Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Guadeloupe Economic Daily.

Ormat Technologies Reports First Quarter 2025 Financial Results
REVENUE GROWTH AND RECORD QUARTERLY ADJUSTED EBITDA SUPPORT ONGOING STRATEGIC PORTFOLIO EXPANSION HIGHLIGHTS TOTAL REVENUES AND NET INCOME1 IMPROVED 2.5% AND 4.6%, RESPECTIVELY RECORD ADJUSTED EBITDA OF $150.3 MILLION, AN INCREASE OF 6.4% VS LAST...

Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2025 Financial Results
RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publish its first quarter financial results in a...

Ormat Technologies Reports Fourth Quarter and Year-End 2024 Financial Results
STRATEGIC PORTFOLIO EXPANSION SUPPORTS CONTINUED REVENUE AND ADJUSTED EBITDA GROWTH STRONG FULL-YEAR RESULTS REINFORCES ORMAT’S MOMENTUM, REMAINING ON PACE TO ACHIEVE GENERATING CAPACITY GOALS OF 2.6 TO 2.8 GW BY 2028 HIGHLIGHTS TOTAL REVENUES FOR...

Ormat Commences Commercial Operation of 35 MW Ijen Geothermal Facility in Indonesia, Delivering Low Carbon Geothermal Power
RENO, Nev., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the successful commencement of commercial operations (COD) for the 35MW Ijen geothermal power...

Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year End 2024 Financial Results
RENO, Nev., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced that it plans to publish its fourth quarter and full year 2024 financial results in a press...

Ormat Commences Commercial Operation of Montague Energy Storage Facility, Delivering 20MW/120MWh of Energy Storage Capacity to the PJM Market
RENO, Nev., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy technology company, announced today the successful commencement of commercial operations for...

Ormat Announces Pricing of Public Offering of Common Stock on Behalf of Stockholder Orix Corporation
RENO, Nev., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy technology company, announced today the pricing of an underwritten secondary offering of...

Caribbean Airlines Brings the Region Closer with New Service to Guadeloupe
Piarco, Dec. 07, 2024 (GLOBE NEWSWIRE) -- Caribbean Airlines announces the start of its new service to the French island of Guadeloupe, marking a significant milestone in the airline’s commitment to enhancing regional connectivity. This new route,...

Ormat Announces Public Offering of Common Stock on Behalf of Stockholder ORIX Corporation
RENO, Nev., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy technology company, announced today the commencement of an underwritten secondary offering of...

Ormat Announces the Completion of Its Acquisition of the Blue Mountain Geothermal Power Plant From Cyrq Energy
ACQUISITION INCREASES ORMAT’S ELECTRICTY SEGMENT GENERATING PORTFOLIO TO 1,268MW POTENTIAL TO UNLOCK ADDITIONAL VALUE THROUGH EXPECTED PPA RENEWAL AND ASSET UPGRADES RENO, Nev., June 18, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE:...

Ormat Technologies Reports Third Quarter 2024 Financial Results
REVENUE AND ADJUSTED EBITDA GROWTH HIGHLIGHT CONTINUED PROGRESS TOWARDS ACHIEVING GROWTH TARGETS HIGHLIGHTS ELECTRICITY SEGMENT REVENUES AND ADJUSTED EBITDA INCREASE DRIVEN BY SOLID OPERATIONAL EXECUTION AND A STRATEGICALLY EXPANDED GENERATION...

Ormat Commences Commercial Operation of Bottleneck Storage Facility in California, Delivering 80MW/320MWh of Energy Storage Capacity
RENO, Nev., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, announces the successful commencement of commercial operations for its largest energy storage facility, the Bottleneck project....

Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2024 Financial Results
RENO, Nev., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its third quarter financial results in a press release that will be issued on...

Ormat Technologies Announces Strategic Leadership Changes
ORMAT EXPANDS MANAGEMENT TEAM TO SUPPORT ELECTRICITY SEGMENT GROWTH AND EGS INITIATIVES ARON WILLIS APPOINTED EXECUTIVE VICE PRESIDENT, ELECTRICITY SEGMENT DANIEL MOELK APPOINTED SENIOR VICE PRESIDENT, RESOURCES, DRILLING, & EGS RENO, Nev., June...

Ormat Technologies Reports Second Quarter 2024 Financial Results
HIGHLIGHTS TOTAL REVENUES FOR THE SECOND QUARTER INCREASED BY 9.3% YEAR-OVER-YEAR, WITH GROWTH REALIZED ACROSS ALL THREE OPERATING SEGMENTS INCREASED PROFITABILITY IN ALL SEGMENTS DROVE A 45% INCREASE IN OPERATING INCOME AND A 25% INCREASE IN...

Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2024 Financial Results
RENO, Nev., July 08, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its second quarter financial results in a press release that will be issued on Tuesday,...

Ormat Technologies Announces $62 Million Hybrid Tax Equity Partnership for Two Energy Storage Facilities
RENO, Nev., May 27, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced the signing of a $62 million Hybrid Tax Equity partnership with Morgan...

Ormat Technologies Awarded Tolling Agreements for Two Energy Storage Facilities in Israel
RENO, Nev., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), (“Ormat” or the “Company”) a leading geothermal and renewable energy technology company, today announced that it has won a tender issued by the Israeli Electricity...

Impact Analytics Partners with Lovisa To Deliver AI-Optimized Planning, Forecasting, Inventory Management and More
MELBOURNE, Australia and NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Impact Analytics™, the leader in end-to-end AI-native planning, merchandising and pricing solutions for the retail, grocery, and CPG industries, today announced that it has...

Ormat Technologies Signs 10-Year PPA With Calpine Energy Solutions for Up to 15MW of Carbon-Free Geothermal Capacity
RENO, Nev., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the signing of a 10-year Power Purchase Agreement (PPA) with Calpine Energy Solutions, one of...