Ormat Technologies

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ormat Technologies, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Wednesday, July 1, 2020 - 1:54am

The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Ormat Technologies, Inc. (Ormat or the Company) (NYSE: ORA ) for potential breaches of fiduciary duty on the part of its directors and management.

Key Points: 
  • The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Ormat Technologies, Inc. (Ormat or the Company) (NYSE: ORA ) for potential breaches of fiduciary duty on the part of its directors and management.
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Ormat Technologies, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Saturday, June 27, 2020 - 2:25am

The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Ormat Technologies, Inc. (Ormat or the Company) (NYSE: ORA ) for potential breaches of fiduciary duty on the part of its directors and management.

Key Points: 
  • The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Ormat Technologies, Inc. (Ormat or the Company) (NYSE: ORA ) for potential breaches of fiduciary duty on the part of its directors and management.
  • We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Steamboat Hills Geothermal Power Plant Enhancement in Nevada Begins Commercial Operation

Monday, June 22, 2020 - 11:45am

RENO, Nev., June 22, 2020 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) announced that the enhancement of its Steamboat Hills geothermal power plant located near Reno, Nevada is complete and achieved commercial operation on June 6, 2020.

Key Points: 
  • RENO, Nev., June 22, 2020 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) announced that the enhancement of its Steamboat Hills geothermal power plant located near Reno, Nevada is complete and achieved commercial operation on June 6, 2020.
  • The Steamboat Hills power plant continues to sell its electricity under the current 25-year long term portfolio power purchase agreement with Southern California Public Power Authority (SCPPA), with 100% of the 28.4 MW of capacity going to the Los Angeles Department of Water and Power.
  • Isaac Angel, CEO of Ormat Technologies, said, For more than 30 years, Ormats Steamboat Hills power plant has been producing environmentally responsible, advanced geothermal energy in Reno for the region.
  • The increased generation of our Steamboat Hills power plant helps LADWP to make the transition to 100% clean energy while maintaining a reliable and perpetual power supply for Los Angeles.

Ormat Technologies Reports First Quarter 2020 Financial Results

Monday, May 11, 2020 - 11:25am

The strong quarter, reinforces our confidence that Ormat is on the right path with a resilient business model, geographic and revenue diversity, and an excellent team.

Key Points: 
  • The strong quarter, reinforces our confidence that Ormat is on the right path with a resilient business model, geographic and revenue diversity, and an excellent team.
  • We did not experience a material impact on our results of operations during the first quarter.
  • First Quarter 2020 Financial Results (Comparing the Quarter Ended March 31, 2020 to the Quarter Ended March 31, 2019)
    Total revenues for the quarter were $192.1 million, down 3.5% compared to the same quarter last year.
  • Ormat will host a conference call to discuss its financial results and other matters discussed in this press release on Monday, May 11, at 10 a.m.

Ormat Announces Commercial Operation of Rabbit Hill Battery Energy Storage System Participating in Markets Run by the Electric Reliability Council of Texas

Thursday, April 30, 2020 - 5:44pm

RENO, Nev., April 30, 2020 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc.(NYSE: ORA) today announced the commercial operation of the Rabbit Hill Battery Energy Storage System (BESS) facility, providing required ancillary services and energy optimization to the wholesale markets managed by the Electricity Reliability Council of Texas (ERCOT).

Key Points: 
  • RENO, Nev., April 30, 2020 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc.(NYSE: ORA) today announced the commercial operation of the Rabbit Hill Battery Energy Storage System (BESS) facility, providing required ancillary services and energy optimization to the wholesale markets managed by the Electricity Reliability Council of Texas (ERCOT).
  • Ormats wholly owned subsidiary Viridity Energy Solutions Inc. designed, built, owns and operates the lithium-Ion-based BESS, using batteries from a tier 1 supplier.
  • The Rabbit Hill BESS facility is our first energy storage system in Texas commented Isaac Angel, Chief Executive Officer.
  • LS Energy Solutions served as the system integrator, providing a state-of-the art solution that interfaces with Ormats on-site energy management system and remote network operations center.

Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2020 Financial Results

Thursday, April 16, 2020 - 11:37am

RENO, Nev., April 16, 2020 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) announced today that it plans to announce its first quarter 2020 financial results in a press release that will be issued on Monday, May 11, 2020, before the market is open.

Key Points: 
  • RENO, Nev., April 16, 2020 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) announced today that it plans to announce its first quarter 2020 financial results in a press release that will be issued on Monday, May 11, 2020, before the market is open.
  • The Company has scheduled a conference call to discuss the results at 10 a.m.
  • To participate, please dial 1-877-511-6790 approximately 15 minutes prior to the scheduled start of the call.
  • Please request the Ormat Technologies, Inc. call when prompted by the conference call operator.

Ormat Technologies, Inc. Announces 2020 Annual Meeting of Stockholders

Thursday, February 27, 2020 - 2:14pm

RENO, Nev., Feb. 27, 2020 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that its 2020 annual meeting of stockholders will be held on Wednesday, June 3, 2020 at 9:30AM local time at the Companys offices, at 6140 Plumas Street, Reno, Nevada 89519.

Key Points: 
  • RENO, Nev., Feb. 27, 2020 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) is pleased to announce that its 2020 annual meeting of stockholders will be held on Wednesday, June 3, 2020 at 9:30AM local time at the Companys offices, at 6140 Plumas Street, Reno, Nevada 89519.
  • Stockholders of record at the close of business on April 6, 2020 will be entitled to vote at the meeting.ORMAT TECHNOLOGIES, INC.
  • ANNOUNCES 2020 ANNUAL MEETING OF STOCKHOLDERS
    With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company engaged in geothermal, solar and recovered energy generation (REG), with the objective of becoming a leading global provider of renewable energy.
  • With 68 U.S. patents, Ormats power solutions have been refined and perfected under the most grueling environmental conditions.

The Geothermal Resources Council Announces 2020 Photo Contest - Winners will be announced at the GRC Annual Meeting in Reno, Nevada, USA

Tuesday, February 18, 2020 - 9:30pm

DAVIS, Calif., Feb. 18, 2020 /PRNewswire-PRWeb/ -- The winners will be announced and prominently displayed at the GRC Annual Meeting & Expo being held in Reno, Nevada, USA from October 18-21.

Key Points: 
  • DAVIS, Calif., Feb. 18, 2020 /PRNewswire-PRWeb/ -- The winners will be announced and prominently displayed at the GRC Annual Meeting & Expo being held in Reno, Nevada, USA from October 18-21.
  • For the 2020 photo contest , GRC is soliciting submissions in 3 categories that help raise awareness of the benefits of geothermal energy:
    Awards will be presented to the winners at the GRC Annual Meeting.
  • More information on the GRC Geothermal Photo Contest , including a Submission Form , can be found on the GRC Annual Meeting & Expo website .
  • About the Geothermal Resources Council:
    The Geothermal Resources Council (GRC) will be celebrating 50 years of service to the global geothermal energy community in 2022.

Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-End 2019 Financial Results

Thursday, January 23, 2020 - 10:12am

The Company has scheduled a conference call to discuss the results at 10 a.m.

Key Points: 
  • The Company has scheduled a conference call to discuss the results at 10 a.m.
  • To participate, please dial 1-877-511-6790 approximately 15 minutes prior to the scheduled start of the call.
  • Please request the Ormat Technologies, Inc. call when prompted by the conference call operator.
  • The conference call will also be webcast live from the Investor Relations section of the Company's website.

Foresight to Hold Annual Investor Conference in Israel

Tuesday, January 14, 2020 - 7:30am

Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), an innovator in automotive vision, announced today it will hold its annual investor conference on January 30th, 2020.

Key Points: 
  • Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), an innovator in automotive vision, announced today it will hold its annual investor conference on January 30th, 2020.
  • The conference will take place at the Tel Aviv Stock Exchange (TASE) Conference Center in Tel Aviv, Israel.
  • For more information and registration, please visit: www.foresight-events.net
    Following the conference, the investors presentation will be available on the Investor Relations page of Foresights website.
  • Through the companys wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both in-line-of-sight vision systems and beyond-line-of-sight cellular-based applications.