Nevada Geothermal Power Inc. is a renewable energy company developing geothermal projects in the United States to provide electrical energy that is clean, efficient and sustainable. NGP currently owns 100% leasehold interest in four properties: Blue Mountain, Pumpernickel, Black Warrior, all located in Nevada and Crump Geyser in Oregon. These properties are at different levels of exploration and development. NGP estimates a potential of approximately 150 MW to over 200 MW from the current leaseholds enough power for 200,000 homes.

In the report the analyst states:

"Nevada Geothermal Power Inc. (NGP) is currently trading above the key 5- week modified moving average at 1.087 and weekly sentiment is currently rising."

"My model shows quarterly support at 0.937 with a weekly pivot at 1.113 and monthly resistance at 1.252."

"The 50- week and 200- week moving average provide additional supports at 0.983 and 0.822."

A free copy of the report can be found at:

http://www.baystreet.ca/articles/research_reports/ccm_research/NGP_TechReport_April92008.pdf

CCM Research is a division of Cronus Capital Markets, Inc. Cronus Capital Markets, Inc., through its CCM Corporate Advisory division, entered into a one year $42,500.00 contract with the Company to assist it with the creation and execution of information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies, including: share illiquidity, lack of credibility, and stagnant market capitalizations.

Cronus Capital Markets® (CCM) is a leading capital market services firm providing services to investors, institutions, exchanges, and public companies. CCM's equity research, indexes, and ETFs receive international attention and represent important new sectors of growth.

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