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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

Operations Begin at North America's Largest Solar Power Plant

LCG, December 18, 2007--The U.S. Air Force announced yesterday that operations commenced for a solar photovoltaic system in Nevada that is capable of generating 14 MW. Nevada Power Company will purchase the Renewable Energy Credits (RECs) associated with the facility.

The solar project is located at Nellis Air Force Base and covers 140 acres. SunPower Corporation designed and built the facility employing its proprietary T20, single-axis solar tracking system to track the sun. The project incorporates 72,000 solar panels.

The Air Force stated that the facility is now North America's largest solar photovoltaic system, and Sierra Pacific Resources, parent company of Nevada Power, stated that Nevada now is number one in the United States in solar generation per capita.

Nevada enacted a renewable portfolio standard (RPS) in 1997, which requires the state's two investor-owned utilities to use renewable energy to supply a minimum percentage of the total electricity they sell. The annual renewable targets increase, with the target in 2015 equal to 20% of retail sales. Furthermore, a minimum of 5% of the standard must be associated with solar energy systems.
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