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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

Sempra Completes Initial Block of Solar PV Capacity at Copper Mountain

LCG, June 17, 2010--Sempra Generation, a subsidiary of Sempra Energy, announced Monday that installation of the initial 8-MW block of solar panels at its Copper Mountain Solar project is complete and now delivering power to the grid. The project is located approximately 40 miles southeast of Las Vegas, Nevada.

The total electric generating capacity of the solar photovoltaic (PV) project will be 48 MW when fully operational in late 2010. Construction began in January.

Pacific Gas & Electric (PG&E) contracted to purchase the power from Copper Mountain Solar and Sempra Generation's adjacent 10-MW El Dorado Solar plant under separate, 20-year contracts.

Both of the projects use thin-film, solar PV panels supplied by First Solar, who also has served as the engineering, procurement and construction (EPC) contractor. The El Dorado solar project began construction in July 2008 and was completed in December 2008. Copper Mountain Solar was announced in April 2009.





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