Polaris Geothermal Inc. is a renewable energy company currently focused on the development of geothermal energy projects in Latin America.
Polaris is currently developing the initial project on its San Jacinto-Tizate geothermal concession near Leon, Nicaragua, located 90 km due northwest of the capital, Managua. The Company has a controlling interest in the project, which will produce 66 Megawatts (MW) upon completion in 2009. The San Jacinto-Tizate site has 10 MW of production on stream since 2005. Polaris has assembled a world-class team including Sinclair Knight Merz Ltd. (SKM), one of the world's leading geothermal science and engineering companies, to develop the US$183 million project.