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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

Black Hills Power Applies to Decommission Coal Plants

LCG, September 17, 2013--The Wyoming Public Service Commission recently published a public notice stating that Black Hills Power filed an application on August 29, 2013 with the Commission to retire three aging coal units. The company stated the decision to decommission the facilities is driven by costs to comply with ever-growing regulations dictated by U.S. Environmental Protection Agency (EPA).

The Commission's public notice stated, "After an analysis of the cost of compliance, as well as consideration of the likelihood of additional future EPA regulations affecting the continued operation of the facilities, Black Hills Power determined the most cost effective plan for EPA compliance is to retire and decommission the facilities."

The coal-fired units targeted for retirement are the 34.5-MW Osage unit in Osage, Wyoming and the 21.8-MW Neil Simpson I unit in Gillette, Wyoming. In addition, the 25-MW Ben French unit in Rapid City, South Dakota is targeted. The newest of the three units is Neil Simpson I, which commenced commercial operations in 1969. All three units are owned entirely by Black Hills Power.

According to the public notice, Black Hills Power states the EPA issued the National Emission Standards for Hazardous Air Pollutants for Area Sources: Industrial, Commercial and Institutional Boilers (Area Source Rules), to reduce emissions of hazardous air pollutants from various small boilers, to include coal-fired units of 25 MW or less. The deadline for compliance with the Area Source Rules is March 21, 2014.
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