ORA Ormat Technologies Inc

RENO, Nev., May 1 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. (NYSE:ORA), today announced that Heber South geothermal project located in the Imperial Valley, California, reached commercial operation on Mid April 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO) The Heber South project is Ormat's second geothermal power plant to reach commercial operation since the beginning of the year. It is integrated into the existing Heber Complex and brings the total output supplied from the complex to 92 MW and the total owned generating capacity of Ormat's portfolio to 410 MW. "We are very happy to bring additional base load power through clean geothermal energy and contribute to the Renewable Portfolio Standards of California," said Dita Bronicki, Chief Executive Officer of Ormat. About Ormat Technologies Ormat Technologies, Inc. is the only vertically-integrated company primarily engaged in the geothermal and recovered energy power business. The company designs, develops, owns and operates geothermal and recovered energy- based power plants around the world. Additionally, the company designs, manufactures and sells geothermal and recovered energy power units and other power-generating equipment, and provides related services. The company has more than four decades of experience in the development of environmentally- sound power, primarily in geothermal and recovered-energy generation. Ormat products and systems are covered by more than 75 patents. Ormat currently operates the following geothermal and recovered energy- based power plants: in the United States - Brady, Heber, Mammoth, Ormesa, Puna, Steamboat and OREG 1; in Guatemala - Zunil and Amatitlan; in Kenya - Olkaria; and in Nicaragua - Momotombo. Ormat's Safe Harbor Statement Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to Ormat's plans, objectives and expectations for future operations and are based upon its management's current estimates and projections of future results or trends. Actual future results may differ materially from those projected as a result of certain risks and uncertainties. For a discussion of such risks and uncertainties, see "Risk Factors" as described in Ormat Technologies, Inc.'s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 5, 2008. These forward-looking statements are made only as of the date hereof, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. Ormat Technologies Contact: Investor Relations Contact: Dita Bronicki Todd Fromer / Marybeth Csaby CEO KCSA Strategic Communications 775-356-9029 212-896-1215 (Todd) /212-896-1236 (Marybeth) / http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO http://photoarchive.ap.org/ DATASOURCE: Ormat Technologies, Inc. CONTACT: Dita Bronicki, CEO of Ormat Technologies, +1-775-356-9029, ; or Investor Relations, Todd Fromer, +1-212-896-1215, , or Marybeth Csaby, +1-212-896-1236, , both of KCSA Strategic Communications, for Ormat Technologies, Inc. Web site: http://www.ormat.com/

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