Polaris Geothermal Inc. is a publicly traded, renewable energy company currently developing the San Jacinto Tizate (SJT) geothermal resource in Nicaragua. Polaris is focused on the development of geothermal energy which provides a clean, renewable, indigenous source of electrical power generation. Geothermal energy is more than just a clean source of power; it is base load, so it provides constant power generation: 24/7, 365 days a year. Online with 10 MW at the SJT plant, Polaris is on schedule to realize its Q1 2011 target of 72 MW of output. Newly tested production wells SJ9-1 and SJ6-2 have produced excellent test results with steam and pressure characteristics sufficient to produce an estimated 16.1 MW and 22.8 MW respectively. Polaris was registered with the United Nations Framework Convention on Climate Change (UNFCCC) in 2006 and has already sold and delivered 100,000 tonnes of certified emission reductions (CERs), also known as carbon credits.   Polaris Announes Change in Directors Jun 19, 2009 Polaris Announes Election of New Directors at Annual General Meeting Jun 16, 2009 Polaris Successfully Completes US$10,000,000 Private Placement of Units May 4, 2009     Base load energy requires a source that can generate power constantly. Geothermal energy is the sustainable harnessing of hot water and steam trapped well below ground. This clean, reliable source of energy is even more efficient than hydro and coal. More... Daniel Ortega has continued to prove that Nicaragua safeguards its Foreign Investment Law - which allows 100% foreign ownership and patriation of profits in all sectors of the economy. Polaris has confidence in the country's developing business climate. More... Polaris’ Nicaraguan assets are two of the largest geothermal reservoirs in the world. As net output climbs towards 72, 203 and 340 MW, revenues from the sale of power and carbon credits will grow 100-fold. We're happy to report: Clean is Profitable Now. More... Only 50% of Nicaragua has electricity, rolling blackouts 4-8 hours a day create drag on local businesses, and the country's balance of payments shows the strain of dependence on imported oil. The timing for clean, local, affordable energy couldn't be better. More... Sinclear Knight Merz (SKM) and Polaris have a formal alliance aimed at identifying opportunities and strategic acquisitions worldwide. SKM provides Polaris with expert geo-scientific, engineering & project management consulting. More... The September 2007 agreement with Exorka International grants Polaris license to integrate their Kalina Cycle into Polaris’ operations. The Kalina Cycle harnesses low-heat geothermal sources, poentally boosting our power generation capability by 25%. More...