Tag Archives: energy

Geothermal Picks

A recent article from TheStockAdvisors.com shows the contributing editors from Stephen Leeb’s The Complete Investor focus on three Geothermal energy picks:  Chevron (CVX), Calpine (CPN), and Ormat Technologies(ORA).

"Throughout the globe, heat is continually produced in a layer far below the earth’s crust. Large power plants can capture and use this steam to provide electricity on a fairly large scale. In Iceland, by some estimates, 50% of all energy needs are met through an alternative … Read the rest

Brazilian Ethanol Plants to get $260M Loan

The Financial Times reported today that the board of the Inter-American Development Bank is set to approve a 15 year loan of $250M to three new ethanol plants.  Despite the growing environmental concerns about biofuels this will be the biggest development ever by a multilateral intuition.   The new ethanol project will cost over $1bn and will be built by Santa Elisa Vale Do Rosario, a Brazilian company, and US private equity groups.

"Steady rises in … Read the rest