Company News - Sage Geosystems™

PRESS RELEASE: Sage Geosystems Expands Collaboration with the DoD to Enhance Energy Resilience through Geothermal Energy at Naval Air Station Corpus Christi

HOUSTON–(BUSINESS WIRE)–Sage Geosystems, a leader in next-generation geothermal using its proprietary Geopressured Geothermal Systems (GGS) technology, announced today it has been selected to conduct geothermal project development initiatives at Naval Air Station (NAS) Corpus Christi, Texas. In partnership with the Department of Defense (DoD) Defense Innovation Unit (DIU), and the Environmental Security Technology Certification Program […]

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PRESS RELEASE: Sage Geosystems, Inc. and California Resources Corporation Announce Strategic Partnership for Subsurface Energy Storage and Geothermal Power Generation in California

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LONG BEACH, Calif. & HOUSTON–(BUSINESS WIRE)– Sage Geosystems, Inc. (Sage) and California Resources Corporation (NYSE: CRC) today announced the signing of a Memorandum of Understanding (MOU) to establish a collaborative framework for pursuing commercial projects and joint funding opportunities related to subsurface energy storage and geothermal power generation in California. This strategic partnership between Sage and

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PRESS RELEASE: Air Force Awards Contract to Sage Geosystems for the Development of New Clean Power Plant

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HOUSTON–(BUSINESS WIRE)–The Department of the Air Force (DAF) awarded its first contract to determine whether a power plant using Geopressured Geothermal Systems (GGS) can generate the clean energy needed for a base to achieve energy resilience. The contract awards Sage Geosystems, Inc., a grant of $1.9 million and the company will match the grant with an

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PRESS RELEASE: Sage Geosystems and Meta Announce Agreement for Next-Generation Geothermal Power Generation

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WASHINGTON–(BUSINESS WIRE)–Today, at the U.S. Department Energy’s (DOE) Catalyzing Next Generation Geothermal Development Workshop, Sage Geosystems (Sage) and Meta Platforms, Inc (Meta) announced a new agreement that would significantly expand the use of geothermal power in the U.S. and would be the first use of next generation geothermal power east of the Rocky Mountains. This announcement demonstrates

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PRESS RELEASE: Sage Geosystems to Advance Energy Resilience with Geothermal Energy Solutions at Fort Bliss

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Sage Geosystems™ | April 17, 2024 HOUSTON–(BUSINESS WIRE)–Sage Geosystems, the developer of Geopressured Geothermal Systems (GGS), announced today it will begin a geothermal initiative at Fort Bliss for the U.S. Army and the Defense Innovation Unit (DIU). Sage Geosystems will explore the potential to deploy its proprietary GGS technology to supply clean and secure energy

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PRESS RELEASE: Sage Geosystems Raises $17 Million in Series A, Announces World’s First Commercial Geopressured Geothermal System (GGS) Facility

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HOUSTON–(BUSINESS WIRE)–Sage Geosystems announced today the first close of $17 million in Series A funding led by Chesapeake Energy Corporation (“Chesapeake”) (NASDAQ: CHK) and joined by technology investor Arch Meredith, Helium-3 Ventures and with continued support from existing investors Virya, LLC, Nabors Industries Ltd., and Ignis Energy Inc. The proceeds will fully fund the first of its kind 3MW commercial Geopressured Geothermal System

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PRESS RELEASE: Sage Geosystems’ Landmark Full-scale Commercial Pilot

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HOUSTON, Sept. 12, 2023 /PRNewswire/ — Sage Geosystems Inc. (Sage), a geothermal baseload and energy storage company, today announced groundbreaking results and data from their full-scale commercial pilot confirming the performance of its energy storage system that can provide short- or long-duration storage (EarthStore™). Further, the results show Sage’s technology is cost-competitive with lithium-ion batteries, pumped storage

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Sage Geosystems Joins the Long Duration Energy Storage (LDES) Council

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We are excited to announce that Sage Geosystems Inc. has become a member of the Long Duration Energy Storage Council (LDES Council). This marks yet another milestone in our journey towards a sustainable energy future. The LDES Council, a prominent authority on long duration energy storage, has seen remarkable growth, now boasting nearly 70 members spanning the entire

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Sage Geosystems Meets with ADNOC for Geothermal Energy Solutions

Company News

Today, Cindy D. Taff (CEO) and Lev Ring (President) of Sage Geosystems Inc. had the privilege of meeting with the United Arab Emirates (UAE) Ministry of Energy & Infrastructure office to explore cutting-edge energy storage and geothermal baseload opportunities in this rapidly growing region. It was an incredible opportunity to discuss sustainable solutions that align with the UAE’s vision for a greener future. As the UAE takes

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