Thursday, October 19, 2017

USA, California: Surprise Valley Hot Springs Geothermal Power Plant to be Installed Next Month

PwrCor, Inc. Closes Private Placement (News Release)

(Courtesy Surprise Valley Hot Springs Resort)
PwrCor, Inc., a cleantech energy technology company launching advanced and disruptive solutions for the Waste Heat to Energy, Geothermal, and Solar Thermal markets, today announced that it has completed the sale of $665,000 of units of the company's securities providing working capital for key company initiatives including a geothermal power plant in Northern California.

"We have successfully passed an important business plan milestone," said Tom Telegades, Chief Executive Officer of PwrCor, Inc. "The capital we raised will allow us to complete PwrCor's first geothermal installation at the Surprise Valley Hot Springs Resort sponsored by the California Energy Commission. The engine has been built to specifications and is currently undergoing testing; customer installation is scheduled in November."

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