Friday, July 13, 2007

SOC Advocates Geothermal Investments


Investment in geothermal energy increased fourfold over the past two years, says a recently released study conducted by CNNMoney. Enhanced technology and better political conditions have dropped the price of geothermal electricity to as low as 4.5 cents per kilowatt hour, thus branding it a serious competitor with coal… and igniting a surge of investments.
If we’re right on this one, geothermal is on the cusp of a big wave of R&D and outside investment.
{Here at the Sound Of cannons Investment Wing, we've advocated geothermal energy plays like Nevada Geothermal, which has nicely returned 40%. Do your homework and read up on this exciting area of investment potential!}

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