operate and maintain the facility.
North Carolina established a Renewable Energy and Energy Efficiency Portfolio Standard (REPS)in August 2007. Electric cooperatives and municipal utilities must meet a target of 10% renewables by 2018. All investor-owned utilities in the state are required to supply 12.5% of 2020 retail electricity sales from eligible energy resources and are subject to slightly different rules. The overall targets for renewable energy include technology-specific targets, including a solar carve-out.
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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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