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Ormat Technologies Inc ORA

Utilities Utilities - Independent Power Producers
Ormat Technologies, Inc. is a geothermal company that is engaged in geothermal and recovered energy generation (REG). The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter, a power generation unit that converts low, medium and high-temperature heat into electricity. It owns or has installed for utilities and developers worldwide, totaling approximately 3,200 megawatts (MW) of gross capacity. Its segments include Electricity Segment, Product Segment and Energy Storage Segment. Electricity segment develops, builds, owns, and operates geothermal and solar Photovoltaic (PV). Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation. Energy Storage segment owns and operates a grid connected In Front of the Meter (IFM) Battery Energy Storage System (BESS) facilities. Its portfolio includes 1,385 MW with 1,215 MW geothermal and solar generation.


NYSE:ORA - Post by User

Ormat Technologies Inc
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Post by 2fast4u1on Mar 19, 2010 10:02am
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Post# 16902409

WHYYYY????

WHYYYY????why the hell would this be sold off. it is totally over sold. this comany make money round the clock and are constantly expanding yet some idiot manager is just dumping this crap out of. idiots
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