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U.S. Geothermal Inc, a renewable energy company focused on the development, production and sale of electricity from geothermal energy, has received the Conditional Use Permit from the Malheur County Planning Commission for construction of its proposed 22 megawatt power plant at Neal Hot Springs in
BOISE, IDAHO--(Marketwire - 11/03/09) - U.S. Geothermal Inc. (U.S. Geothermal) (TSX:GTH - News)(AMEX:HTM - News), a renewable energy company focused on the development, production and sale
http://finance.yahoo.com/news/US-Geothermal-Inc-Key-iw-4039189984.html?x=0
Steam rises from cooling towers as U.S. Geothermal's Raft River geothermal power plant near Malta, Idaho. Researchers from the University of Utah's Energy and Geoscience Institute will inject cool water and pressurized water into a "dry" geothermal well at the site during a $10.
http://www.livescience.com/environment/090908-geothermal-water.html
University of Utah researchers will inject cool water and pressurized water into a “dry” geothermal well during a five-year, $10.2 million study aimed at boosting the productivity of geothermal power plants and making them feasible nationwide. “Using these techniques to increase pathways
Total : 37 View more »
Nov 04, 2009 (Wall Street Horizon via COMTEX) --
U.S. Geothermal Inc. (HTM)
Expected next earnings release: Announcement date: 11/16/2009 - After Market Earnings Quarter: Q2 Announcement Status: Unconfirmed
Tags: corporate earnings market
Companies: US Geothermal Inc (HTM)
BOISE, IDAHO, Nov 3, 2009 (Marketwire via COMTEX) --
U.S. Geothermal Inc. ("U.S. Geothermal") (TSX:GTH)(NYSE Amex:HTM), a renewable energy company focused on the development, production and sale of electricity from geothermal energy, announced today that it has received the Conditional Use Permit from the Malheur County Planning Commission for construction of its proposed 22 net megawatt power plant at Neal Hot Springs in eastern Oregon. The Conditional Use Permit received unanimous approval at a September 24, 2009 Planning Commission meeting and was issued on October 28, 2009.
Daniel Kunz, U.S. Geothermal's President and CEO said, "Approval of the Conditional Use Permit is a key project milestone. We appreciate the continued support from Malheur County and the State of Oregon as we advance toward construction of the Neal Hot Springs geothermal power plant." U.S. Geothermal anticipates receipt of a term sheet for a project loan from the U.S. Department of Energy for the Neal Hot Springs project which is currently undergoing due diligence review. Work also continues on a draft power purchase agreement that is projected to be completed soon. The $106 million project is expected to qualify for about $27 million under the ITC cash grant program and is currently planned to be online by the fourth quarter of 2011.
About U.S. Geothermal:
U.S. Geothermal, a renewable energy development company with operating geothermal power plants at Raft River, Idaho and San Emidio, Nevada, is proceeding with a temperature gradient drilling program and has recently completed development drilling of a second full scale production well at Neal Hot Springs toward development of its third operating geothermal power plant.
Please visit our Website at: www.usgeothermal.com
The information provided in this news release may contain forward-looking statements within the definition of the Safe Harbor provisions of the US Private Securities Litigation Reform Act of 1995. These statements are based on U.S. Geothermal Inc.'s current expectations and beliefs and are subject to a number of risks and uncertainties that can cause actual results to differ materially from those described. Readers are cautioned to review the risk factors identified by the company in its filings with Canadian and US securities agencies. Forward-looking statements are based on management's expectations, beliefs and opinions on the date the statements are made. U.S. Geothermal Inc. assumes no obligation to update forward-looking statements if management's expectations, beliefs, or opinions, or other factors, should change.
SOURCE: U.S. Geothermal Inc.
U.S. Geothermal Inc. Saf Dhillon Investor Relations 866-687-7059 208-424-1030 (FAX) saf@usgeothermal.com www.usgeothermal.com
Tags: amex canada ceo construction department of energy electricity energy geothermal idaho nevada nyse online oregon power plant president renewable energy
Nov 03, 2009 (Wall Street Horizon via COMTEX) --
U.S. Geothermal Inc. (HTM)
Expected next earnings release: Announcement date: 11/16/2009 - After Market Earnings Quarter: Q2 Announcement Status: Unconfirmed
Tags: corporate earnings market
Companies: US Geothermal Inc (HTM)
BOISE, IDAHO, Oct 30, 2009 (Marketwire via COMTEX) --
U.S. Geothermal Inc. ("U.S. Geothermal") (TSX:GTH)(NYSE Amex:HTM), a renewable energy company focused on the development, production and sale of electricity from geothermal energy, announced today that it has been awarded $3.77 million in Recovery Act funding for the exploration and development of its San Emidio geothermal power project using advanced geophysical exploration techniques. This award was categorized under the 'Innovative Exploration and Drilling Projects' section of the American Recovery and Reinvestment Act.
The project at San Emidio will apply innovative, seismic and satellite imagery techniques along with state-of-the-art structural modeling, to locate large aperture factures that represent high-productivity geothermal drilling targets. "This award will assist in increasing per-well productivity and thereby reducing the number of production wells required to develop a geothermal resource. It also has a good chance of substantially increasing the San Emidio resource base while reducing overall field development costs. I expect that advanced exploration techniques developed with this DOE funding will provide powerful new tools for full development of all five of our geothermal properties," noted William Teplow, Vice President Exploration for U.S. Geothermal.
About U.S. Geothermal:
U.S. Geothermal, a renewable energy development company that is operating geothermal power projects at Raft River, Idaho and San Emidio, Nevada, is proceeding with a temperature gradient drilling program and has recently completed development drilling of a second full scale production well at Neal Hot Springs in eastern Oregon.
Please visit our Website at: www.usgeothermal.com
The information provided in this news release may contain forward-looking statements within the definition of the Safe Harbor provisions of the US Private Securities Litigation Reform Act of 1995. These statements are based on U.S. Geothermal Inc.'s current expectations and beliefs and are subject to a number of risks and uncertainties that can cause actual results to differ materially from those described. Readers are cautioned to review the risk factors identified by the company in its filings with Canadian and US securities agencies. Forward-looking statements are based on management's expectations, beliefs and opinions on the date the statements are made. U.S. Geothermal Inc. assumes no obligation to update forward-looking statements if management's expectations, beliefs, or opinions, or other factors, should change.
SOURCE: U.S. Geothermal Inc.
U.S. Geothermal Inc. Saf Dhillon Investor Relations 866-687-7059 208-424-1030 (FAX) saf@usgeothermal.com www.usgeothermal.com
Tags: amex art canada department of energy electricity energy exploration geothermal grants idaho nevada nyse oregon president productivity renewable energy satellite structural
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We work to responsibly develop geothermal energy resources for electrical power and direct uses. We strive to create enhanced value for our stakeholders while addressing America's domestic energy needs and promoting a clean environment.
Diagram courtesy U.S. Geothermal Inc. This diagram shows how hot water is pumped from the earth to heat a second fluid to produce electricity. The water is pumped back into the earth where it is reheated and used again, making geothermal a renewable energy.
http://www.mtexpress.com/index2.php?ID=2005116263&var_Year=2007&var_Month=07&var_Day=27
Shows where geothermal resources are being used for electrical generation and direct-use projects—greenhouses, aquaculture, district heating, space heating, and industry.
http://www1.eere.energy.gov/geothermal/printable_versions/maps.html
Through an intelligent mapping environment, Intierra combines geotechnical and land tenure information with the Minmet Financial Markets service – a detailed, near real-time, company and project database, sourced from global stockmarket feeds.
http://www.intierra.com/html/companies/U.S.%20Geothermal%20Inc..htm
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