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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

Montana Could Have First Wind Farm Soon

LCG, June 6, 2003--The Golden Sunlight mine site could be home to a 50-megawatt wind farm following the end of operations at the mine, based on preliminary plans by developer Navitas.

A lease agreement between Jefferson County's Local Development Corp. and Navitas is possible, although no representatives would discuss details of the ongoing talks. If a wind farm were built, 28 turbines could be installed on Golden Sunlight land, as well as land owned by the Bureau of Land Management. The anticipated capacity of the turbines is 50 megawatts. The actual output capacity of wind turbines is variable, unlike the dispatchable capacity of a conventional thermal power plant.

NorthWestern Energy, which provides regulated electric power and natural gas service to residents of Minnesota, South Dakota and Nebraska, would need to agree to a power purchase contract for the facility to go forward. In addition, the approval of the Public Service Commission is required.
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