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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 kutraon Feb 19, 2013 1:37pm
136 Views
Post# 21011026

RE: RE: RE: Salton Sea Geothermal

RE: RE: RE: Salton Sea Geothermal

Hi Terry,

I never made (or inteded to make) the point that Orita was not part of the Salton Sea KGRA (though technically it is not). My point was that Orita was not and SGP holding. I believe Orita was brought into Ram by Hezy in his original private company. 

There is no debate as to what is and what is not in a KGRA. It was a BLM admisistrative distiction for leaseing rules. I say was because it no longer applies in the current compitive rules. 

 

The Salton Sea geothermal area generally refers to the whole area shaded area in the above map. The Salton Sea KGRA is a much smaller area. Each of the KGRAs has its own charateriscs. Ormat's sand problems are in the N Brawley plant. Orita is in the SE of the Brawley KGRA. SGP Salton Sea land is off the map to the N of the Salton Sea KGRA 

With regards to the 500MW holding, you are misreading the slide.The 500MW is SGP's estimated cumlative production with the Salton Sea project providing 50MW. 

Hope this helps.

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