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San Jacinto Tizate I & II - Nicaragua
Orita - California
Clayton Valley - Nevada
Geysers - California
Project Overview
San Jacinto Tizate I & II - Nicaragua
Orita - California
Clayton Valley - Nevada
Geysers - California
Region
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Orita - California
Project Description
3x 50 to 100MW power plants in development in the Imperial Valley of Southern California
20 year PPA with a major California utility-10 year renewal options
Potential for US ITC Cash Grant
Eligibility for DOE Loan Guarantee Program and drilling grants
Access to Imperial Irrigation District power grid
Project Location
Imperial Valley geothermal systems occur in the Salton Trough
Region has total potential geothermal capacity of 22,000MW
Ram Power Imperial Valley Development
Imperial Valley Well Success & Well Life
Heber
65 Commercial Wells, no dry holes
1 well lost during drilling
East Mesa
94 Commercial Wells
6 wells abandoned for various mechanical issues
Salton Sea (post 1988)
48 Commercial wells, one dry hole
3 wells abandoned for various mechanical issues
Conclusion:
With quality well construction, 95% of wells are successful and remain as useful assets in excess of 20 year useful life.
Project Updates - Imperial Valley
ORITA 1
Reno, Nevada, July 21, 2009
— Ram Power, Inc. announced that it has signed an agreement with Southern California Edison Company for the supply of up to 300 megawatts of clean, geothermal power.
Reno, Nevada, December 23, 2009
- Ram power, corp. Announces Orita project conditional use permit (CUP).
Geologic & Geophysical Studies
– Geologic Modeling, Gravity, Magneto-telluric and seismic nearing completion
Drilling
– Production well drilling began in April 2010
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