Ormat Technologies, Inc. to Present at the Bank of America Merrill Lynch Alternative Energy Forum

RENO, Nev., May 27 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. today announced that it will be participating in the Bank of America Merrill Lynch Alternative Energy Forum on June 3, 2010 in New York.

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Dita Bronicki, Chief Executive Officer will provide an overview of the business and financial highlights at 1:45 p.m. The event will be available via live, listen only webcast. To access the live event, visit the Company's website at http://www.ormat.com/ and click on 'Event Calendar' under the Investor Relations heading. The presentation will be archived for up to 90 days following the conference.

About Ormat Technologies

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 75 U.S. patents. Ormat has engineered and built power plants, that it currently owns or has supplied to utilities and developers worldwide, totaling approximately 1300 MW of gross capacity. Ormat's current generating portfolio includes the following geothermal and recovered energy-based power plants: in the United States - Brady, North Brawley, Heber, Mammoth, Ormesa, Puna, Steamboat, OREG 1, OREG 2 and Peetz; in Guatemala - Zunil and Amatitlan; in Kenya - Olkaria III; and, in Nicaragua - Momotombo

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 March 8, 2010.

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.

Ormat Technologies Contact: Investor Relations Contact: Dita Bronicki Marybeth Csaby/Rob Fink CEO and President KCSA Strategic Communications [phone] 212-896-1236 (Marybeth)/212-896-1206 (Rob) [e-mail] [e-mail] / [e-mail]

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Ormat Technologies, Inc.

CONTACT: Dita Bronicki, CEO and President of Ormat Technologies,
[phone], [e-mail]; or Investor Relations, Marybeth Csaby,
[phone], [e-mail], or Rob Fink, [phone],
[e-mail], both of KCSA Strategic Communications, for Ormat Technologies,
Inc.

Web Site: http://www.ormat.com/