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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

Construction Commences on Enel Green Power's 150-MW Wind Farm in Oklahoma

LCG, November 27, 2013--Enel Green Power S.p.A. (Enel Green Power) announced last week that it, through its subsidiary Enel Green Power North America, Inc., has begun construction work on the 150-MW Origin Wind Power Project located in Murray and Carter Counties, Oklahoma. The electricity generated from the project is under contract with Arkansas Electric Cooperative Corp. through a 20-year power purchase agreement (PPA).

The Origin Wind Power Project, owned by Origin Wind Energy LLC, a subsidiary of Enel Green Power North America, Inc., is expected to be completed and commence operations by the end of 2014.

The total project investment is estimated to be approximately $250 million and is financed through the Enel Green Power Group?s own sources.

The announcement states that the project holds the necessary requisites to qualify for production tax credits (PTC).

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