Tag Archives: idaho power

US Geothermal (HTM) Gets 25MW Geothermal PPA With Idacorp (IDA)

U.S. Geothermal (HTM) announced this morning that its subsidiary USG Oregon LLC has signed a 25 year power purchase agreement (“PPA”) with Idaho Power, a subsidiary of Idacorp (IDA) for the sale of up to 25MW from their Neal Hot Springs project in Oregon.   Surprisingly, the stock didn’t move at all on the news, but it could very well move once the PPA is approved by the Idaho Public Utilities Commission in the … Read the rest

US Geothermal (HTM) Announces Connection Agreement For Neal Hot Springs

US Geothermal (HTM) has announced an agreement with the Idaho Power Company to design and build a 10 mile, 36MW transmission line and substation from the Neal Hot Springs geothermal site to IPC’s transmission grid which is expected to begin transmitting power in about 2 years.  IPC will be responsible for the design, engineering and construction.

“This agreement is a critical milestone in the development of our project at Neal Hot Springs,” said Daniel Kunz, … Read the rest

Hoku Materials (HOKU) Secures Power for Polysilicon Production

Hoku Materials, a subsidiary of Hoku Scientific (HOKU) announced the signing of an electric service agreement with Idaho Power Co. for the purchase of electricity to power Hoku’s planned polysilicon production capacity of about 4000 metric tons/year.

“We are pleased to have finalized these agreements,” said Dustin Shindo, chairman and chief executive officer of Hoku Scientific. “The cost of electricity is the largest single component of polysilicon production costs for a Siemens-based process such … Read the rest