World's first commercial pressure geothermal plant secures funding

Sage Geosystems, a leader in pressure geothermal technology, has secured $97 million in Series B funding to develop the world’s first commercial pressure geothermal power plant. This innovative geothermal approach, also called enhanced geothermal energy, targets hot, dry, low-permeability rock formations by injecting water into deep “lung fractures” to extract both heat and subsurface pressure. This dual extraction method can yield up to 50% more energy compared to traditional geothermal systems, while also addressing common challenges such as location specificity, high water usage, and initial costs. Sage claims this technology could unlock 130 times more geothermal potential in the U.S. alone and is designed to be scalable and deployable in diverse locations. The funding round includes significant investment from Ormat Technologies, a major player in geothermal energy, which also recently partnered with Sage. Sage has signed a deal with Meta to supply 150 MW of clean geothermal energy to data centers east of the Rocky Mountains, highlighting the role of this technology in powering