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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

GE Announces First European Order for 2.75-103 Wind Turbines

LCG, October 27, 2011--GE announced yesterday the first planned delivery in Europe of its new 2.75-MW wind turbines to the Little Raith Wind Farm project in Fife, Scotland, where construction began in August. GE expects to complete the wind turbine installation by 2012. GE will provide customer support to the owner, Kennedy Renewables, under a five-year, full service agreement.

The goal in Scotland is to produce 100 percent of its electricity from renewable resources by 2020.

A spokesperson for GE stated, "The deployment of GE's 2.75 megawatt wind turbine in Fife underscores GE's commitment to provide our customers with technological solutions that are well suited for the Scottish climate. Our 2.75-MW wind turbines delivers reliable electrical output that will provide Kennedy Renewables with a wind farm that will best meet their local energy and environmental requirements."

GE's 2.75-MW turbine rotor measures 103 meters. GE's 2.75-100 and 2.75-103 are three-blade, upwind, horizontal-axis wind turbines with 100-meter and 103-meter rotor diameters, respectively. The turbine rotor and nacelle are mounted on top of a tubular steel tower providing hub heights of 75 (50 Hz only), 85, and 98.3 meters.
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