“Raser Technologies converts low-temperature water into power. Can this clean energy pioneer strike it rich?
By Carolyn Whelan, Fotune Money and CNN contributor
“Off a lonely dirt road 30 miles west of Beaver, Utah, (pop: 6,162) on a brisk spring morning last year, wide grins crossed the faces of a handful of men in hardhats. They’d [...]
PROVO, Utah, October 6, 2009, Raser Technologies, Inc., an energy technology company, today released an update on its geothermal activities and its PHEV project, updating stockholders, the media and the public on its progress and strategy.
Lightning Dock, New Mexico Project
Raser recently received final approval of a key permit from the New Mexico Oil Conservation Division [...]
Raser Technologies exhibits at the Geothermal Resources Council Annual Meeting and Geothermal Energy Association’s Expo in Reno, Nevada, October 4-7, 2009
Provo, UT, September 2, 2009 –Raser Technologies, Inc., an energy technology company, announced today that it has received notice from the Department of Energy (“DOE”) that its loan guarantee application for its “East Thermo” project has been denied. In its notice, the DOE stated “we believe that the East Thermo project possesses fundamental strength, but [...]
Senator Bennett also test drove Raser’s 100mpg electric Hummer
Provo, UT, August 31, 2009 –Raser Technologies, Inc., an energy technology company, announced today that U.S. Senator Bob Bennett made his first visit to the company’s geothermal power plant.
“Geothermal power is one of the few renewable technologies that can actually produce reliable, clean energy on a significant [...]
U.S. Senator Bob Bennett tours Raser’s Thermo Geothermal Power Plant and test drives the Electric Hummer.
Photos by George Frey
The preceding contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements regarding: our beliefs about the performance and market applicability of our products; and our beliefs about the market acceptance of our [...]
A new paper in Energy Policy finds geothermal energy is the most efficient renewable energy alternative and is improving the fastest. This source of energy, largely untapped, covers large swaths of the western United States. Citing a US Department of Energy Study, she states “The amount [...]
Provo, UT, June 15, 2009 – Raser Technologies, Inc. announced today that it has released the latest version of its “Up to Speed” series of videos, updating stockholders, the media and the public on its progress and strategy. The video provides an update on:
its current and proposed geothermal power developments, including the expectation of reaching full [...]
Raser Technologies moves one step closer to receiving loan guarantees from the Department of Energy
Provo, UT, June 9, 2009 –Raser Technologies, Inc., a leading energy technology company, announced today that the Department of Energy (DOE) has notified the company that its loan guarantee application has been approved to proceed to the next stage of due [...]
Company Recognized as Alternative Energy – Geothermal Plant of the Year for Key Technologies and Developments for Power Generation Plants
Provo, UT, May 14, 2009 –Raser Technologies, Inc., a leading energy technology company, announced today that its first geothermal power plant was recognized as the Alternative Energy – Geothermal “Power Plant of the Year” at the [...]
New Legislation Will Promote Renewable Energy Development in Utah and Create a Blueprint for Other States
Provo, UT, April 23, 2009 -Raser Technologies, Inc. (NYSE: RZ), a leading energy technology company, celebrated Earth Week with Utah’s Governor Jon Huntsman at Raser’s Hatch geothermal power plant near Thermo, UT, and ceremonially signed two important renewable energy bills: [...]
Radio station KUER 90.1 reports “New Federal Spending Could Boost Geothermal Energy”
“The riskiest part of geothermal energy development is proving that there’s enough hot water underground to run a power plant. That’s where researchers would like to see the new money made available from the federal government used as private industry scrambles to meet the [...]
New Legislation Will Promote Renewable Energy Development in Utah and Create a Blueprint for Other States
PROVO, Utah–Raser Technologies, Inc. (NYSE: RZ – News), a leading energy technology company, announced today that Utah’s Governor Jon Huntsman visited Raser’s Hatch geothermal power plant near Thermo, Utah, as part of a tour of Utah’s Renewable Energy Zone, and [...]
Raser Technologies, Inc. (NYSE:RZ – News), a leader in energy technologies, announced that the Hatch Geothermal Power Plant, Beaver County, UT, began delivering clean, renewable electricity to the City of Anaheim, California today.
Voice of America Reports: New Technology in Geothermal Energy will Increase Clean Energy Capacity
Raser has teamed with UTC Power to rapidly deploy low-cost modular power generation plants.
Raser’s modular strategy using award-winning technology from Raser and UTC Power can effectively harness the nation’s reservoir of untapped low-temperature resources to meet the growing demand for affordable, clean, renewable energy.
Raser [...]
Electric Power from Vast Untapped Low Temperature Sites
Over 120,000 megawatts of untapped low temperature geothermal resources have been identified by the US Geological Survey.
New technology makes power from low temperature water
Raser’s technology generates power economically from temperatures as low as 165° F.
This type [...]
PROVO, UT, March 20, 2009 — Raser Technologies, Inc. announced today that Brent M. Cook, the Company’s CEO is scheduled to present at the Geothermal Innovation & Investment conference at 2:00 PM PDT on March 25, 2009, held at Le Meridian in San Francisco, California. Mr. Cook will be discussing low temperature resource exploitation and [...]
On Friday March 20, 2009, Raser Chairman Kraig Higginson was featured on Fox Business News from Washington D.C. as a candidate for renewable energy stimulus programs and geothermal increasing role in the nation’s energy future.
Cautionary Note Regarding Forward-Looking Statements
This video release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act [...]
PROVO, UTAH–Raser Technologies, Inc., a leader in geothermal power generation announced today that it has completed final preparations needed to transmit power to the city of Anaheim beginning as early as next week.
The commissioning date was extended while the local utility in Utah completed the installation of the SCADA equipment needed to monitor transmissions on [...]
Jim Ellis, Assistant Managing Editor at Business Week and Gene Marcial, Inside Wall Street Columnist, look at the prospects of Raser’s alternative energy technology under President Obama’s administration.
Raser, a Play in Geothermal Juice
“Investment opportunities in renewable energy abound, but one that is still getting scant attention is geothermal energy, the kind that produces heat from [...]
Raser In the News: A Montage of Recent News Stories
PROVO, UT, February 3, 2009 — Raser Technologies, Inc. announced today that it has entered into a long-term lease agreement with private land owners covering 37,000 acres of geothermal resources in Southeastern Oregon. The terms of the lease agreement were not specified, but include surface and other rights necessary to build geothermal power plants. The [...]
CNN Reports: The Business of Green. Full Steam Ahead with Geothermal Energy
Raser has secured one of the largest portfolios of geothermal resources in the United States. Raser holds approximately 240,000 acres in four states in the USA and has been granted a significant concession in Indonesia. Raser currently has eight geothermal projects in different stages of development.
3 Utah Projects: In the desert of Southwestern Utah
1 New [...]
Raser To Assist State Of Utah And Salt Lake City With Geothermal Energy Prospects
SALT LAKE CITY, Utah, January 15, 2009 — Raser Technologies, a Utah-based geothermal development company, will help provide research assistance as Salt Lake City and the State of Utah consider the viability of low-temperature geothermal electrical generation. The effort is part of the recent announcement by the City to develop geothermal projects to help meet [...]
