News
Mar 11, 2008Financial Post: “Investors warming to geothermal stocks”
Grant Surridge from the Financial Post recently released an article detailing an increase in investment interest in geothermal stocks. Specifically Surridge investigates the increase in investment for Sierra Geothermal Power Corp, a CanGEA member. Surridge states that an increase in government incentives and improvements in geothermal technology have increased investment interest in the industry. Western GeoPower, another CanGEA member is mentioned in the article as well.
Long the lesser cousin to clean energies such as biofuels, and wind and solar power, a combination of increased government incentives and improved technology has investment pouring into the sector.
“We’re seeing more money trying to get into the space than projects available,” said Mr. Thompson during a recent interview in Toronto.
To view the full article: Investors warming to geothermal stocks
