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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

OPPD Approves Agreement for 60-MW Wind Farm

LCG, July 14, 2009--The Omaha Public Power District (OPPD) last Thursday announced that it approved a 20-year, power purchase agreement (PPA) with Flat Water Wind Farm LLC, a subsidiary of juwi Group/JW Prairie Wind Power. OPPD will purchase all of the electricity generated and related renewable energy certificates (RECs) from a 60-MW wind farm to be constructed in Richardson County, Nebraska.

The wind farm is expected to include forty, 1.5-MW wind turbines provided by GE. Commercial operation of the project is scheduled to commence by the end of 2010.

In January, OPPD announced an initiative to increase renewable power production, setting a goal to provide 10 percent of its electricity through renewable resources by 2020. The 60-MW wind project will move OPPD toward achieving its new goal.
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