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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

FPL Energy Plans Another Wind Project for North Dakota

LCG, June 27, 2008--The North Dakota Public Service Commission was recently notified by FPL Energy that it plans to construct a 150-MW wind farm in southeastern North Dakota. The project is estimated to cost approximately $300 million and will include roughly 100 wind turbines.

The turbines will be installed on a 20-acre site in Dickey County, and construction is anticipated to commence in July 2009 and to be completed by year-end.

FPL Energy currently operates wind farms with an installed capacity of over 300 MW in North Dakota. Early this year FPL Energy filed a permit application for the Barnes County wind farm with the Commission. Approval was recently granted for the project, which will include 133 wind turbines and have an electric generating capacity of approximately 200 MW.
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