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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

Pattern Development Completes 185-MW Wind Project in British Columbia

LCG, February 28, 2017--Pattern Energy Group LP ("Pattern Development") yesterday announced the completion of its 184.6 MW Meikle Wind power project located in British Columbia. The addition of the new capacity increases British Columbia's total installed wind capacity to 673.6 MW, according to the Canadian Wind Energy Association (CanWEA). Main construction on the project commenced in June 2015.

The CEO of Pattern Development stated, "Meikle Wind is now the largest wind facility in British Columbia, increasing the installed wind power capacity in the province by 37 percent. Located in a mountainous region, this project was unique for its construction, design and weather challenges, as well as for our discovery of rare dinosaur tracks during construction, which we donated to the Tumbler Ridge Museum."

The Meikle Wind project is comprised of 61 GE wind turbines, and the facility has a 25-year power purchase agreement (PPA) with BC Hydro. The facility will be managed by 16 operations and maintenance personnel, together with a variety of local subcontractors.
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