US Geothermal is an energy company currently engaged in the development of geothermal power plants in Raft River, Idaho, and San Emidio, Nevada. The company uses geothermal energy to produce electricity. The Raft River project was recently awarded a $9 million energy grant from the United States Department of Energy.

Geothermal energy is a prolific source of clean, renewable energy, and the plants that harness it can be run emission-free 24 hours a day. It is for this reason, that it is a rapidly expanding sector of energy, valued as a $1.5 billion industry. Demand for sustainable, environmentally-friendly energy sources is on the rise, as the people everywhere become increasingly conscious of the long-term problems associated with fossil-fuel consumption.

Today, US Geothermal announced that it would be holding a public conference call to discuss its second quarter financial results, which are scheduled for filing on November 10th,