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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

Brighton, Colo. Has New Peakers

LCG, July 8, 2002--A privately held wholesale seller of power, Tri-State Generation and Transmission Association, Inc., has brought two combustion turbines online approximately 17 miles northeast of Denver, in the town of Brighton.

The plant's GE MS7000EA PG7121 turbines will provide a net output to the grid of 70 megawatts each. The turbines are able to run on both gas and diesel fuel, and will sell their output at times of peak demand.

Tri-State dates back to 1952, and in 2000 brought 12 New Mexico cooperatives into what had been 26 electric power cooperatives and public power districts with headquarters in Westminster, Colorado.
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