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  • Greg Reid: Geothermal, the 'Sleeping Giant' [View article]
    Thank you for the updated information. I am hoping to cash in on the rise of the industry. They are scheduled to be online in twelve months (4/2010). They have reached imortant milestones in the development of the resource. In particular, they have a 20 year, $500,000 contract signed with Pacific Gas & Electric based on fixed $/Mw. They have their contracts signed with NCPA (Northern California Power Association.) Their steam turbine is under construction and is slated for delivery in August. They have over half the needed steam (19+MW) behind pipe with three holes left to finish drilling.
    Additioonally, they are slated to have thier second plant also under construction in Canada operational in 2011
    See westerngeopower.com for exact information. They have a periodic newsletter you may sign up for free. They are trading on the pink sheets WGPWF at $0.20-.024 under increasing volume.
    Long: WGPWF
    Apr 20 00:44 am |Rating: 0 0
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