“During the first quarter we accelerated construction of the second phase of the Don A. Campbell project, and as a result, we expect to begin generating electricity towards the end of 2015, approximately three months ahead of schedule,” said Isaac Angel, chief executive officer of Ormat.
“We also began executing a multi-year plan to set the stage for our next growth phase,” continued Mr. Angel. “Central to this plan is our focus on expanding our geographic reach. We are also focused on technology diversification, capturing a larger share of the high temperature geothermal resource market with our proven binary system. I am increasingly excited about the opportunities before us, and believe Ormat is uniquely positioned to succeed in the evolving renewable energy market.”
Ormat, a GRC Member company, will be exhibiting at the GRC Annual Meeting & GEA Geothermal Energy Expo, September 20-23 at the Peppermill Resort Spa Casino, Reno, Nevada, USA.
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