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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

Another Milestone Achieved for PPM's Twin Buttes Wind Power Project

LCG, September 7, 2007--The dedication ceremony for the Twin Buttes Wind Power Project is scheduled for next week. PPM Energy developed the 75-MW wind farm, and Xcel will purchase the power generated. Construction began in the fall 2006, and the project began generating power in July of this year.

The Twin Buttes Wind Power Project is located in southeastern Colorado in Bent County. The wind farm includes fifty, 1.5-MW turbines manufactured by GE. The turbines are installed over a 9,000 acre site that will remain ranchland. The estimated cost of the project is $100 million.

PPM Energy also jointly owns another wind farm, Colorado Green, in the vicinity with Shell WindEnergy Inc. Colorado Green, which is located in Prowers County, Colorado, consists of 108 GE Wind Energy 1.5 MW turbines and has a generating capacity of 162 MW. Shell WindEnergy and PPM Energy own the project in a 50/50 joint venture.
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