Nevada Geothermal Power Inc.
TSX VENTURE : NGP
OTC Bulletin Board : NGLPF

Nevada Geothermal Power Inc.

February 21, 2008 15:02 ET

CCM Liquidity Report: Nevada Geothermal Power, Inc. (NGP: TSX-V)

TORONTO, ONTARIO--(Marketwire - Feb. 21, 2008) - Nevada Geothermal Power, Inc. (TSX VENTURE:NGP) -



--------------------------------------------------------------------------
--------------------------------------------------------------------------
CRITERIA 6-Dec-07 20-Feb-08 RESULTS
--------------------------------------------------------------------------
--------------------------------------------------------------------------
50 DAY AVG. VOLUME 232,200 157,700 -32%
--------------------------------------------------------------------------
50 DAY AVG. VALUE $ 264,708.00 $ 181,355.00 -31%
--------------------------------------------------------------------------
50 DAY AVG. DAILY TRADES 64 49 -23%
--------------------------------------------------------------------------
50 DAY AVG. DAILY TRADE VALUE $ 4,136.00 $ 3,701.00 -11%
--------------------------------------------------------------------------
--------------------------------------------------------------------------


In the most recent Fundamental Equity Report dated February 8, 2008, the analyst stated:

"Geothermal electricity producers like NGP will be the major beneficiaries of the strong U.S. electricity prices; simply because they do not bear the high cost of fossil fuels while they enjoy the buoyant electricity prices determined by market forces. For this reason we think, once getting into the production stage, NGP's income statement will be showing a growing gross and net margin and thus growing profitability in the future."

"NGP has US$100 million loan facility to fund construction of the Faulkner 1 power plant which is expected to come online at the end of 2009. And, it has already signed a 20-year Power Purchase Agreement with Nevada Power Company to provide 31.25 MW (net) of base load electricity through Faulkner 1 power plant at 6-7 cents per kilowatt hour plus PTC (Production Tax Credit) if extended."

In the most recent Technical Research Report dated January 14, 2008 the analyst stated:

"The weekly cycle is technically positive / overbought. As long as weakness holds the 5- week modified moving average at 1.243, look for strength to new 52- week highs."

"Strength is approaching my semiannual resistance at 1.400. As long as weakness holds monthly support / annual pivot at 1.180 / 1.130, look for strength back to semiannual resistance at 1.400."

Reports on Nevada Geothermal Power can be found at: www.ccmopportunitybase.com/company.asp?company=107

CCM Research is a division of Cronus Capital Markets, Inc. Cronus Capital Markets, Inc., through its CCM Consulting division, entered into a one year $42,500.00 contract with the Company to assist it with the creation and execution of information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies; such as share illiquidity and stagnant market capitalization.

Cronus Capital Markets (CCM) is a global investment information firm who strategically produces and introduces, through various forms of analytics and worldwide distribution, information on equity market opportunities. CCM's equity indexes receive international attention and represent important new benchmarks of growth.

The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.

Contact Information