sage geosystems
Exclusive: Sage Geosystems raises $17M for energy storage
Sage Geosystems says it''s using not just the heat underground but also the pressure. How it works: A pilot project last year produced 200 KW of energy for 18 hours, which Sage Geosystems termed a long-duration demonstration of its tech. It also dispatched 1 MW for 30 minutes in a "load-following" demo that would provide energy …
Sage Geosystems Featured in Canary Media Article, "This Texas …
Read about Sage Geosystems'' recent field testing of our energy storage system deep in the earth (EarthStore™)! Having started the testing of Sage''s energy storage technologies in November 2021, Sage has accumulated nearly 6 months of field testing to date. These tests have allowed Sage to demonstrate: (a) power generation duration is proportional to the
Sage Geosystems Raises $17 Million in Series A, Announces …
Sage Geosystems was founded in 2020 and is developing Geopressured Geothermal System (GGS) technologies deep in the earth. Sage Geosystems is the first company to demonstrate the ability to deliver cost-effective and commercially viable new generation geothermal (i.e., hot dry rock) with the company''s proprietary GGS design.
SAGE GEOSYSTEMS COLLABORATES WITH METAMATERIAL ON SUBSURFACE …
Sage Geosystems is a newly launched geothermal venture with over 125 years combined experience as executives in the oil and gas industry, with the knowledge and skills to apply oilfield technology to significantly improve the efficiency of geothermal. More information about Sage Geosystems can be found at
Company receives Pentagon contract to investigate potential site …
The home of America''s Tank Division is about to become a part of an underground energy mission.. That''s because Houston''s Sage Geosystems has been awarded a government contract to analyze the potential for a mostly subterranean power storage system at El Paso''s Fort Bliss, according to Worth Magazine. If completed, the …
News
Sage Geosystems is set to revolutionize renewable energy storage by utilizing a fracked well for geothermal electricity, moving closer to commercial viability. Amidst Texas'' renewable energy boom, Sage''s innovative approach creates "batteries" within subterranean wells, harnessing excess wind and solar power for later use.
Sage Geosystems Raises $17 Million in Series A, Announces …
Sage Geosystems is in the process of manufacturing equipment, with construction of the 3MW facility beginning in Q2 2024 and a targeted commission date of Q4 2024. The exact location of the facility will be announced soon. In 2023, Sage Geosystems successfully demonstrated the EarthStore™ system in a full-scale commercial pilot …
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Sage Geosystems™ is a transformative geothermal development company working to optimize both the well(s) and power plant to make geothermal accessible and affordable everywhere. Targeting lower temperatures (100 to 250°C) at depths of 3 to 6 km around the world; Using off-the-shelf oilfield equipment and technology that is field proven
Sage Geosystems Secures Financing for Hybrid Geothermal …
Sage Geosystems (Sage), a Houston-based firm focused on hot-dry-rock geothermal energy development, has received funding for a Phase 1 demonstration well using its HeatRoots technology. Sage plans to begin drilling the well, which will be located in the south Texas/Gulf Coast corridor, as early as this summer.
Sage Geosystems Partners with UT Austin''s Bureau of Economic …
Sage Geosystems in a Houston Texas based geothermal energy firm, founded by former Weatherford Global Head of R&D, Lev Ring, and former Shell Chief Scientist of Wells, Lance Cook. They reunited after working for decades together in the oil and gas industry to brainstorm new scalable geothermal energy concepts.
Energy Storage
Sage Geosystems is at the forefront of developing advanced energy storage technologies. Our solutions enable the efficient storage of energy during periods of low demand, maximizing the utilization of renewable energy sources such as wind turbines and solar arrays. Revolutionizing Renewable Energy: Geothermal Energy Storage for a Sustainable ...
Sage reports successful results of underground energy storage pilot
Sage Geosystems Inc. (Sage), a geothermal baseload and energy storage company, has announced the results and data from their full-scale commercial pilot of EarthStore™ – the company''s energy storage system that can provide short- or long-duration storage. Further, the results show Sage''s technology is cost-competitive with …
This Texas geothermal startup is storing energy in the ground
This Texas geothermal startup is storing energy in the ground. Sage Geosystems says its earthen " battery" system, now undergoing pilot tests in Texas, could be used to store energy to help balance power grids. By Maria Gallucci. 4 April 2023. Sage Geosystems CEO Cindy Taff, shown second from right, stands with her team at the …
Clean Energy Startup Sage Geosystems Raises $17 Million for …
Clean energy technology startup Sage Geosystems announced that it has raised $17 million in a Series A financing round, with proceeds aimed at fully funding a new commercial geothermal-based energy storage facility. Founded in 2020, Houston, Texas-based Sage Geosystems is developing solutions aimed at making geothermal energy, …
Events
Events. Sage Geosystems, a geothermal baseload and energy storage company, is proud to announce that its CEO and co-founder Cindy Taff participated in a tech forum panel for IADC Dec Q4 on "Drilling''s Role in CCUS and Geothermal". The panel, which took place on November 1st, 2023, featured experts from the drilling, carbon capture, and ...
Company News
Sage Geosystems Selected for Launch Alaska: Geothermal Power and Energy Storage Solutions. Company News. 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.
Company News
Company News. 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 …
Geothermal Energy at Oil and Gas Scale: A Chat with Lance Cook
1) Extend the 30% tax credit for geothermal projects, 2) Set aside 150 billion dollars to fund shovel ready geothermal projects at 0% interest rates and offer a -1% interest rate for any projects that commence drilling prior to September 1, 2020, 3) Extend the same tax credit on offer for solar and wind, per kWhr generated, to geothermal.
ZeroGeo Energy and Sage Geosystems Announce Strategic …
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 …
Geothermal Baseload
Sage Geosystems targets optimal temperatures (100-250°C) at depths accessible through existing oilfield technologies, making geothermal quickly and easily scalable. Scalable Geothermal Energy. We focus on using existing oilfield technologies and equipment, ensuring cost-effectiveness and scalability, making geothermal a viable energy option.
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