Ormat Technologies Secures $20 Million Contract for its Product Segment Backlog
13th Geothermal Plant in New Zealand using Ormat’s Technology
Reno, Nevada, May 12, 2011 – Ormat Technologies, Inc. (NYSE: ORA) today announced that its subsidiary entered into a supply contract with Norske Skog Tasman Limited of New Zealand (“Norske Skog”) to supply a new geothermal power...
Ormat Technologies Provides an Update on DOE Loan Guarantee Application
Reno, Nevada, May 12, 2011 – The Company has received several inquiries from the press and industry analysts regarding its pending application for a DOE loan guarantee under section 1705 in respect of a financing for the Company's Jersey...
Ormat Technologies Reports First Quarter 2011 Results
Total revenues - $97.8 million
RENO, Nevada, May 4, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the first quarter of 2011. Quarterly highlights: • An 18% increase in total revenues year-over-year; • A 14% increase in electricity...
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2011 Earnings Results
Call Will be Webcast Simultaneously
RENO, Nevada, April 14, 2011 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its first quarter 2011 earnings results in a press release that will be issued on Wednesday, May 4, 2011 after the market close. The Company has scheduled a...
Ormat Signed 20-Year Power Purchase Agreement for 36MW expansion of Olkaria III Complex in Kenya
RENO, Nevada, April 4, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) announced today that its subsidiary, OrPower 4, Inc., signed a 20-year power purchase agreement (PPA) amendment with Kenya Power and Lighting Company Limited (KPLC) to purchase an...
Ormat Signs Power Purchase Agreement with NV Energy
Under 20-Year Agreement, Northern Nevada Geothermal Power Plant to Supply 30MW
RENO, Nevada, March 15, 2011 – Ormat Technologies, Inc. (NYSE: ORA) announced today that it signed a 20-year power purchase agreement (PPA) with NV Energy to purchase 30 MW of clean, renewable energy generated from the Dixie Meadows geothermal...
Ormat Technologies Reports 2010 Year End and Fourth Quarter 2010 Results
RENO, Nevada, February 22, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) announced today the financial results for the fourth quarter and full year ended December 31, 2010. The highlights for the year and recent development: • 15.5 percent...
Puna Geothermal Venture and HELCO sign agreement to deliver additional 8 MW of dispatchable geothermal power
Hilo, Hawaii, February 10, 2011– Hawaii Electric Light Company, Inc. (HELCO) and Ormat Technologies, Inc. (NYSE:ORA) today announced the signing of a Power Purchase Agreement (PPA) to add more renewable energy, with pricing independent of oil...
Ormat Announces Refinancing of $24.9 million in Tax Equity Transaction for OPC Power Plants
RENO, Nevada, February 7, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) announced today that its subsidiary, Ormat Nevada Inc. (“Ormat Nevada”) has completed $24.9 million tax equity transaction with JPM Capital Corporation (“JPM...
Ormat Technologies Inc. Issues $88 Million Aggregate Principal Amount of Additional Senior Unsecured Bonds in Regulation S Offering
Reno, Nevada, February 2, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that it entered into an Addendum to the Deed of Trust dated August 3, 2010, governing the issuance of, and accepted subscriptions for, an additional $88...
Ormat Technologies, Inc. Provides Operational Update on North Brawley Power Plant
Reno, Nevada, February 1, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) today announced that sustainable output from the North Brawley power plant has increased from 25 MW to more than 30 MW as a result of expanded injection capacity that was...
Ormat Technologies Brings the Only Geothermal Power Plant Online in the U.S in 2010
15 MW Jersey Valley Plant in Northern Nevada is commissioned
Reno, Nevada, February 1, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) was successful in bringing its 15 MW Jersey Valley geothermal power plant online. Jersey Valley was the only utility-scale geothermal plant completed in the U.S. this past year,...
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-end 2010 Earnings Results
Call Will be Webcast Simultaneously
RENO, Nevada, January 31, 2011 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its fourth quarter and year-end 2010 earnings results in a press release that will be issued on Tuesday, February 22, 2011 after the market close. The Company...
Ormat Retracts DOE Loan Guarantee Application for Three Geothermal Projects in California and Nevada
RENO, Nevada, December 27, 2010 - Ormat Technologies, Inc. (NYSE: ORA) announced today that its subsidiary, Ormat Nevada Inc. (“Ormat”), decided not to proceed with the Part II of the DOE loan guarantee program application for Wister, CD...
Ormat Completes Granting Process for San Pablo II and Submits Bids for Additional Exploration Concessions in Chile
RENO, Nevada, December 14, 2010 - Ormat Technologies, Inc. (NYSE: ORA) announced today that its subsidiary, Ormat Andina Energia Ltda., completed the official granting process for the 26,000 acre San Pablo II geothermal exploration concession in...
Ormat Appoints John Hancock Lender Applicant for a New DOE Loan Guarantee Application For Up to $330 Million in Financing
RENO, Nevada, December 6, 2010 - Ormat Technologies, Inc. (NYSE: ORA) announced today that its subsidiary, Ormat Nevada Inc. (“Ormat Nevada”) has engaged John Hancock Life Insurance Company (U.S.A.) (“John Hancock”) to...
Ormat Technologies Reports Third Quarter 2010 Results
 RENO, Nevada, November 2, 2010 - Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the third quarter 2010. Quarterly Highlights: • A 23% increase in Electricity Segment revenues;• Net income of $32...
Nevada Geothermal Power Inc. and Ormat Nevada Inc. to Develop the Crump Geyser Geothermal Area, Lake County Oregon
Vancouver, B.C., November 1, 2010, Nevada Geothermal Power Inc. (TSX.V: NGP, OTCBB: NGLPF) and Ormat Nevada Inc., a wholly-owned subsidiary of Ormat Technologies Inc. (NYSE-ORA) are pleased to announce that they have signed a letter agreement under...
Ormat Technologies, Inc. Updates Ashalim Solar Thermal Tender
RENO, Nevada, October 21, 2010 – Ormat Technologies, Inc. (NYSE:ORA), announced today that following the announcement of September 13 ,2010, its subsidiary, Ormat Systems Ltd. ("Ormat"), in accordance with its business partner Solar...
Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2010 Earnings Results
Call Will be Webcast Simultaneously
RENO, Nevada, October 11, 2010 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its third quarter 2010 earnings results in a press release that will be issued on Tuesday, November 2, 2010 after the market close. The Company has scheduled a...
Ormat Technologies, Inc. Received $108 Million Cash Grant Under The 1603 Program
Reno, Nevada, September 20, 2010 -- Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that it has received $108.2 million for Specified Energy Property in Lieu of Tax/Credits relating to its North Brawley geothermal power plant under...
Ormat and Solar Millennium to Participate in the Ashalim Solar Thermal Power Plant Tender
Reno, Nevada, September 13, 2010 - Ormat Technologies, Inc. (NYSE: ORA), announced today that its Israeli subsidiary, Ormat Systems Ltd. (“Ormat”), has signed a Memorandum of Understanding (“MOU”) with Solar Millennium AG. to...
Ormat Technologies, Inc. to Present at the Imperial Capital Global Opportunities Conference
RENO, Nevada, September 7, 2010 - Ormat Technologies, Inc. (NYSE: ORA) today announced that it will be participating in the Imperial Capital Global Opportunities Conference on September 15, 2010 in New York.   Dita Bronicki, Chief Executive...
Ormat Technologies Announces Commercial Operation of the GRE Project
Reno, Nevada, August 25, 2010 - Ormat Technologies, Inc, (NYSE:ORA), today announced that the GRE Recovered Energy Generation (REG) power plant is in commercial operation.   The project is a 5.5 MW net power plant that converts the waste heat...
Ormat Technologies, Inc. Reports Second Quarter 2010 Results
RENO, Nevada, August 4, 2010 - Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the second quarter 2010. Second Quarter ResultsFor the three-month period ended June 30, 2010, total revenues were $96.3 million, a $3.2...