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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

FPL Energy Announces Plans for $2 Billion Wind Farm

LCG, June 27, 2008--FPL Energy yesterday filed a letter of intent with North Dakota's Public Service Commission regarding its plan to build a $2 billion wind farm project in west-central North Dakota. The proposed electric generating capacity of the project is 1,000 MW.

The project will include the installation of 667 wind turbines in Oliver and Morton Counties. The footprint of the wind farm will cover over 250 square miles, or nearly two and a half times the area of Nantucket Island.

FPL Energy stated that it intends to file an application with the Commission in July 2009, with the hope of receiving a construction permit by May 2010. FPL Energy plans for construction to be complete by 2012.
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