
Keeping an eye on this one for a possible long play
http://www.usgeothermal.com/Index.aspx CHECK OUT THE VIDEO
Seems they are making electricity now and plan on expanding to full cap by 2012, tripling output.
As of June 30, 2009
http://www.usgeothermal.com/FinancialReports.aspx
C.R. 4.07
The Latest
NEWS:
(September 15, 2009) The U.S. Department of Energy (“DOE”) has formally awarded the Enhanced Geothermal Systems (“EGS”) grant that was announced on October 14, 2008 to U.S. Geothermal Inc.. The Raft River EGS program now totals up to $10.21 million, with the DOE providing up to $7.39 million as part of the cost-sharing arrangement. More>>
(September 14, 2009) U.S. Geothermal announced today that its board of directors has delayed the Company’s Annual General Meeting of its shareholders from September 22, 2009 to December 17, 2009. See the news release here for more information.