CoinMiner

Geothermal Energy: Ways to Invest

I have owned HTM and ORA off an on for years and currently hold HTM.

ORA certainly looks like it is in a wave IV (down) with more downside to come. Long term trend support is all the down in the mid 20's. Each of the previous two wave IV primaries have penetrated the 200 day EMA to the downside.

So, Why buy now?

6 Ways to Play Clean Energy

Good article. Indeed Ormat is very well run company. This Israeli firm has ramped up staffing commensurate with production and production commensurate with price. They hold strategic properties.

One critical piece of information I did not see here is the sheer necessity to understand the water rights issue for these firms. Without the water rights, and especially, the actual available quantity, it really doesn’t matter what property you own or quality of staff and management.

To that point the states of Nv and Utah this week agreed to begin de-watering the snake and thousand spring valley to pump into the Las Vegas Basin. This is just one of those issues that bears monitoring for anybody plying in the sector.

Disclaimer, I currently hold HTM.