Tag Archives: raft river

US Geothermal (HTM): Insider Buying, Bullish Chart

I’ve been going through some green stock charts and came across US Geothermal (HTM), a speculative geothermal play with no profits yet but promising in the geothermal energy space considering the US is expected to double geothermal capacity within 5 years.  On Oct 14th, the company won a DOE grant for its Raft River project in Idaho, which prompted the CEO, COO and CFO to buy shares in the company just a few days later.  … 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