Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2014 Earnings Results

RENO, Nev., April 23, 2014 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. ORA plans to announce its first quarter 2014 earnings results in a press release that will be issued on Thursday, May 8, 2014 after the market close. The Company has scheduled a conference call to discuss the results at 9 a.m. EDT on Friday, May 9, 2014.

The conference call will be broadcast live as a listen-only webcast. To listen to the call, please go to www.ormat.com approximately twenty minutes before the conference call is scheduled to begin. You will need to register, and may need to download and install the required audio software. An archived recording of the call will be made available on the website under IR Events & Presentation in the Investor Relations tab.

About Ormat Technologies

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 77 U.S. patents, Ormat's power solutions have been refined and perfected under the most grueling environmental conditions. Ormat has 480 employees in the United States and about 640 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 installed to utilities and developers worldwide, totaling over 1,750 MW of gross capacity. Ormat's current generating portfolio of 626 MW (net) is spread globally in the U.S., Guatemala and Kenya.

Ormat's 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 February 28, 2014.

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.