Company News - Sage Geosystems™

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

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

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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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Welcoming Another Sage Geosystems 2023 Intern

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Introducing Advika Sadasivan, our talented Summer Intern joining the Sage Geosystems team! As a rising senior at the Village School, Advika is deeply passionate about sustainable energy, climate change, and social justice. Throughout her internship, Advika will have the opportunity to immerse herself in the world of revolutionary geothermal energy solutions. Her enthusiasm for environmental

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Sage Geosystems Selected for Launch Alaska: Geothermal Power and Energy Storage Solutions

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We are thrilled to share the exciting news that Sage Geosystems, a leader in geothermal power and energy storage solutions, has been selected to join the esteemed portfolio of partner companies at Launch Alaska. This significant milestone marks another step forward in our mission to accelerate the energy transition and drive global decarbonization efforts, starting

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Welcome Sage Geosystems 2023 Summer Interns and Apprentice!

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We are thrilled to introduce our new team members who will be joining our Houston, Texas-based company this summer. As a leading provider of geothermal energy and geothermal energy storage solutions, Sage Geosystems is committed to advancing our vision for ‘geothermal everywhere.’ Our summer interns and apprentice bring a wealth of talent and expertise to our

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CARBON TERRAVAULT HOLDINGS, LLC ANNOUNCES CALIFORNIA DAC HUB CONSORTIUM TO BRING DIRECT AIR CAPTURE AND STORAGE TO THE GOLDEN STATE

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Consortium Accelerates California’s Climate Leadership and Offers Transformative Benefits to Local Communities LONG BEACH, California, February 7, 2023 – Carbon TerraVault Holdings, LLC (CTV), a subsidiary of California Resources Corporation (NYSE: CRC), today announced it has formed a consortium of organizations across industry, technology, academia, national labs, community, government, and labor, to pursue U.S. Department

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ZeroGeo Energy and Sage Geosystems Announce Strategic Partnership on Energy Storage and Geothermal Baseload Projects

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ZUG, Switzerland and HOUSTON, Jan. 16, 2023 — ZeroGeo Energy GmbH (ZGS) and Sage Geosystems Inc. (Sage) announce a Joint Venture Agreement (JVA) to jointly engage in the business of energy storage in the earth and/or geothermal baseload energy (district heating or electricity generation) in Europe under the name TerraThermo GmbH. Solar power in Europe soared by almost 50% in 2022

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