Company News

Company News includes news posted by Sage Geosystems™ about updates and changing occurring within the company and/or operations.

Vast Solar and Sage Geosystems Announce Strategic Collaboration on Hybrid Power Generation and Storage Projects

Sage Geosystems™ | Dec. 13, 2022 SYDNEY and HOUSTON, Dec. 13, 2022 — Vast Solar Pty Ltd. (Vast Solar) and Sage Geosystems Inc. (Sage) announced a memorandum of understanding (MOU) to evaluate global opportunities to integrate concentrated solar power (CSP) generation and long-duration energy storage (ES) deep in the earth to supply clean, dispatchable baseload […]

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Sage Geosystems Announces Strategic Partnership and Investment from Ignis H2 Energy and the Geolog Group to Advance Energy Storage Solutions Using Geothermal Technology

Sage Geosystems™ | Nov. 1, 2022 HOUSTON, Texas, Nov. 1, 2022 — Sage Geosystems Inc. (Sage), a transformative geothermal development company, is excited to announce an investment from Ignis H2 Energy Inc. (Ignis) and its sister company Geolog International BV (GEOLOG). This strategic partnership will help accelerate the deployment of Sage’s proprietary technologies that vastly expand the

Sage Geosystems Announces Strategic Partnership and Investment from Ignis H2 Energy and the Geolog Group to Advance Energy Storage Solutions Using Geothermal Technology Read More »

PRESS RELEASE: Sage Geosystems and Nabors Industries team up to accelerate commercialization of geothermal energy

Sage Geosystems™ | June 24, 2021 HOUSTON, Texas, June 24, 2021 — Sage Geosystems Inc. (Sage), Nabors Industries (Nabors), and Virya, LLC (Virya) are excited to announce the signing of a $12 million financing led by Nabors. Nabors and Virya will invest $10 million and $2 million, respectively. The proceeds of this financing will be

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Sage Geosystems Partners with UT Austin’s Bureau of Economic Geology in US Air Force Funded Study Aimed at Developing Geothermal Energy at Ellington Air Force Base

Feasibility study to support development of Sage’s closed loop geothermal energy systems on military bases, with Houston’s Ellington Air Force base first in line. HOUSTON, Texas – Texas based geothermal energy company Sage Geosystems and the Bureau of Economic Geology (Bureau) at the University of Texas at Austin Jackson School of Geoscience have been selected by the US Air Force

Sage Geosystems Partners with UT Austin’s Bureau of Economic Geology in US Air Force Funded Study Aimed at Developing Geothermal Energy at Ellington Air Force Base Read More »

Sage Geosystems Investment Builds Unprecedented Partnership Between Oil and Gas Expertise and Climate Venture Funding

Texas based geothermal energy firm led by former oil and gas executives to drill their Phase I demonstration well in Texas early this year, with eyes on big oil pivot HOUSTON, Texas – Sage Geosystems (Sage), a venture focused on ‘hot dry rock’ geothermal energy development, announced it has closed a $3 million Series A

Sage Geosystems Investment Builds Unprecedented Partnership Between Oil and Gas Expertise and Climate Venture Funding Read More »

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