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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

Support Grows for Big Massachusetts Solar Facility

LCG, Jan. 7, 2002--A five megawatt Massachusetts solar power facility that would be the largest in the Northeast United States is moving forward with a state-funded feasibility study and backing from the city of Brockton and Bay States Gas Co., the Boston Globe reported yesterday.

The facility would be built at a vacant industrial site near downtown Brockton, a city about 15 miles south of Boston, which was best known in the 1950s as the home of Rocky Marciano, the "Brockton Blockbuster," who was boxing's heavyweight champion from 1952 to 1956.

''The facility would produce no noise, no pollution, and there is no traffic associated with it,'' said Lori Columbo, a consultant who works with the city of Brockton on contaminated former industrial sites. ''It is a proven technology, but it is expensive to build.''

Some critics of solar power contend that no such facility has been built that has produced as much energy as was expended in its creation.

According to the Globe, the feasibility study, paid for by Massachusetts, is scheduled to be completed in June. The city and its public-private development agency, Brockton 21st Century Corp., would seek federal and state subsidies for construction.

The Brockton facility would cost about $7 million per megawatt, the paper noted.

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