Posts Tagged "utah company"

Geothermal land grab
by TECHSTAR on DECEMBER 29, 2008 - 1 Comment in ENERGY

How it works Associated Press in PROVO — Within months of discovering a massive geothermal field, a small Utah company had erected and fired up a power plant — one example of the speed with which companies are capitalizing on state mandates for alternative energy.  It is not know whether individuals could be doing the same thing on a smaller scale.

Anticipation of new energy policies has sparked a rush on land leases as companies like Raser Technologies Inc., based in Provo, lock up property that holds geothermal fields and potentially huge profits. (more…)

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