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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

Official Inauguration of Walney Offshore Wind Farm

LCG, February 9, 2012--The United Kingdom Energy Secretary today led the official opening of the Walney Offshore Wind Farm, a 367.2-MW mega-project located approximately 9 miles off the coast of Cumbria. The $1.9 billion project is a joint venture between DONG Energy, SSE and OPW, and it includes 102, 3.6-MW turbines provided by Siemens.

CEO of DONG Energy stated, "Walney is a landmark in offshore wind and DONG Energy?s strong drive to further industrialize offshore wind power and cut costs. It demonstrates our commitment to invest in the UK."

The project was completed in two phases (Walney 1 and 2),each including 51 turbines. The rotor diameter of the turbines is 107m for Walney 1 and 120m for Walney 2, with a maximum height of 150m from blade tip to sea level. The total area of the development is some 73 square kilometers. Walney 2 was completed in November of last year.
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