Ormat Technologies, Inc. Commissions the 10 MW Heber South Project
01 Maio 2008 - 10:18AM
PR Newswire (US)
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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