Sage Geosystems Raises Over $97 Million To Deploy World’s First Commercial Pressure Geothermal Power Generation Facility - CleanTechnica

Sage Geosystems has raised over $97 million in a Series B funding round, co-led by Ormat Technologies and Carbon Direct Capital, to advance its next-generation Pressure Geothermal technology. This funding will support the development of Sage’s first commercial Pressure Geothermal power generation facility, which will be deployed at an existing Ormat power plant. Sage’s proprietary technology extracts geothermal heat from hot dry rock formations, creating a reliable, carbon-free source of firm power and long-duration energy storage. The partnership with Ormat is expected to accelerate commercialization and scale-up to meet growing demand for clean, dependable energy, especially for AI data centers. Pressure Geothermal technology uniquely leverages both the heat and pressure of the Earth to create engineered underground reservoirs of hot water that expand and contract naturally, unlocking significantly more geothermal resource potential—over 130 times more in the U.S. alone—than traditional methods. The technology is designed to be scalable and deployable globally, supporting applications in power generation, energy storage,