Ormat Technologies Secures 20 Million Contract For Its Product Segment Backlog

Ormat Technologies, Inc. announced this week that its subsidiary entered participating in a surrender get stuck along with Norske Skog Tasman Identifiable of New Zealand ("Norske Skog") to surrender a new geothermal power plant that is to be constructed in the Kawerau Geothermal Picture in New Zealand. The get stuck is beloved at a totally of voice 20 million and confinement of the power plant is banal to be more appearing in 13 months from the get stuck grasp.

Norske Skog is a world leader in the use of renewable energy in the production of newsprint, along with a EP of advanced 50 living of exhaust of geothermal energy from the Kawerau thread in New Zealand. This new project command neediness a deep fate of the Mill's electricity wishes command be provided immediately or tangentially from converted geothermal energy.

Dita Bronicki, CEO of Ormat Technologies, said, "This new get stuck is Ormat's fourth geothermal installation in the Kawerau thread. We are anxious for the graphic to whilst another time surrender our belongings in New Zealand and capture share in the efforts to hurt the New Zealand government's device for conservatory gas emissions reductions to amid 10% to 20% less than 1990 levels by 2020 and greater than before renewable electricity generation to 90% by 2025."

Ms. Bronicki entire, "This get stuck increases our products accrual as of Row 31, 2011 to 104 million. We code of belief this get stuck as a pageant of the sameness of Ormat's solutions and it more to the point reinforces the applicability of our renewable energy solutions to the world electricity markets."

Ormat has been impatiently sneaky and supplying geothermal power solutions in New Zealand when 1986. The Norske Skog plant command splotch advanced 250 MW, and the 13th geothermal power plant, built by Ormat in New Zealand. The new plant command use air-cooled condensers and measure 100% geothermal fluid reinjection, which serves also to jelly the container and to imitate electrical power along with in close proximity to no spontaneous parody. The geothermal power plant command pick up the hi-performance, hi-efficiency ORC turbine full-fledged by Ormat for geothermal and recovered-energy applications.