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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

Construction Starts on FPL's 10-MW Solar Project

LCG, May 29, 2009--Construction activities are now underway on the Space Coast Next Generation Solar Energy Center, located at the Kennedy Space Center in Florida. The 10-MW, solar photovoltaic (PV) power project is a public-private partnership between Florida Power & Light Company (FPL) and NASA.

The Space Coast Next Generation Solar Energy Center will employ Sunpower PV panels and SunPower Tracker technology, which moves the panels to follow the sun throughout the day and increase the solar energy converted to power. The project will use approximately 35,000 solar PV panels installed over 60 acres. The power generated will be used by FPL's customers in Florida.

In late February, FPL began construction on a similar project, the DeSoto Next Generation Solar Energy Center, that will provide 25 MW of solar PV power to FPL's customers. FPL has stated that the DeSoto project will be the largest solar PV facility in the nation when it is complete at the end of 2009.
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