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home blog postings the race is on to finance and build new energy generation projects

The race is on to finance and build new energy generation projects

March 07, 2008 - Denise Holtby

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Raser has initiated the development of two additional geothermal projects, which brings Raser's total projects under development to seven. The projects represent 70 -75 megawatts (MW) of power projects initiated since April 2007. The two additional projects announced today include a second 10 MW plant in Utah and the company's first 10 MW plant in Oregon. The company's projects under development now include three projects in Nevada, two in Utah, one in New Mexico and one in Oregon. The question for today is, do you agree that the current race to finance and build such projects risks making alternative energy the prime candidate for the next bubble?

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