Geothermal Industry Seeing New Investments

December 10, 2009 by
Filed under: Green Power 



In October of 2008, Alexander Richter wasn’t sure he would have a job when he returned home to Iceland from a geothermal conference in Nevada. As director of global geothermal development at Glitnir Bank — one of Iceland’s three main banks that was nationalized that month — he was staring into a bleak and uncertain future. And so was the rest of the geothermal industry.

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