SOURCE: SECFilings.com

August 22, 2016 08:30 ET

SECFilings.com: U.S. Geothermal Earnings Call Confirms Strong Growth Underway

REDONDO BEACH, CA--(Marketwired - Aug 22, 2016) - SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, recently published an article discussing U.S. Geothermal's (NYSE MKT: HTM) 15th consecutive profitable quarter and the company's aggressive growth plan as renewable energy sources provide a growing share of the United States' power.

Renewable Portfolio Standards have been implemented in several States to reduce energy produced from traditional fossil fuel energy plants that are known to emit excessive carbon into the atmosphere. Renewable Portfolio Standards require increased production of energy from renewable energy sources, such as wind, solar, and geothermal.

California recently passed a law that requires 50% renewable energy by 2030. Oregon's new law mandates no coal by 2030, and 50% renewable energy by 2040. Goldman Sachs Group sees renewable energy replacing fossil fuels. The investment bank's analysts expect the greatest market dislocations to occur between 2015 and 2025.

To read the full article, please click here: http://analysis.secfilings.com/articles/57-u-s-geothermal-earnings-call-confirms-strong-growth-underway

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