U.S. Geothermal Inc.
An article on Sustainablebusinessoregon.com focuses on geothermal energy in Oregon, citing up to 19 projects in development in the state (GEA's 2012 US Geothermal Power Production and Development Report confirmed 16).
Forging ahead towards President Obama's target to source 80 percent of the United States' electrical needs from clean energy, the Department of Energy (DOE) has finalized a US$96.8 million loan guarantee for a geothermal project in south east Oregon.
U.S. Geothermal Inc. (Amex: HTM) has announced the completion of the fourth and final production well for the Neal Hot Springs project in eastern Oregon.
U.S. Geothermal Inc. (TSE:GTH) has received a special permit from the Washoe Planning Commission, allowing it to begin work on its San Emidio Geothermal Project in northern Nevada.
If geothermal power achieves its potential to become a significant contributor to the economy’s transition from fossil fuels to cleaner power, the best performers among these pure-play publicly traded companies will make their shareholders a lot of money: Ormat Technologies, Inc. (NYSE:ORA), Ram Power Corp. (TSE: RPG), Magma Energy Corp. (CVE:MXY), Nevada Geothermal Power Inc. (OTC:NGLP), and U.S. Geothermal Inc. (AMEX: HTM).
U.S. Geothermal Inc. has announced it has been approved for a U.S. Department of Energy due diligence review for the company's $85 million loan request for its Neal Hot Springs project.
