Nevada Geothermal Power Inc. (TSX VENTURE:NGP)(OTCBB:NGLPF) -

---------------------------------------------
---------------------------------------------
CRITERIA                            21-May-08
---------------------------------------------
---------------------------------------------
MKT CAP (millions)               $       81.4
---------------------------------------------
50 DAY AVG. VOLUME                     94,800
---------------------------------------------
50 DAY AVG. VALUE                $ 103,332.00
---------------------------------------------
50 DAY AVG. DAILY TRADES                   41
---------------------------------------------
50 DAY AVG. DAILY TRADE VALUE    $   2,520.00
---------------------------------------------
% OF FLOAT TRADED                        0.12%
---------------------------------------------
---------------------------------------------

In the most recent Technical Research Report, dated May 12, 2008, the analyst stated:

"Nevada Geothermal Power Inc. (NGP) is currently trading under the key 5- week modified moving average at 1.073..."

"My model shows weekly support at 1.002 with my annual pivot at 1.130 and quarterly / monthly resistances at 1.398 / 1.482."

"The 50- week moving average provides nearest support at 1.010 with the 21- week moving average at 1.100."

In the most recent Fundamental Equity Report, dated February 8, 2008, the analyst stated:

"Geothermal electricity producers like NGP will be the major beneficiaries of the strong U.S. electricity prices; simply because they do not bear the high cost of fossil fuels while they enjoy the buoyant electricity prices determined by market forces. For this reason we think, once getting into the production stage, NGP's income statement will be showing a growing gross and net margin and thus growing profitability in the future."

"NGP has US$100 million loan facility to fund construction of the Faulkner 1 power plant which is expected to come online at the end of 2009. And, it has already signed a 20-year Power Purchase Agreement with Nevada Power Company to provide 31.25 MW (net) of base load electricity through Faulkner 1 power plant at 6-7 cents per kilowatt hour plus PTC (Production Tax Credit) if extended."

The Liquidity Report can be found at:

http://www.baystreet.ca/articles/res...

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 capitalization.

Cronus Capital Markets(R) (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.

CRONUS CAPITAL MARKETS, INC. IS THE SOLE SOURCE OF THIS PRESS RELEASE

SOURCE: Nevada Geothermal Power Inc.

Cronus Capital Markets Peter Soni Chief Information Officer (416) 368-3700 ext 225 Email: [email protected]