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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

Dominion and Shell WindEnergy Add Second Phase to West Virginia Wind Project

LCG, August 1, 2007--Dominion and Shell WindEnergy, Inc. announced yesterday that a second phase will be added to a large wind farm currently under development in Grant County, West Virginia. The combined phases of the wind project would provide an electric generating capacity of 264 MW.

The initial phase of the wind project includes 82 turbines with a total electric generating capacity of 164 MW. Construction is underway, with commercial operations scheduled for late this year. The new, second phase will consist of 50 turbines with a combined capacity of 100 MW. Given timely receipt of permits, the second phase will commence operations in 2008.

The wind farm is located near Dominion's Mount Storm Power Station. A new 500 kV electric transmission line proposed by Dominion to increase supply and reliability in the region would enhance power flows from the new wind farm to growing loads in the area.

Earlier this month, Dominion Virginia Power, a subsidiary of Dominion, announced plans to increase the use of renewable generation. Plans include a goal of relying on renewable resources for 12 percent of its electricity by 2022, which is consistent with legislation adopted earlier this year by the Virginia General Assembly.

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