Ormat Technologies has Completed the Upgrade of the Steamboat 2/3 Projects

Ormat Technologies, Inc. announced the successful completion of the Steamboat 2/3 upgrade project. The upgrade included the replacement of the 4 Rotoflow centrifugal expenders originally installed at these plants with direct drive gearless 11 MW axial turbines each designed and manufactured by Ormat specifically for geothermal use.

“With the completion of this project with field proven turbines we expect to see major improvement in performance and availability of the two facilities which have been plagued with high maintenance costs and low run time of these turbines for most of their operating history,” said Yoram Bronicki, President and Chief Operating Officer of Ormat Technologies. “This project is another demonstration of Ormat’s unique capabilities, enabling us to complete the re-powering of an operating facility with limited downtime to the old equipment.”

Ormat Technologies, Inc. is the only vertically-integrated company primarily engaged in the geothermal and recovered energy power business. The Company designs, develops, owns and operates geothermal and recovered energy-based power plants around the world. Additionally, the Company designs, manufactures and sells geothermal and recovered energy power units and other power-generating equipment, and provides related services. The Company has more than four decades of experience in the development of environmentally-sound power, primarily in geothermal and recovered-energy generation. Ormat products and systems are covered by more than 75 patents. Ormat currently operates the following geothermal and recovered energy-based power plants: in the United States – Brady, Heber, Mammoth, Ormesa, Puna, Steamboat and OREG 1; in Guatemala – Zunil and Amatitlan; in Kenya – Olkaria; and in Nicaragua – Momotombo.