Raser Featured on Fortune: “The New Green Land Rush”
Thursday, February 18, 2010 | Category: Featured Content, Geothermal Blog, Raser In the News | Print“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 just hit pay dirt, only these modern day miners weren’t prospecting for gold or oil. Their spoils? Tepid water.
The hamlet of Thermo is home to one of the nation’s newest geothermal plants, operated by Provo-based Raser Technologies. (RZ)
The water collected in Thermo is piped from wells to mini-power plants where it is essentially converted into energy and sent over transmission lines to California.”
