Neo-Geothermal

Geothermal companies are about to become the next big thing and there is a good reason for that. The geothermal energy segment is becoming really lucrative for investments, so if you are an investor, you might want to consider buying geothermal stock, because the shares are expected to rise. Some of you would say that this is a pretty bold prediction, but if you do a research on that, you will see what I mean.

For example, Ormat Technologies has delivered a more than 150% gain, between January and September of 2006. As stated on their official website, http://www.ormat.com/, Ormat Technologies, Inc, (NYSE: "ORA") is a leading vertically integrated company dedicated to providing solutions for geothermal power, recovered energy generation (REG) and remote power. The Company designs, develops, builds, owns and operates geothermal and recovered energy-based power plants. Additionally, the Company designs, manufactures and sells geothermal and recovered energy power units and other power generating equipment, and provides related services. Ormat products and systems are covered by more than 70 patents. Ormat's geothermal power plants are a field-proven, mature commercial product operating worldwide, designed for outdoor installation and remote control unattended operation. Ormat has successfully supplied more than 800 MW of geothermal power plants, based on its proprietary technology, logging millions of hours of operating experience.

Magma Power Company is one of the largest geothermal companies in California. Magma Power Company searches for, develops, and sells or leases geothermal resources used to generate electric power. Magma Power is not the other California geothermal companies, because it's a pioneer in its field and almost solely responsible for creating the geothermal industry in USA. It was the first of all geothermal energy companies to start drilling for naturally produced steam way back in the mid-1950s. It's not only developing geothermal resources, but it also constructs and operates geothermal electric power plants.

Vulcan is also amongst the top geothermal power companies. It's privately owned, headquartered in Bend, Oregon and founded in 1991. The main focus of Vulcan is the development and operation of clean, renewable, non-stop baseload geothermal power plants. A 2007 third-party report estimated that Vulcan properties can supply electricity for up to 2 million Americans. The official company website is http://www.vulcanpower.com/.

Enel is one of the Italian geothermal electric companies and as you probably know, Italy is the country where geothermal energy was first utilized. Enel's substantial geothermal expertise in Italy is now being exported to North America where Enel North America is combining it with local knowledge to build a strong geothermal program. In early 2007, Enel NA acquired the rights to develop and operate four geothermal projects totaling approximately 150 MW, located in Utah, California, and Nevada. The official website of Enel is http://www.enel.it/.

Econar and Borel Geothermal are one of the most popular geothermal heat pump manufactures. Delaware is one of the China lake geothermal companies.