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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 Gardner555on Jun 18, 2014 10:04pm
192 Views
Post# 22673604

RE:RE:NIC site has been down???

RE:RE:NIC site has been down???We are getting close to end of 19 day maintenance period.  Tomorrow should be day 19 (on the 19th, convenient) with full operations restarting on the 20th??

In looking at output over past 19 days.. I did not make any xls sheets.. but seems like PEN 4 plant did around 37MW gross with occasional hours (2 to 4)  or periods (maybe 7 or so)  of PEN 3 operating at 10 to 20MW. Perhaps just testing of equipment but the extra MW should help the revenue side.

Any speculation as to output once plant restarts???
Will plant pick up any of the 2MW that were mentioned as possible improvements?
Will Cos's statements of well 12-2 with sinker bar test amount to anything?

I have believed that 9-3 needed more time to "heat up" .. so I will guess we get another 1MW out of the plant.

Either the stock is cheap at this .03 canadian, which is only .027 US,
Or it is going to be a rough ride.. 

Last CC said PR around end of June.. Good luck to all.
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