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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

SunEdison Completes Regulus Solar PV Project in Central California

LCG, February 20, 2015 -SunEdison, Inc. announced Wednesday that it has completed the 81.6-MW (DC) Regulus solar project near Bakersfield, California and that the facility is now generating power.

The Regulus project is a groundmount solar generation facility located in Lamont, California. The facility includes approximately 250,000 SunEdison Silvantis™ solar photovoltaic (PV) panels that utilize SunEdison polysilicon and wafers. Operation and maintenance of the solar power plants will be performed by SunEdison Services.

The Regulus project was acquired from SunEdison by TerraForm Power, an indirect subsidiary of SunEdison that owns and operates clean power generation assets that have been acquired from SunEdison.

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