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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 Complete on South Kent Wind Project in Ontario

LCG, April 16, 2014-Samsung Renewable Energy, Inc. (Samsung) and Pattern Energy Group Inc. (Pattern Energy) yesterday announced that construction of the South Kent Wind project is complete and that the wind farm is now operational. The project is the largest wind farm in Canada. The electric generating capacity of the project is 270 MW, which is provided by 124 Siemens wind turbines.

The power produced by South Kent Wind is under a 20-year power purchase agreement (PPA) with the Ontario Power Authority (OPA). The new generating capacity is needed to compensate for the continued retirement of coal-fired generation in Ontario.

The CEO of Pattern Energy stated, "South Kent Wind is our first in a series of wind projects in Ontario and we're proud it has been delivered on time and within budget, despite a very harsh winter.???

Pattern Energy and Samsung are developing and constructing in Ontario three other wind projects: the 150-MW Grand Renewable Energy Park, the 180-MW Armow Wind Project, and the 270-MW K2 Wind Project. These projects, together with South Kent Wind, will provide a total of 870 MW of wind capacity in Ontario.
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