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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

MHI Vestas Presents Its Commercially-Available 10 MW Offshore Wind Turbine

LCG, September, 27 2018--MHI Vestas announced Tuesday its first, commercially-available wind turbine that has achieved 10 MW. The company, which is a joint venture between Mitsubishi Heavy Industries (MHI) and Vestas Wind Systems, presented the V164-10.0 MW wind turbine at the Global Wind Summit in Hamburg, Germany.

The CEO of MHI Vestas stated, "What was unreachable before has become the new benchmark. In launching the V164-10.0 MW today, MHI Vestas is proud to contribute this major milestone to the offshore wind industry. And it gives us the opportunity to pay tribute to all the wind industry pioneers who have led us to this historic, double-digit nominal capacity."

MHI Vestas currently offers the commercially available V164-9.5 MW turbine, which passed its final certification in June. Orders have been received and are expected to be installed by the end of next year.

The V164-10.0 MW turbine is an expansion of the V164-9.5 MW turbines. The 10-MW turbine design includes a rotor diameter of 164 meters and turbine blades 80 meters in length. The height from base to tip will come in at approximately 187 meters.

In January 2017, MHI Vestas announced that it had uprated the V164-8.0 MW wind turbine and that it could reach 9 MW at specific site conditions. The 9 MW wind turbine was based on the V164-8.0 MW.
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