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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

Bowie Power Station Receives Last Environmental Permit

LCG, Mar. 31, 2003--An air quality permit has been granted to a planned 1,000-megawatt power plant being developed by the SouthWestern Power Group in Bowie, Arizona.

The permit is the first of its kind issued by the Arizona Department of Environmental Quality (ADEQ) in three years, and is the final such permit necessary before construction of the Bowie plant can begin. Other permits included the Aquifer Protection Permit last year. The Bowie plant will use wet cooling, and will minimize the use of water by zero liquid discharge. Evaporative cooling will keep efficiency relatively high even during hot summer temperatures.

The configuration of the plant is to be combined-cycle, with two phases planned. The first 500 megawatts should be installed beginning this year, with operation in late 2005. The second phase is expected to come online in 2006.
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