Ormat Technologies has Completed the Upgrade of the Steamboat 2/3 Projects
05 Outubro 2008 - 11:13AM
PR Newswire (US)
RENO, Nev., Oct. 5 /PRNewswire-FirstCall/ -- Ormat Technologies,
Inc. (NYSE:ORA) announced today the successful completion of the
Steamboat 2/3 upgrade project. The upgrade included the replacement
of the 4 Rotoflow centrifugal expenders originally installed at
these plants with direct drive gearless 11 MW axial turbines each
designed and manufactured by Ormat specifically for geothermal use.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO )
(Photo: http://www.newscom.com/cgi-bin/prnh/20081005/CLSU902 )
"With the completion of this project with field proven turbines we
expect to see major improvement in performance and availability of
the two facilities which have been plagued with high maintenance
costs and low run time of these turbines for most of their
operating history," said Yoram Bronicki, President and Chief
Operating Officer of Ormat Technologies. "This project is another
demonstration of Ormat's unique capabilities, enabling us to
complete the re-powering of an operating facility with limited
downtime to the old equipment." 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. 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
212-896-1215/212-896-1236 /
http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO
http://www.newscom.com/cgi-bin/prnh/20081005/CLSU902
http://photoarchive.ap.org/ DATASOURCE: Ormat Technologies, Inc.
CONTACT: Dita Bronicki of Ormat Technologies, Inc., CEO,
+1-775-356-9029, ; or Investors, 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/
Copyright
Ormat Technologies (NYSE:ORA)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Ormat Technologies (NYSE:ORA)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024