Are there any Geothermal Stocks or Mutual Funds available for investments?
Geothermal Energy or Geothermal Power has emerged as one of the front runners as the alternative to the fossil fuels. Hence, investors may like to benefit from the capital gains they can make from this sector. There are multiple companies and stocks which are directly or indirectly going to benefit from the increase in the usage of Geothermal Energy or Geothermal Power. They cover companies which amke Geothermal Energy or Geothermal Power heat Pumps, or companies which are involved in trading of Geothermal Energy or Geothermal Power, or companies which make equipments for Geothermal Energy or Geothermal Power processing, or companies which owns or operate the Geothermal Energy or Geothermal Power Plants. We have covered a list of such companies and mutual funds in this article.
Calpine Corporation (CPN): Has 19 Power generation plant and operates them on own, build and operarte basis.
Constellation Energy Group (CEG): offers a lot of variety as it uses nucler energy, geothermal, hydro, natural gas, etc. to produce and sell electricity.
IdaCorp, Inc (IDA): involved in the generation, transmission, distribution, and sale of electric energy. Offers variety as hydroelectric, natural gas, diesel, coal, and geothermal plants.
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Nevada Geothermal Power (NGLPF): An explorer and developer for Geothermal Energy and Projects.
Ormat Technologies Inc (ORA): This company works on owns and operate basis. Has international exposure as it sells electricty to Guatemala, Kenya, Nicaragua, and the Philippines along with the USA.
PG&E Corp (PCG): Primarily a gas utility company, offers diversification in the form of electricty being generated from natural gas, nuclear, hydro, coal, geothermal, wind, and several other types of renewable sources.
Polaris Geothermal (PGTHF): Primarily a developer of altenate energy and has presence in Latin American region.
Raser Technologies (RZ): Mainly an equipment company, builds high performance electric motor and is working on controller technology.
Sierra Geothermal Power Corp (SRAGF): developer of renewable power from geothermal sources.
U.S. Geothermal Inc (GTH): developer of renewable power from geothermal energy power plants.
Western GeoPower Corp (WGP):developer of renewable power from geothermal projects