Ormat Signs a New 20-Year Power Purchase Agreement for 10 MW Solar PV Project with Imperial Irrigation District
RENO, Nevada, December 21, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) today announced that it has signed a power purchase agreement (PPA) with Imperial Irrigation District (IID) for 10 MW of solar photovoltaic (PV) energy. The project, Ormat...
Ormat Signs an EPC Contract with Lightning Dock Geothermal HI-01, LLC,
RENO, Nevada, November 28, 2011 – Ormat Technologies, Inc. (NYSE: ORA) announced today that on November 22, 2011, Ormat Nevada Inc., its wholly-owned subsidiary, signed a $65 million engineering, procurement and construction (EPC) contract and...
Ormat Technologies, Inc. Files Universal Shelf Registration Statement
RENO, Nevada, November 9, 2011 – Ormat Technologies, Inc. (NYSE: ORA), announced today that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission (“SEC”). The shelf...
Ormat Technologies Reports Third Quarter 2011 Results
Q3 total revenues of $110.8 million with 63 percent increase in operating income
RENO, Nevada, November 2, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the third quarter of 2011. Quarterly highlights: • 9 percent increase in total revenues;• 33 percent increase in product revenues...
Subsidiaries Of Ormat Technologies, Inc. Issue $151,739,500.00 Of 4.687% Series A Notes Due December 31, 2032
RENO, Nevada, October 31, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) today announced that its wholly-owned indirect subsidiaries, OFC 2 LLC and its project subsidiaries (the “Issuers”), issued $151,739,500.00 in aggregate principal...
Ormat Technologies, Inc. to be Awarded with Five New Exploration Concessions in Chile
Reno, Nevada, October 24, 2011 - Ormat Technologies, Inc. (NYSE:ORA) today announced that the Committee on Geothermal Energy Analysis (“The Committee”) recommended the Minister of Energy to award Ormat Andina SA., a subsidiary of Ormat...
Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2011 Earnings Results
Call Will be Webcast Simultaneously
RENO, Nevada, October 11, 2011 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its third quarter 2011 earnings results in a press release that will be issued on Wednesday, November 2, 2011 after the market close. The Company has scheduled a...
Ormat Technologies Finalizes Loan Agreement Of Up To $350 Million Under The U.S Department Of Energy's 1705 Loan Guarantee Program
RENO, Nevada, September 24, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) today announced that its wholly-owned indirect subsidiary, OFC 2 LLC, and its project subsidiaries (“Ormat“), have finalized and signed the loan documentation...
Ormat Technologies Recieves US$ 310 Million Commitment Letter to Refinance and Expand its Olkaria III Geothermal Complex in Kenya
RENO, Nevada, September 22, 2011- Ormat Technologies, Inc. (NYSE: ORA) announced today that its wholly-owned subsidiary, Ormat International, Inc., signed a commitment letter issued by the Overseas Private Investment Corporation (“OPIC...
Ormat Technologies Reports Second Quarter 2011 Results
Q2 net income of $8.2 million with increased total revenues of $104.6 million Product backlog reached $225 million
RENO, Nevada, August 3, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) today announced financial results for the second quarter of 2011. Quarterly highlights:• 18 percent increase in electricity revenues;• 11 percent increase in electricity...
Ormat Technologies, Inc. announces the inauguration in Costa Rica of the 42 MW Las Pailas Geothermal Power Plant by BCIE and ICE
RENO, Nevada, August 2, 2011 - Ormat Technologies, Inc. (NYSE: ORA) announces that a second Ormat designed and manufactured geothermal power plant was inaugurated last week in Las Pailas, Costa Rica. Under a contract with Banco Centroamericano de...
Ormat completes its first Commercial Evaporative Cooling System in a Geothermal Power Plant
RENO, Nevada, August 1, 2011 - Ormat Technologies, Inc. (NYSE: ORA) announced today that it has completed the modification of the 20MW Burdette (Galena1) power plant into an Evaporative Cooling configuration. This modification is another step in a...
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2011 Earnings Results
Call will be Webcast Simultaneously
RENO, Nevada, July 12, 2011 - Ormat Technologies, Inc. (NYSE: ORA) plans to announce its second quarter 2011 earnings results in a press release that will be issued on Wednesday, August 3, 2011 after the market close. The Company has scheduled a...
Ormat Technologies Awarded BOT Agreement for 45 MW Geothermal Power Project in New Zealand
Reno, Nevada, June 21, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat”) today announced that its subsidiary has entered into a Build, Operate and Transfer Agreement (“BOT Agreement”) with Tikitere Geothermal Power...
Ormat Technologies Offered Conditional Commitment for DOE Loan Guarantee
Reno, Nevada, June 9, 2011 -- Ormat Technologies, Inc. (NYSE: ORA) today announced its subsidiary, Ormat Nevada Inc. (“Ormat Nevada”) received an offer of a conditional commitment from the DOE that would provide a partial guarantee for...
Ormat Technologies Secures $130 Million Supply & EPC Contract for Ngatamariki Geothermal Power Plant in New Zealand
The Largest Order Ever Received for the Product Segment
Reno, Nevada, June 8, 2011-- Ormat Technologies, Inc. (NYSE: ORA) today announced that it received the largest product order in the company’s history. The Supply contract and the Engineering, Procurement and Construction, (EPC) contract,...
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...