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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

Sacramento MUD's Wind Installation Upgraded

LCG, June 11, 2004--A wind installation in Rio Vista, California, which supplies the Sacramento Municipal Utility District, has an additional seven turbines supplying 5 megawatts.

The greatest level of output is expected to be obtained during the period of May through September, which is also the time during which seasonal demand is highest. SMUD has increased the number of turbines at the facility in Solano County a few times since its original installation in 1994.

Dace Udris, the spokesperson for the utility, told the Sacramento Bee that the current level of renewable generation as compared with its overall output is 5.5 per cent. The utility is planning an increase in the portion of renewables such that by 2006, it will have attained 10 per cent renewable generation, and by 2011, 20 per cent.
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