‘Ormat’ Wins $61M Geothermal Power Project In North America

Ormat Technologies announced that Ormat Nevada, its wholly owned subsidiary, was selected to supply a $61.2 million engineering, procurement and construction contract through a competitive bid process. Under the expected contract, which is currently under negotiation, Ormat will provide two air-cooled Ormat Energy Converters for a geothermal power plant project in North America. The project is expected to be completed by the end of 2013. Ormat Technologies develops and operates geothermal and recovered energy-based power plants around the world.