Headquartered in Reno, Nevada, Ormat is a world leader in the geothermal power plant sector. The Company has over four decades of experience in the development of state-of-the-art, environmentally sound power solutions.
Ormat is a vertically-integrated company primarily engaged in the geothermal and recovered energy power business. The company designs, develops, builds, owns and operates geothermal and recovered energy-based power plants. The in-depth knowledge gained from these operations gives the Company the competitive edge by enabling efficient maintenance and timely response to operational issues.... More >> |
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07 May 2013 Ormat Technologies Reports 2013 First Quarter Results| RENO, Nevada, May 7, 2013 /PRNewswire/ -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the first quarter of 2013.
(Logo: http://photos.prnewswire.com/prnh/20040422/LATH066LOGO)
Financial highlights & Recent Developments:
Total revenues amounted to $121.7 million; a 8.0% decrease from the first quarter of 2012, mainly due to a reduction in the electricity segment revenues of $9.3 million related to our SO#4 PPAs in California and a net loss of $4.6 m... |
| 02 May 2013 Ormat Technologies Commences Operation Of 36 MW Geothermal Power Plant In Kenya| New Plant Increases Ormat's Total Capacity to over 600MW
RENO, Nev., May 2, 2013 /PRNewswire/ -- Ormat Technologies, Inc. (NYSE: ORA) announced today that it reached commercial operation of Plant 2 in the Olkaria III complex in Naivasha, Kenya, increasing the company's total generating capacity by 36 MW to 611 MW worldwide. Ormat also plans to add an additional 16 MW of generation at Olkaria III by building a third plant, which it expects to complete in 2014. Once Plant 3 is co... |
| 29 April 2013 Ormat Signs 20-Year Power Purchase Agreement for its Wild Rose Geothermal Project in Nevada| RENO, Nev., April 29, 2013 /PRNewswire/ -- Ormat Technologies, Inc.'s (NYSE: ORA) wholly owned subsidiary entered into a 20-year Power Purchase Agreement (PPA) with Southern California Public Power Authority (SCPPA) to deliver electricity from its Wild Rose geothermal power plant in Mineral County, Nevada. When Wild Rose comes online at the end of 2013, it will mark the first time renewable energy will be delivered from Nevada to California using NV Energy's One Nevada Transmission Line.
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| 25 April 2013 Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2013 Earnings Results| Call Will be Webcast Simultaneously
RENO, Nev., April 25, 2013 /PRNewswire/ -- Ormat Technologies, Inc. (NYSE: ORA) plans to announce its first quarter 2013 earnings results in a press release that will be issued on Tuesday, May 7, 2013 after the market close. The Company has scheduled a conference call to discuss the results at 9:00 A.M. EDT on Wednesday, May 8, 2013.
(Logo: http://photos.prnewswire.com/prnh/20040422/LATH066LOGO)
The conference call will be broadcast live as a liste... |
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