Geothermal news briefs from around the Americas.
*Canada: Estevan Resource Study Estimated at $2.2 Million
*Peru: Hot Rock Completes Sale of Peru Project Stake
In western Canada, near Estevan and the border of North Dakota, a $2.2 million Front End Engineering Design Study will determine the viability of a geothermal power plant. Local news states that a facility could potentially be operational within two years if all goes well.
Hot Rock Ltd. of Australia has now received the full $3 million for its stake in the Quellaapacheta geothermal project in Peru, which the company sold to venture partner Energy Development Corporation.