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Energy

US Geothermal ups PPA by 30%

09.27.07 | Comment?

Originally published at Montara Energy Ventures.

Raft River Project under Construction
Raft River Project under construction

Recently, US Geothermal renegotiated its power purchase agreement with the Idaho Power Company increasing it from 10MW to 13MW. Details are available in this press release. This constitutes the first segment in what is believed to be a 45.5MW project at Raft River, Idaho. This is good news for the company as it shows that the project will have greater net output than originally forecast.

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