from the July 2006 issue

Ormat to build three plants in Canada

Recovered energy company Ormat Technologies Inc. (NYSE:ORA) said it received $29 million in supply and construction orders to build three facilities in Western Canada. The orders, placed with two Ormat subsidiaries, entail building recovered energy generation plants. The plants use technology to convert recovered heat from the exhaust of gas turbines into electric power. The emission-free plants are expected to be completed in 2007 or early 2008.

Reprinted from the Israel High-Tech & Investment Report July 2006

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