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Friday, January 31, 2014
Finance:
8 Wonders Of The Renewable World - Geothermal Energy (Seeking Alpha)
Geothermal power plants convert thermal energy in the Earth's crust to electrical energy for consumers. Currently, the United States is the world's leading producer of geothermal energy with 29% of global production. The major players in the geothermal space are Calpine Corporation (CPN), LSB Industries (LXU), Ormat Technologies (ORA), Ormat Industries (traded on the Tel Aviv Stock Exchange as ORMT), and Waterfurnace Renewable Energy (traded on Toronto Stock Exchange as WFI). The best investment in the group is an easy choice, LSB Industries. As the world's largest producer of geothermal heat pumps, LSB has a market cap of 809 million dollars.
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