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Polaris Renewable Energy Inc T.PIF

Alternate Symbol(s):  RAMPF

Utilities Utilities - Independent Power Producers
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

Polaris Renewable Energy Inc
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Comment by Gardner555on Sep 04, 2016 2:03pm
179 Views
Post# 25206760

RE:RE:RE:RE:RE:RE:Updated Broker Price Targets

RE:RE:RE:RE:RE:RE:Updated Broker Price TargetsTrelawny,

 There is a parasitic load of about 5MW so all numbers coming off of the website are gross.

Thought...To consider.. agree parasitic load was 5MW at 50MW. Think parasitic load may increase with increased brine to handle?  Suggest same ratio  1MW per increased 10MW, so maybe 6 or 7MW now. Should get increasingly efficient, so maybe 6.5MW on the current 70MW.

Q.. Any idea what the spot market for power is in Nic?

Comment...Sure we all would be thrilled if plant can max out at the 72MW with current wells.  Then Binary decision would be based on a new PPA.. or partial old 72 PPA and new or spot or  ?..  Still think Nicaragua would love to support more reliable geothermal energy-Binary, so would be supportive of decent price, ex like what we have now, for any extra MWs Polaris can produce. Binary project is "better" than drilling more wells.  We are long way from this decision.. as we have not even finished this drilling program.... but I am an optimistic guy.

Gardner

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