EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

FPL Announces Texas New Wind Power Project

LCG, April 6, 2001--FPL Energy said yesterday it would build one of the world's largest wind-powered electric generating facilities on King Mountain in Upton County, Texas, about 50 miles south of Midland-Odessa.

The project will have a capacity of 278.2 megawatts, the company said. When the whims of nature are factored in, wind generation typically produces about 30 percent of its rated capacity, so the King Mountain facility will produce something like 84 megawatts.

"We are pleased to be enhancing our portfolio in Texas, where demand for electricity is growing and state regulators are encouraging development of a robust wholesale market, particularly in renewable sources and clean-burning natural gas," said Lew Hay, president of FPL Energy.

FPL Energy currently owns and operates a 1,000 megawatt natural gas plant in Paris, Texas and the 75 megawatt Southwest Mesa Wind Farm in West Texas. In addition, it has two plants currently under construction, a 535 megawatt natural gas plant in Bastrop, near Austin, and the 160 megawatt WoodwardMountain wind power facility, also in the Midland-Odessa area.

The King Mountain project will use 214 wind turbines rated at 1,300 kilowatts each. Figuring nine towers per square mile, the wind farm will occupy about 24 square miles of Texas.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service