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	<title>Stock Blog Hub &#187; Raser Technologies Inc.</title>
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		<title>(RZ) Raser Technologies Gains Control of Power Plant</title>
		<link>http://www.stockbloghub.com/2009/12/08/rz-raser-technologies-gains-control-of-power-plant/22308</link>
		<comments>http://www.stockbloghub.com/2009/12/08/rz-raser-technologies-gains-control-of-power-plant/22308#comments</comments>
		<pubDate>Wed, 09 Dec 2009 03:33:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Electrical Equipment]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Raser Technologies Inc.]]></category>
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		<description><![CDATA[Raser Technologies Inc. (RZ) amended its Thermo No. 1 geothermal power plant project’s financing arrangements with the senior project debt holders and the project tax-equity partner. Having faced financial constraints for the project, the company had roped in Merrill Lynch as the tax-equity partner and Prudential, the debt holder. Under the new agreement, Raser will be the sole owner of the Thermo No. 1 project and future financing commitments from Merrill Lynch have been cancelled. Raser now plans to finance the approximately $33 million needed for completion of the project through a U.S. Treasury grant applicable to renewable energy projects under the American Recovery and Reinvestment Act of 2009. The Treasury Department is required to pay the grant proceeds within 60 days of the application being deemed complete. Also through ]]></description>
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		<title>(RZ) Raser Technologies&#8217; Loss Narrows</title>
		<link>http://www.stockbloghub.com/2009/11/11/rz-raser-technologies-loss-narrows/20289</link>
		<comments>http://www.stockbloghub.com/2009/11/11/rz-raser-technologies-loss-narrows/20289#comments</comments>
		<pubDate>Wed, 11 Nov 2009 21:22:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Electrical Equipment]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Raser Technologies Inc.]]></category>
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		<description><![CDATA[Raser Technologies Inc. (RZ) reported a loss per share of 5 cents, less than the Zacks Consensus loss per share estimate of 13 cents in the third quarter of fiscal 2009. Also, net loss of 5 cents per share is less than half compared to the year-ago loss of 13 cents per share. The improvement in earnings came despite shares outstanding increasing to 74.9 million in the reported quarter from 57.8 million in the year-ago quarter. The revenue front, the company reported revenue totaling $0.8 million as compared to $0.03 million during the year-ago quarter. The improvement was due to the initiation of a revenue stream from selling electricity generated by its geothermal power plant to the city of Anaheim. During the reported quarter, the company generated and sold approximately ]]></description>
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		<title>(RZ) Raser Technologies&#8217; Steady Progress</title>
		<link>http://www.stockbloghub.com/2009/10/08/rz-raser-technologiess-steady-progress/17184</link>
		<comments>http://www.stockbloghub.com/2009/10/08/rz-raser-technologiess-steady-progress/17184#comments</comments>
		<pubDate>Thu, 08 Oct 2009 20:10:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Electrical Equipment]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Raser Technologies Inc.]]></category>
		<category><![CDATA[RZ]]></category>

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		<description><![CDATA[Raser Technologies Inc. (RZ) yesterday provided an update on its geothermal activities and its PHEV project. The company is gradually transiting from a developmental stage company towards a geothermal power producer. Raser is progressing rapidly on the Lightning Dock No. 1 geothermal project. Recently it bagged final approval from the New Mexico Oil Conservation Division (OCD) for injection of geothermal fluids. The company is also in the process of negotiating a revision to its power purchase agreement [PPA] with the Salt River Project Agricultural Improvement and Power District. The revision is expected to include an increase in the expected output from the Lightning Dock project as well as an increase in the price of energy under the PPA. Raser is now in the final stages of testing the fifth production ]]></description>
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		<title>(RZ) Raser Technologies Transitions to Geothermal</title>
		<link>http://www.stockbloghub.com/2009/10/03/rz-raser-technologies-transitions-to-geothermal/16531</link>
		<comments>http://www.stockbloghub.com/2009/10/03/rz-raser-technologies-transitions-to-geothermal/16531#comments</comments>
		<pubDate>Sat, 03 Oct 2009 22:35:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Industrial Electrical Equipment]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[Raser Technologies Inc.]]></category>
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		<description><![CDATA[Raser Technologies Inc. (RZ) is gradually transiting from a developmental stage company towards a geothermal power producer. As of now, only its first geothermal plant Thermo No. 1 Plant (Hatch Plant in Utah) with an annualized capacity of 10MW is generating revenues by selling electricity to the city of Anaheim since April 2009. The company plans to add 40MW annually to its capacity over the three year period 2010 – 2012 to bring its total geothermal power generation annualized capacity to 130MW. Raser Technologies, however, is facing financial constraints. Earlier this month, Raser’s loan guarantee application was denied by the Department of Energy (DOE). If approved, DOE would have provided 80% of the approximately $190 million project cost for Raser’s 42MW – East Thermo geothermal project. The company’s hopes now ]]></description>
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