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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

Winergy Power Expands Off-Shore Wind Project Capacity to 940-MW

LCG, April 18, 2008--Winergy Power submitted a new proposal to increase the electric generating capacity from 300 MW to 940 MW for a planned, off-shore wind project to be located near Long Island. The proposed wind farm would be constructed in phases beginning in 2012, with completion planned in 2014.

The revised wind project includes 190 to 260 wind turbines located 12 to 15 miles off the south shore of Long Island. The original proposal included only 96 turbines that would be located further off shore. The revised proposal moves the interconnection with the transmission grid to a Long Island Power Authority (LIPA) substation in Melville that has greater capacity than the site initially proposed.



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