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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

Commercial Operations Begin for Buffalo Gap 3 Wind Farm in Texas

LCG, September 25, 2008--AES Corporation yesterday announced commercial operations have commenced at the 170 MW Buffalo Gap 3 wind farm expansion near Abilene, Texas. AES signed a seven-year power purchase agreement (PPA) with Direct Energy for all of the power produced by Buffalo Gap 3. The Buffalo Gap 3 expansion was announced in September of last year.

The Buffalo Gap 3 expansion includes 74 Siemens wind turbine generators. With the Buffalo Gap 3 expansion, the total electric generating capacity of the wind farm is 524 MW. All of the power generated from the wind farm is purchased under similar PPA's by Direct Energy.

The second phase of the Buffalo Gap project achieved commercial operation in August 2007 and added 233 MW of generating capacity from the installation of 155 wind turbine generators from GE.
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