Tag Archives: idaho

Hoku Scientific (HOKU) Retains Deutsche Bank For Possible Sale Of Company

One month ago we first reported on Hoku’s financing concerns for the Idaho plant which sent the stock plunging 30%.  Hoku Scientific (HOKU) is taking another nose dive today (down 15%) after it reported that its financial troubles have forced the company to slow construction on its Idaho polysilicon plant while it looks for investors and/or a possible sale of the company.  By all indications, it appears this is a company that will soon … Read the rest

US Geothermal (HTM) Raft River Site Wins DOE Grant

The US Department of Energy has chosen US Geothermal’s (HTM) Raft River site in Idaho as one of 21 projects to demonstrate the viability of Enhanced Geothermal Systems (EGS) and will provide up to $6 million to fund the research.  The program is designed to perform a monitored thermal stimulation of an existing injection well to improve permeability within the geologic horizon that hosts the Raft River geothermal reservoir.

“We believe this EGS project will … Read the rest