Ormat Technologies, Inc. Announces May 8, 2014 Annual Meeting of Stockholders

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RENO, Nev., March 3, 2014 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. ORA is pleased to announce that its 2014 annual meeting of stockholders will be held on Thursday, May 8, 2014 at 1:30 P.M. local time at the offices of Chadbourne & Parke LLP, 30 Rockefeller Plaza, New York, New York.

A Notice of Internet Availability of Proxy Materials, including details of the annual meeting, will be mailed to stockholders of record as of March 18, 2014. Only stockholders of record at the close of business on that date will be entitled to vote at the meeting.

About Ormat Technologies, Inc.

With over four decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company solely 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. With over 82 U.S. patents, Ormat's power solutions have been refined and perfected under the most grueling environmental conditions. Ormat has over 500 employees in the United States and about 600 overseas. Ormat's flexible, modular solutions for geothermal power and REG are ideal for the vast range of resource characteristics. The company has engineered, manufactured and constructed power plants, which it currently owns or has supplied to utilities and developers worldwide, totaling over 1750 MW of gross capacity. Ormat's current generating portfolio is spread globally in the U.S., Guatemala and Kenya.

CONTACT: Ormat Technologies Contact: Dita Bronicki CEO 775-356-9029 dbronicki@ormat.com Investor Relations Contact: Rob Fink/Brad Nelson KCSA Strategic Communications 212-896-1206 (Fink)/212-896-1217 (Nelson) rfink@kcsa.com / bnelson@kcsa.com

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