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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

160-MW Texas Wind Farm Planned

LCG, July 24, 2003--The largest wind farm yet proposed in Texas has been announced by TXU Energy, a subsidiary of TXU Corp., and Green Mountain Energy, and is expected to be completed in the town of Brazos by the end of December 2003.

"As the largest purchaser of wind power in Texas, TXU Energy is pleased to help make this transaction a reality," TXU Energy's president of portfolio management, VJ Horgan, said. Developers for the project are Cielo Wind Power, LLC, based in Austin, and Orion Energy LLC, of Oakland, Ca. Shell WindEnergy, which jointly owns the project with Padoma Resources I, Inc., will operate the Green Mountain Wind Energy Farm. Output will be purchased and marketed by Green Mountain, of Austin, and by TXU Energy.

The installation will provide power to 30,000 average Texas homes each year, generated from 160 Mitsubishi generators. The turbines will each be about 230 tall, and according to the purchasers, prevent the same amount of CO2 each year that is caused by all cars and SUVs in Houston in most weeks.
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