Mammoth Pacific Geothermal Power Plant Honored with Environmental Award from State of California
20 August 2009 - 2:30PM
PR Newswire (US)
RENO, Nev., Aug. 20 /PRNewswire-FirstCall/ -- Mammoth Pacific
geothermal power plant, operated and partially-owned by Ormat
Technologies, Inc. (NYSE: ORA), received the California Department
of Conservation's Outstanding Lease Maintenance Award for its
ongoing commitment to environmental safety and outstanding lease
maintenance. (Logo:
http://www.newscom.com/cgi-bin/prnh/20040422/LATH066LOGO) "The
Department of Conservation recognizes those operators that
continuously maintain their facilities in an environmentally sound
and responsible way," said Jack Truschel, Geothermal District
Engineer at the Division of Oil, Gas, & Geothermal Resources.
"It is therefore my pleasure to present Mammoth Pacific with its
second consecutive outstanding lease award." "This environmental
and safety award can be attributed to our employees at Mammoth
Pacific, who work diligently to meet the highest standards of
safety while also protecting the environment," said Lucien
Bronicki, Chairman and CTO of Ormat. "Ormat has always taken
health, safety and environmental protection very seriously. We are
proud that Mammoth Pacific, and the team led by plant manager Larry
Nickerson, continues to exemplify quality and environmental
consciousness in geothermal power production." Located in Mammoth
Lakes, California, Mammoth Pacific, LP generates 29 MW of
renewable, environmentally sound electricity sufficient for the
needs of more than 20,000 homes. The facility, a partnership
between Ormat and Constellation Energy, helps reduce our nation's
dependence on fossil fuels and play an important role in the local
economy. Ormat has constructed over 1,200 MW of geothermal and
Recovered Energy Generation (REG) power projects worldwide and owns
and operates over 515 MW of geothermal and REG plants in the United
States. 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 75 U.S. patents. Ormat has
built over 1,200 MW of plants approximately half for its own
account and half as supplies to utilities and developers. Ormat
current generating portfolio includes the following geothermal and
recovered energy-based power plants: in the United States - Brady,
Desert Peak 2, Heber, Mammoth, Ormesa, Puna, Steamboat, OREG 1,
OREG 2 and Peetz; in Guatemala - Zunil and Amatitlan; in Kenya -
Olkaria; in Nicaragua - Momotombo and in New Zealand - GDL. 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 2, 2009 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, 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 Web
Site: http://www.ormat.com/
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