Latest Sage Geosystems News & Updates

See the latest news and media coverage for Sage Geosystems. We track all announcements, press releases, and industry mentions in real time, all in one place.

Sage Geosystems

Geothermal energy and long-duration storage technology developer

sagegeosystems.com

Headquarters: Houston, United States
Founded year: 2020
Company type: Private company
Number of employees: 24–50
Industry: Renewable Energy Equipment & Services

Last updated October 15

Latest news about Sage Geosystems

In short: Sage Geosystems raised $97M, brought its first Texas plant online, and began drilling in Nevada

Company announcements

October 15 Sage Geosystems

Sage Geosystems begins drilling Project Vector in Nevada

Geotechnical work is complete with landowner approval. First electricity targets 2027 and full production 2028.

May 8 Sage Geosystems

Sage Geosystems partners with Ormat on geothermal projects

CEOs discussed next-generation geothermal on Bloomberg TV. It expands viable areas 130 times, attracts $1.5B investment, targets 2027 commercialization for 24/7 clean power.

January 28 Sage Geosystems

Sage Geosystems announces commercial geothermal deployment with Ormat

As part of $97M Series B funding, they deploy first Pressure Geothermal facility at Ormat plant, accelerating scalable clean power.

January 21 Sage Geosystems

Sage Geosystems raised over $97 million for geothermal facility

The funding will deploy the world's first commercial pressure geothermal power generation facility.

Media coverage

August 19 Canary Media

Sage Geosystems brings its first next-gen geothermal plant online

It's only the third such project to hook up to the U.S. grid. It comes as surging electricity demand drives interest in the source of...

January 27 Renewable Energy Magazine

Sage Geosystems Raises Over $97M To Deploy Commercial Pressure Geothermal Facility

Sage Geosystems, the company pioneering Pressure Geothermal, closed over $97 million in Series B funding to advance its geothermal power generation and energy storage solutions...

January 22 Data Center Dynamics

Meta-backed geothermal firm Sage closes $97m funding round, announces first commercial facility

Meta-backed enhanced geothermal firm Sage Geosystems has closed a $97 million Series B funding round, led by Ormat Technologies and Carbon Direct Capital.

January 22 Interesting Engineering

World s first commercial pressure geothermal plant secures funding

Companies like Sage Geosystems are therefore looking to develop the next generation of geothermal...

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