On September 22, 2025, Sage Geosystems, Inc. and California Resources Corporation (CRC) announced the signing of a Memorandum of Understanding (MOU). This agreement establishes a collaborative framework to pursue commercial projects and joint funding opportunities in subsurface energy storage and geothermal power generation in California.
The strategic partnership aims to develop clean and reliable energy solutions within the state, leveraging the combined expertise and resources of both companies. CRC's President and CEO, Francisco Leon, highlighted this MOU as a significant step forward in the company's commitment to sustainable energy solutions.
Sage Geosystems' CEO, Cindy Taff, noted CRC's established presence in California, including strong relationships with state agencies and an understanding of the regulatory environment. This collaboration is expected to contribute to California’s clean energy future and add resiliency to the state's power grid through next-generation geopressured geothermal technology.
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