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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

Connections of Wind Farms to Irish Grid Blocked

LCG, Dec. 4, 2003--The intermittent nature of wind power production and the significant amount of planned growth of wind installations in Ireland has led a top regulator to halt further connections in order to insure reliable operations.

The decision was prompted in part by a letter to the regulator, Tom Reeves, from the managing director of ESB National Grid, Kieran O'Brien, in which O'Brien asked for emergency steps to be taken. "While these issues could be ignored with low levels of wind generation on the system, now that definitive plans are in place to significantly and rapidly increase the proportion of wind generation on the system, a number of complex technical issues relating to wind generation must be resolved," the letter stated.

Reeves said that he knew the decision would not be received well by executives of wind power production firms. He stated that he was "naturally reluctant to approve emergency type measures of this nature without any prior warning to the industry," but that a higher priority lay in "overall system reliability."

O'Brien asked that the technical issues should be fully researched before any new connections are approved. He wrote that the amount of currently connected facilities and approved wind connection agreements "pose an increased risk to the security and stability of the power system which the transmission system operator feels exceeds the level normally likely to be accepted by a prudent system operator."
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