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Polaris Renewable Energy Inc T.PIF

Alternate Symbol(s):  RAMPF

Polaris Renewable Energy Inc. is engaged in the acquisition, development and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) geothermal facility in Nicaragua, three run-of-river hydroelectric facilities in Peru, with a combined capacity of approximately 33 MW, a 25 MW solar plant facility in Dominican Republic, a six MW run-of-river hydroelectric facility in Ecuador and a 10 MW solar plant in Panama. Through its subsidiary, Emerald Solar Energy SRL, it operates the Canoa I Solar Park located in the Barahona Province, Dominican Republic. Its San Jacinto-Tizate Geothermal plant is located in northwestern Nicaragua, in the sire of San Jacinto, municipality of Telica, 20 kilometers from the city of Leon. Its Vista Hermosa Solar Parks are located in the village of Vista Hermosa, Corregimiento de Pueblos Unidos, Aguadulce district, Cocle Province. Through its subsidiary Generacion Andina SAC, it owns 8 de Agosto, a Run of River hydroelectric operation.


TSX:PIF - Post by User

Comment by greenandgoldon Feb 08, 2011 5:00pm
288 Views
Post# 18096992

RE: very good green and gold All-In Project Costs

RE: very good green and gold All-In Project CostsThanks.

It's ironic: Polaris and SKM did a great job of developing the resources and drilling great wells. The last two SJT Phase 1 wells were certified at 16MW and 22. 8MW! We sure need one of those steamers now. But after years they couldn't get a real big power plant built. 

Ram and GeothermX are doing a horrible job of drilling (and with shareholder communication) but they're flush with cash so I think a power plant will be delivered. At this point that's the most important thing. I think there's only two possible outcomes in the next 2 years:
 
1) Get SJT I and II producing and stock price will double or triple from this point 

2) Fail with SJT I and II and declare bankruptcy (or get taken over for pennies).  
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