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Sage Geosystems Announces Funding for Next-generation Geothermal Power Generation Project

LCG, January 21, 2026--Sage Geosystems, the company pioneering Pressure Geothermal, today announced that it closed over $97 million in Series B funding to advance its geothermal power generation and energy storage solutions, including its first commercial next-generation geothermal power generation facility. Ormat Technologies, a vertically integrated company engaged in geothermal and recovered energy generation ("REG"), and Carbon Direct Capital, a growth equity investment firm, co-led Sage’s Series B round, representing the full backing of Sage and Pressure Geothermal technology from leaders in geothermal energy and growth capital.

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Origis Energy Announces Agreement with Meta for Greyhound A Solar Project in West Texas

LCG, January 15, 2026--Origis Energy today announced that Meta and the company signed a long-term power purchase agreement (PPA) for the 240-MW (303-MWdc) Greyhound A Solar project in West Odessa, Texas. The Greyhound A Solar project is scheduled to achieve commercial operations by mid-2026.

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Industry News

Entergy Selects MHPS Gas Turbines for Texas Project

LCG, January 24, 2019--Entergy Corp. subsidiary Entergy Texas has selected Mitsubishi Hitachi Power Systems (MHPS) gas turbine units for its planned Montgomery County Power Station (MCPS) near Willis, Texas. The project will include two Mitsubishi M501GAC turbines in the combined-cycle electric generating facility, which will be fueled with natural gas. The project will have an installed capacity of 993 MW and is scheduled to commence operations in 2021.

The Montgomery County Power Station, through the use of high-efficiency, gas turbines and other design features, is projected to save for Entergy Texas customers over $1 billion over the next 30 years.

The president and CEO of Entergy Texas stated, "The Montgomery County Power Station will supply the energy to help our communities and customers prosper. This power plant will not only provide needed generating capacity for Southeast Texas, one of the fast-growing regions in the U.S., but it's another step in our ongoing effort to modernize Entergy's generating fleet to provide power more efficiently, affordably and with fewer emissions."
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