Ormat Nevada Inc. Signs Purchase Agreement for an Advanced Stage Development Property
Reno, Nevada, February 9, 2010 - Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that its wholly owned subsidiary, Ormat Nevada Inc. has signed an agreement to acquire 100% of the membership interests in HSS II, LLC, which includes the...
Ormat Technologies Provides Puna Power Plant Update
Reno, Nevada, February 4, 2010 - Ormat Technologies, Inc. (NYSE:ORA) today issued an update on its 30 MW Puna ("Puna") power plant in Hawaii. Puna is currently operating at approximately 17 MW as a result of a decline of the steam supply...
Ormat Technologies Awarded Exploration Concession in Chile
Reno, Nevada, February 3, 2010 - Ormat Technologies, Inc.(NYSE:ORA), today announced  that its subsidiary, Ormat Andina SA., was recently awarded a geothermal exploration concession in Northern Chile in the area of San Pablo II.  The...
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-end 2009 Earning Results
Call Will be Webcast Simultaneously
RENO, Nevada, January 21, 2010 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its fourth quarter and year-end 2009 earnings results in a press release that will be issued on Tuesday, February 23, 2010. The Company has scheduled a...
Ormat Technologies – Jacob J. Worenklein to Step Down from Board of Directors on March 31, 2010
Reno, Nevada, January 20, 2010 - Ormat Technologies, Inc. (NYSE:ORA) today announced that Mr. Jacob J. Worenklein, a member of the Company’s Board of Directors and Audit Committee since November 2004, has informed the Company that he will step...
Ormat Technologies, Inc. Signs a New 20-Year PPA with Nevada Power Company for 30 MW of Geothermal Power
Industry Stimulated by New Funding Options
RENO, Nevada, November 9, 2009 - Ormat Technologies, Inc. (NYSE: ORA) announced that one of its subsidiaries has signed a 20-year power purchase agreement (PPA) with Nevada Power Company (a subsidiary of NV Energy, Inc.) to purchase 30...
Ormat Technologies, Inc. to Participate in the Thomas Weisel Partners Alternative Energy & Natural Resources Conference
RENO, Nevada, November 9, 2009 - Ormat Technologies, Inc. (NYSE: ORA) today announced that Dita Bronicki, chief executive officer, will present at the Thomas Weisel Partners Alternative Energy & Natural Resources Conference. Ms. Bronicki...
Ormat Technologies, Inc. Reports Third Quarter 2009 Results
Q3 Net Income increased 48% to $23.4 million, Q3 Revenue increased 20% to $119.8 million
RENO, Nevada, November 4, 2009 –Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the third quarter of 2009. Third Quarter ResultsFor the three-month period ended September 30, 2009, total revenues were $119.8 million...
Ormat Technologies, Inc. Announces Re-Purchase of Part-Ownership Interest in Certain of its Geothermal Power Projects from an Institutional Equity Investor
RENO, Nevada, November 3, 2009 – Ormat Technologies, Inc. (NYSE: ORA) today announced that on October 30 its wholly-owned subsidiary, Ormat Nevada Inc., concluded the purchase of all of the class B membership interests in OPC LLC held by...
Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2009 Earnings Results
Call Will be Webcast Simultaneously
RENO, Nevada, October 20, 2009 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its third quarter 2009 earnings results in a press release that will be issued on Wednesday , November 4, 2009 after the market close. The Company has scheduled...
Ormat Signs Joint Venture Agreement for Solar (PV) Power Systems
Reno, Nevada, October 19, 2009 - Ormat Technologies, Inc. (NYSE: ORA), announced today that its Israeli subsidiary, Ormat Systems Ltd., has signed a Joint Venture Agreement (“JVA”) with Sunday Energy Ltd. (“Sunday”), an...
Mammoth Pacific Geothermal Power Plant Honored with Environmental Award from State of California
Reno, Nevada, August 20, 2009 - Mammoth Pacific geothermal power plant, operated and partially-owned by Ormat Technologies, Inc. (NYSE: ORA), received the California Department of Conservation’s Outstanding Lease Maintenance Award for its...
Ormat Technologies, Inc. Reports Second Quarter 2009 Results
Q2 net income increased 32.3% to $16.0 million; Q2 revenues increased 24.9% to $100.2 million;
RENO, Nevada, August 5, 2009 – Ormat Technologies, Inc. (NYSE: ORA) today announced record financial results for the second quarter of 2009. Second Quarter ResultsTotal revenues for the second quarter were $100.2 million, compared to $80.2...
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2009 Earnings Results
Call Will be Webcast Simultaneously
RENO, Nevada, July 13, 2009 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its second quarter 2009 earnings results in a press release that will be issued on Wednesday, August 5, 2009 after the market close. The Company has scheduled a...
London, UK, June 17 2009 emeafinance Magazine awarded the project financing transaction of Ormat's 48 MW Olkaria III Geothermal Power Plant in Kenya the "Best EMEA Sustainability Deal for 2008".
The award was presented to Deutsche Investitions- und Entwicklungsgesellschaft mbH ("DEG"), the arranger and global agent of the US $105 million loan. The 10-year project finance loan is provided by a group of European Development Finance...
Ormat Technologies Announces $42 Million Senior Debt Financing for the Amatitlan Geothermal Power Plant in Guatemala
Reno, Nevada May 21, 2009 - Ormat Technologies, Inc. (NYSE: ORA) announced today that on May 18, 2009, its wholly-owned subsidiary, Ortitlan Limitada, signed a Note Purchase Agreement with TCW Global Project Fund II, Ltd., an energy and...
Ormat Technologies, Inc. Reports Record First Quarter 2009 Results
Q1 net income increased 45.2% to $14.5 million; Q1 total revenues increased 44.0% to $99.9 million with record Products Segment revenues of $37.3 million.
RENO, Nevada, May 11, 2009 - Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the first quarter 2009. For the three month period ended March 31, 2009, total revenues were $99.9 million, an increase of 44.0% from $69.4...
Ormat Technologies, Inc. to Host Conference Call Announcing first Quarter 2009 Earnings Results
Call Will be Webcast Simultaneously
RENO, Nevada, April 8, 2009 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its first quarter 2009 earnings results in a press release that will be issued early morning on Monday, May 11, 2009. The Company has scheduled a conference call to...
Ormat Technologies Commissions the OREG-4 Peetz Project
Reno, Nevada, March 23, 2009 - Ormat Technologies, Inc (NYSE:ORA), today announced that its Peetz Recovered Energy Generation (REG) project reached commercial operation. The project consists of a 4 MW REG power plant that converts recovered waste...
Ormat Technologies, Inc. to Present at the Jefferies 9th Global Clean Technology Conference
RENO, Nevada, March 11, 2009 - Ormat Technologies, Inc. (NYSE: ORA) today announced that it will be participating in the Jefferies 9th Annual Global Clean Technology Conference on March 17, 2009 in New York. Yoram Bronicki, President, Director, and...
Ormat Technologies, Inc. to Present at the Jefferies 9th Global Clean Technology Conference
RENO, Nevada, March 11, 2009 - Ormat Technologies, Inc. (NYSE: ORA) today announced that it will be participating in the Jefferies 9th Annual Global Clean Technology Conference on March 17, 2009 in New York. Yoram Bronicki, President, Director, and...
Ormat Technologies, Inc. to Participate in the Merrill Lynch Cleantech Leaders Conference
RENO, Nevada, March 9, 2009 - Ormat Technologies, Inc. (NYSE: ORA) today announced that Dita Bronicki, chief executive officer, will present at the Merrill Lynch Cleantech Leaders Conference in New York City. Ms. Bronicki will provide an overview of...
Ormat Technologies Announces Closing of $105 Million Long-Term Senior Debt Financing for the Olkaria III Geothermal Power Project in Kenya
Reno, Nevada March 6, 2009– Ormat Technologies, Inc. (NYSE: ORA) announced today that its wholly-owned subsidiary, Orpower 4, Inc., concluded the closing under its previously announced loan documents for up to $105 million project financing to...
Ormat Technologies, Inc. Announces May 8, 2009 Annual Meeting of Stockholders
Reno, Nevada, March 5, 2009 - Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that its 2008 annual meeting of stockholders will be held on Friday, May 8, 2009 at 1:30 P.M. local time at the offices of Chadbourne & Parke LLP, 30...
Ormat Technologies Reports Record Fourth Quarter 2008 and Year-End Results
RENO, Nevada, February 25, 2009 – Ormat Technologies, Inc. (NYSE: ORA) today announced results for the fourth quarter and full year ended December 31, 2008. Highlights of the company performance include:  Revenues increased 35.2% for the...