US Geothermal ups PPA by 30%
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.