Latest Ormat Technologies (ORA) Headlines
Why Ormat Technologies (ORA) Has A Bright Short-Term Future? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Mar 13, 7:41AM CDT
Ormat Technologies has seen its Zacks Rank surge over the past four weeks, moving from Hold territory to its current position as a Strong Buy
Ormat Technologies to Participate in the 26th Annual ROTH Conference
GlobeNewswire - Fri Mar 07, 2:58AM CST
Ormat Technologies, Inc. (NYSE:ORA) today announced that Yoram Bronicki, president and chief operating officer, will present at the 26 Annual ROTH Conference in Dana Point, California.
Ormat Technologies (ORA) Shares March Higher, Can It Continue? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Mar 05, 9:24AM CST
Ormat Technologies (ORA) Shares March Higher, Can It Continue?
Ormat Technologies, Inc. Announces May 8, 2014 Annual Meeting of Stockholders
GlobeNewswire - Mon Mar 03, 7:01AM CST
Ormat Technologies, Inc. (NYSE:ORA) is pleased to announce that its 2014 annual meeting of stockholders will be held on Thursday, May 8, 2014 at 1:30 P.M. local time at the offices of Chadbourne & Parke LLP, 30 Rockefeller Plaza, New York, New York.
3 Ways to Invest in This Hot Renewable Energy Technology
Scott Levine, The Motley Fool - Motley Fool - Thu Feb 27, 8:23AM CST
When it comes to renewable energy investments, solar and wind are usually first to come to mind -- not geothermal. Although it's not winning any popularity contests, it doesn't mean that it's not worth taking a look to see if geothermal energy...
Ormat Technologies Reports 2013 Fourth Quarter and Year End Results
GlobeNewswire - Tue Feb 25, 7:40PM CST
Net Income Attributable to Company's Shareholders of $0.91 Per Share for the Full Year
Covanta Misses Q4 Earnings Ests - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 12, 10:10AM CST
Covanta Holding Corporation reported adjusted earnings per share of 18 cents in the fourth quarter of 2013, missing the Zacks Consensus Estimate of 21 cents by 14.3%.
Ormat Board Names Mr. Isaac Angel as CEO
GlobeNewswire - Tue Feb 11, 6:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today that its Board of Directors has appointed Mr. Isaac Angel as Chief Executive Officer. Mr. Angel will join Ormat on April 1, 2014 and assume the CEO position effective July 1, 2014. He will succeed Mrs. Yehudit (Dita) Bronicki, who announced her retirement in November after 50 years of service in the company. Mrs. Bronicki will continue to serve as a Director of Ormat, in a non-executive capacity.
Olkaria III Geothermal Complex in Kenya Reaches 110 MW With Commercial Operation of Plant 3
GlobeNewswire - Tue Feb 04, 6:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today it successfully completed construction and reached commercial operation of Plant 3 in the Olkaria III geothermal power plant complex almost three months ahead of schedule. With Plant 3 online, the complex's total generation capacity has increased to 110 MW. The power generated by the Olkaria III complex, located in Naivasha, Kenya, is sold under a 20-year power purchase agreement (PPA) with Kenya Power and Lighting Company Limited (KPLC).
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-End 2013 Earnings Results
GlobeNewswire - Mon Jan 27, 7:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) plans to announce its fourth quarter and year-end 2013 earnings results in a press release that will be issued on Tuesday, February 25, 2014 after the market close. The Company has scheduled a conference call to discuss the results at 10 a.m. EST on Wednesday, February 26, 2014.
The Renaissance of Rum
PR Newswire - Fri Jan 24, 3:48AM CST
A new report discovers 2014 will be the year of rum cocktails
Ormat Reaches Commercial Operation of the Newly Refurbished Mammoth G1 Power Plant
GlobeNewswire - Thu Jan 23, 6:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today that it successfully completed the scope of work needed to bring the Mammoth G1 geothermal power plant in Mono County, California to full capacity. The 6 MW plant reached commercial operation under the new power purchase agreement (PPA) with Pacific Gas and Electric Company (PG&E) that allows for hourly energy deliveries of up to 7.5 MW and now receives the full commercial rate defined in the PPA.
Ormat Extends PPA for Its Zunil Power Plant in Guatemala by Additional 15 Years
GlobeNewswire - Wed Jan 22, 6:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today its indirect, wholly owned subsidiary signed an amendment to the power purchase agreement (PPA) with Instituto Nacional de Electrificacion (INDE) for its Zunil geothermal power plant in Guatemala. The amendment extends the term of the PPA from 2019 to 2034.
Are We Giving This Renewable Energy Source Enough Credit?
John Licata, The Motley Fool - Motley Fool - Mon Jan 20, 12:47PM CST
Recently, I've been watching the development of enhanced geothermal systems (EGS), a technology similar in some regard to fracking natural gas wells in that it requires injecting water into rock. There are still uncertainties due to the direct...
Recently Reactivated NASA Spacecraft Spots Its First New Asteroid
PR Newswire - Tue Jan 07, 11:58AM CST
NASA's Near-Earth Object Wide-field Infrared Survey Explorer (NEOWISE) spacecraft has spotted a never-before-seen asteroid -- its first such discovery since coming out of hibernation last year.
Ormat Completes the Don A. Campbell Geothermal Power Plant With Full 16 Megawatt (net) Output
GlobeNewswire - Mon Jan 06, 4:00PM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today that it completed the Don A. Campbell geothermal power plant in Mineral County, Nevada. The plant is producing its full capacity of 16 megawatts (net) and performing as expected as of December 6, 2013.
Ormat Completes Acquisition of Platanares Geothermal Project in Honduras
GlobeNewswire - Mon Dec 02, 7:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today that its indirect, wholly-owned subsidiary, completed the acquisition of the Geotermica Platanares geothermal project in Honduras from ELCOSA, a privately owned Honduran energy company, upon satisfaction of the required conditions precedent. Ormat will hold the assets under a Build, Operate and Transfer (BOT) structure for approximately 15 years, including the project's wells, land, permits and a Power Purchase Agreement for up to 35 megawatt with ENEE, the national utility of Honduras.
Ormat Technologies Completes Final Drawdown of $45 Million From OPIC for Final Phase of Construction at Olkaria III Geothermal Complex in Kenya
GlobeNewswire - Mon Nov 25, 4:00PM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today that OrPower 4 Inc., its wholly owned subsidiary, drew down the remaining $45 million available under its project finance facility with Overseas Private Investment Corporation (OPIC). This drawdown will be used to complete the final phase of construction at the Olkaria III complex in Naivasha, Kenya, bringing the geothermal power plant capacity to over 100 MW.
Old Reliable: Consider Warming up to Geothermal Energy
Daniel T. Cook, The Motley Fool - Motley Fool - Mon Nov 18, 12:06PM CST
Every year travelers from around the world shoot over to Yellowstone National Park to see the famous geyser. Hot water and steam from deep within the earth flow up to the surface. Like clockwork, every two hours the pressure builds to the point of...
Progress on a Second Phase in McGinness Hills
GlobeNewswire - Thu Nov 14, 6:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today that a key milestone was reached in the 30-megawatt (MW) expansion of its McGinness Hills geothermal power plant complex located in Lander County, Nevada. NV Energy and Ormat signed an amendment to the existing McGinness Hills power purchase agreement (PPA) allowing Ormat to sell 63.7 MW (net average annual capacity) from the complex. Under the amendment, a new energy rate of $85.58/MWh with a 1 percent annual escalator will be set for the entire complex once Phase II enters commercial operation. The amendment is subject to approval by the Public Utilities Commission of Nevada.
Why Ormat Technologies (ORA) Has A Bright Short-Term Future? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Mar 13, 7:41AM CDT
Ormat Technologies has seen its Zacks Rank surge over the past four weeks, moving from Hold territory to its current position as a Strong Buy
Ormat Technologies to Participate in the 26th Annual ROTH Conference
GlobeNewswire - Fri Mar 07, 2:58AM CST
Ormat Technologies, Inc. (NYSE:ORA) today announced that Yoram Bronicki, president and chief operating officer, will present at the 26 Annual ROTH Conference in Dana Point, California.
Ormat Technologies (ORA) Shares March Higher, Can It Continue? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Mar 05, 9:24AM CST
Ormat Technologies (ORA) Shares March Higher, Can It Continue?
Ormat Technologies, Inc. Announces May 8, 2014 Annual Meeting of Stockholders
GlobeNewswire - Mon Mar 03, 7:01AM CST
Ormat Technologies, Inc. (NYSE:ORA) is pleased to announce that its 2014 annual meeting of stockholders will be held on Thursday, May 8, 2014 at 1:30 P.M. local time at the offices of Chadbourne & Parke LLP, 30 Rockefeller Plaza, New York, New York.
3 Ways to Invest in This Hot Renewable Energy Technology
Scott Levine, The Motley Fool - Motley Fool - Thu Feb 27, 8:23AM CST
When it comes to renewable energy investments, solar and wind are usually first to come to mind -- not geothermal. Although it's not winning any popularity contests, it doesn't mean that it's not worth taking a look to see if geothermal energy...
Ormat Technologies Reports 2013 Fourth Quarter and Year End Results
GlobeNewswire - Tue Feb 25, 7:40PM CST
Net Income Attributable to Company's Shareholders of $0.91 Per Share for the Full Year
Covanta Misses Q4 Earnings Ests - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 12, 10:10AM CST
Covanta Holding Corporation reported adjusted earnings per share of 18 cents in the fourth quarter of 2013, missing the Zacks Consensus Estimate of 21 cents by 14.3%.
Ormat Board Names Mr. Isaac Angel as CEO
GlobeNewswire - Tue Feb 11, 6:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today that its Board of Directors has appointed Mr. Isaac Angel as Chief Executive Officer. Mr. Angel will join Ormat on April 1, 2014 and assume the CEO position effective July 1, 2014. He will succeed Mrs. Yehudit (Dita) Bronicki, who announced her retirement in November after 50 years of service in the company. Mrs. Bronicki will continue to serve as a Director of Ormat, in a non-executive capacity.
Olkaria III Geothermal Complex in Kenya Reaches 110 MW With Commercial Operation of Plant 3
GlobeNewswire - Tue Feb 04, 6:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today it successfully completed construction and reached commercial operation of Plant 3 in the Olkaria III geothermal power plant complex almost three months ahead of schedule. With Plant 3 online, the complex's total generation capacity has increased to 110 MW. The power generated by the Olkaria III complex, located in Naivasha, Kenya, is sold under a 20-year power purchase agreement (PPA) with Kenya Power and Lighting Company Limited (KPLC).
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-End 2013 Earnings Results
GlobeNewswire - Mon Jan 27, 7:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) plans to announce its fourth quarter and year-end 2013 earnings results in a press release that will be issued on Tuesday, February 25, 2014 after the market close. The Company has scheduled a conference call to discuss the results at 10 a.m. EST on Wednesday, February 26, 2014.
The Renaissance of Rum
PR Newswire - Fri Jan 24, 3:48AM CST
A new report discovers 2014 will be the year of rum cocktails
Ormat Reaches Commercial Operation of the Newly Refurbished Mammoth G1 Power Plant
GlobeNewswire - Thu Jan 23, 6:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today that it successfully completed the scope of work needed to bring the Mammoth G1 geothermal power plant in Mono County, California to full capacity. The 6 MW plant reached commercial operation under the new power purchase agreement (PPA) with Pacific Gas and Electric Company (PG&E) that allows for hourly energy deliveries of up to 7.5 MW and now receives the full commercial rate defined in the PPA.
Ormat Extends PPA for Its Zunil Power Plant in Guatemala by Additional 15 Years
GlobeNewswire - Wed Jan 22, 6:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today its indirect, wholly owned subsidiary signed an amendment to the power purchase agreement (PPA) with Instituto Nacional de Electrificacion (INDE) for its Zunil geothermal power plant in Guatemala. The amendment extends the term of the PPA from 2019 to 2034.
Are We Giving This Renewable Energy Source Enough Credit?
John Licata, The Motley Fool - Motley Fool - Mon Jan 20, 12:47PM CST
Recently, I've been watching the development of enhanced geothermal systems (EGS), a technology similar in some regard to fracking natural gas wells in that it requires injecting water into rock. There are still uncertainties due to the direct...
Recently Reactivated NASA Spacecraft Spots Its First New Asteroid
PR Newswire - Tue Jan 07, 11:58AM CST
NASA's Near-Earth Object Wide-field Infrared Survey Explorer (NEOWISE) spacecraft has spotted a never-before-seen asteroid -- its first such discovery since coming out of hibernation last year.
Ormat Completes the Don A. Campbell Geothermal Power Plant With Full 16 Megawatt (net) Output
GlobeNewswire - Mon Jan 06, 4:00PM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today that it completed the Don A. Campbell geothermal power plant in Mineral County, Nevada. The plant is producing its full capacity of 16 megawatts (net) and performing as expected as of December 6, 2013.
Ormat Completes Acquisition of Platanares Geothermal Project in Honduras
GlobeNewswire - Mon Dec 02, 7:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today that its indirect, wholly-owned subsidiary, completed the acquisition of the Geotermica Platanares geothermal project in Honduras from ELCOSA, a privately owned Honduran energy company, upon satisfaction of the required conditions precedent. Ormat will hold the assets under a Build, Operate and Transfer (BOT) structure for approximately 15 years, including the project's wells, land, permits and a Power Purchase Agreement for up to 35 megawatt with ENEE, the national utility of Honduras.
Ormat Technologies Completes Final Drawdown of $45 Million From OPIC for Final Phase of Construction at Olkaria III Geothermal Complex in Kenya
GlobeNewswire - Mon Nov 25, 4:00PM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today that OrPower 4 Inc., its wholly owned subsidiary, drew down the remaining $45 million available under its project finance facility with Overseas Private Investment Corporation (OPIC). This drawdown will be used to complete the final phase of construction at the Olkaria III complex in Naivasha, Kenya, bringing the geothermal power plant capacity to over 100 MW.
Old Reliable: Consider Warming up to Geothermal Energy
Daniel T. Cook, The Motley Fool - Motley Fool - Mon Nov 18, 12:06PM CST
Every year travelers from around the world shoot over to Yellowstone National Park to see the famous geyser. Hot water and steam from deep within the earth flow up to the surface. Like clockwork, every two hours the pressure builds to the point of...
Progress on a Second Phase in McGinness Hills
GlobeNewswire - Thu Nov 14, 6:00AM CST
Ormat Technologies, Inc. (NYSE:ORA) announced today that a key milestone was reached in the 30-megawatt (MW) expansion of its McGinness Hills geothermal power plant complex located in Lander County, Nevada. NV Energy and Ormat signed an amendment to the existing McGinness Hills power purchase agreement (PPA) allowing Ormat to sell 63.7 MW (net average annual capacity) from the complex. Under the amendment, a new energy rate of $85.58/MWh with a 1 percent annual escalator will be set for the entire complex once Phase II enters commercial operation. The amendment is subject to approval by the Public Utilities Commission of Nevada.
