GEOTHERMAL’S BEST BETS
Are There Stocks to Watch in Geothermal Energy? Geothermal power has the potential to power the U.S. for 130,000 years but with wind and solar power prices falling so quickly should investors even bother with geothermal stocks?
Adam Galas, July 8, 2015 (Motley Fool)
"Mounting global concerns about climate change have made the development of renewable and clean energy a major priority…One largely ignored source of near limitless, carbon free energy is geothermal power…[but] investing in this sector can be rather challenging…[because] with or without government subsidies, geothermal is at a substantial cost disadvantage to utility scale solar and wind energy -- meaning that only its ability to generate base load power works in its favor...[Most companies involved with geothermal power are so well diversified that geothermal makes up just a token amount of their business, or they're highly speculative penny stocks that most investors should steer clear of…[T]here is one company that represents a large enough pure play in geothermal energy that it might be worth keeping on your investing radar…[Ormat Technologies] has 50 years of experience designing, operating, and building geothermal projects around the world…Over the past eight years the company has posted 11% annual sales growth and managed to outperform the S&P 500…” click here for more
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