Ormat Technologies Management Discusses Q1 2013 Results - Earnings Call Transcript (Seeking Alpha)
Yehudit Bronicki - Ormat Chief Executive Officer, Director, listed some of the "major milestones achieved since the beginning of the year [that] have a positive impact on our near and longer term future:
Replacement of 2 our Standard Offer #4 contract with higher rate fixed-price RDAs contract and new PPA provide those projects favorable returns, the signature of the joint operating contract and the energy sales contract in Sarulla. The commercial operation of Olkaria Plant 2, which increased our generating capacity to 611 MWe and the continued flow of new orders in our product segment, which brought our backlog to $224 million as of May 7, 2013".
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