Technology | 2010.02.18
Raser Receives Approval for $32.99 Million U.S. Treasury Grant
PROVO, Utah--(BUSINESS WIRE)--Raser Technologies, Inc. (NYSE: RZ), an energy technology company, announced today that the U.S. Treasury has approved its renewable energy grant application for the Company’s Thermo No. 1 geothermal power plant. The grant is provided by the U.S. Treasury Department under the Section 1603 renewable energy grant program created by the American Recovery and Reinvestment Act of 2009. Raser should receive the funds within five business days. “We are very ple
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