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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

Wind Farm Possible at Montana Mine

LCG, Sep. 16, 2002--A windpower developer that previously bid unsuccessfully to supply power to Montana's NorthWestern Energy is still pursuing a project in the state, at the Golden Sunlight Mine.

The company, Northern Alternative Energy, is studying the possibility of building a 50-megawatt installation made up of about 28 turbines. A Jefferson County economic development oficial, Scott Mendenhall, has been in discussion with the developer. "This is something everyone can support, he said....We need to jump on this as a state."

By seeking the support of the Public Service Commission to provide energy to customers who do not choose an electrical provider, the company president, John Jaunich, is aiming to secure qualifying facility status for his investment. A federal production tax credit would result if the Public Service Commission agrees.

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