Bioenergy, Geothermal, Hydropower

Tribe to Develop Geothermal Resources

The Pyramid Lake Paiute Tribe and Advanced Thermal Systems, Inc. (ATS), a geothermal energy company, are creating a joint venture to develop the geothermal resources on the Tribe’s reservation north of Reno.

Reno, Nevada – November 12, 2002 [SolarAccess.com] “We are looking forward to working with Advanced Thermal Systems to develop the geothermal resources on the reservation in a manner that is environmentally benign as well as beneficial to the Tribe,” said Alan Mandell, Chairman of the Pyramid Lake Paiute Tribe. According to the agreement, ATS will initially perform a series of pre-development studies to determine the feasibility of constructing geothermal power facilities and associated ancillary businesses. Concurrently, the Tribe and ATS will create a joint venture that will ultimately develop non-polluting, renewable geothermal power generation facilities on the reservation that utilize the breakthrough Kalina Cycle technology for electric power generation. “Not only will the project create a source of stable revenue for the Tribe, but the ancillary businesses such as aquaculture and hydroponics will spur economic development by creating business opportunities and jobs for tribal members,” said Shuman Moore, ATS president. The principals of ATS, through affiliated companies, have developed, owned and operated geothermal power plants since 1986. These companies have been innovators in the geothermal industry in advancing power plant and geothermal field production technology. Preliminary geological and geophysical studies will commence immediately with hopes to begin construction in late 2003.