Bargains emerging in geothermal power stocks? 4 geothermal energy companies to research

Look for renewable energy mutual funds and clean green power investment funds holding stocks like these and consider dollar-cost averaging into some of them.


Ormat Technologies

Global geothermal power industry leader, the close of Friday, September 19th, 2008 of 43.62, equals a market capitalization of $2 billion, and represents a discount off the year's high of 57.93.


Calpine Corporation

Geothermal power producer is also America's largets producer of CHP Combine Heat and Power electricity generation, with 8,000 of its 24,000 megawatts being CHP installations. Major USA clean power producer seems undervalued relative to other renewable energy stocks. At 14.31 versus a year high of 23.36, a lot of air is out of it now, but the market capitalization of $6 billion plus a P/E of 2 indicates debt concerns are still out there.


More speculative:

Nevada Geothermal Power

At friday's close of 0.76, the stock now represents a market cap of 72mil is down by half from its high of 1.55.

Western Geopower

Developing a 35 megawatt geothermal power plant in northern California, Western Geo may be fine for risk takers looking at exciting penny stocks. The close of 0.225 (down from 0.50) gives the firm a market cap of just over 42 million, and with over 1,000 acres in The Geysers project plus the South Meager (potential 100 megawatts in British Columbia) in development, it may be time for the brave to take a look at this one.

Complete list of geothermal power stocks, publicly-traded geothermal companies

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