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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

Enel Starts Construction on 400-MW Wind Project in Kansas

LCG, April 14, 2016--Enel Green Power North America, Inc. (EGPNA) recently announced that it has started construction of the Cimarron Bend wind farm, a 400-MW project located in Clark County, Kansas. The project, which will require an investment of approximately $610 million, is expected to commence operations by 2017.

The power generated from the Cimarron Bend wind farm, together with the renewable energy credits associated with the project, will be sold to Google and to the Kansas City Board of Public Utilities under two 200-MW long-term power purchase agreements (PPA's).

The Head of Enel's Global Renewable Energies Division stated, "This project marks a major milestone for Enel, as not only will Cimarron Bend be the largest asset in our portfolio, but it also opens our renewable energy to new partners and uses. As we continue to invest and grow in the US we aim to cooperate with companies and partners that share the same vision for a more sustainable future."

Enel is actively developing a number of wind projects in the Midwest. Last December, its 200-MW Goodwell Wind Project, located in the panhandle of Oklahoma, achieved commercial operations. The electricity generated by the wind farm is under a 20-year PPA with Public Service Company of Oklahoma (PSO), a subsidiary of American Electric Power (AEP). The construction of the Goodwell Wind Project required a total investment of approximately $310 million.
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