We had an interview about Ormat's activities and future projects with Gad Shoshan, Marketing Director of the company, which is engaged in the geothermal and recovered energy power business. ORMAT"' ' "Geothermal Technology as the Most Sustainable and Secure Energy Source" * As the representative of Ormat, could you teli us a bit about your company? What is your focus area? lnvestment? Studies? O rmat is a leading verticaliy integrated company engaged in the geothermal and recovered energy power business. We design, develop, build, own and operate clean, environmentally friendly geothermal and recovered energy-based power plants, in each case using equipment that we design and manufacture. We conduct our business activities in two business segments. in our Electricity Segment, we develop, build, own and operate geothermal and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world and seli the electricity they generate. in our Products Segment, we design, manufacture and seli equipment for geothermal and recovered energy-based electricity generation, remote power units and other powergenerating units and provide services relating to the engineering, procurement, construction, operation and maintenance ofgeothermal and recovered energy power plants. Ormat's mission is to maintain its leadership position in the growing geothermal, recovered energy generation, and renewable energy business. Our company profile could be highlighted by the foliowing points: t A leading company in thegeothermal power industry with more than two decades of proven expertise in geothermal and recovered energy powergeneration (REG) t A publicly traded U.S. corporation headquartered in Reno, Nevada and listed on the NYSE under the symbol "ORA" t Third largest geothermal power producer in the United States t Built or supplied equipment for approximately 900 MW (*) ofgeothermal and REG power plants and delivered over 2600 remote power units t Owns and operates atotal of approximately 418 MW (*) geothermal and recovered energy-based power generating capacity in the US, Guatemala, Nicaragua, Kenya and the Philippines t Ormat has approximately 280 MW <•> of additional geothermal power and REG power capacity under various construction and development stages t Active presence in all major geothermal markets t Field proven reliability record in 71 countries on 6 continents for our entire products line t Multidisciplinary technological leadership <•ı as ofMarch 2007 • What are the bene'(its and drawbacks of using geothermal energy for heating and/or generating electricity? How efficient is electricity generated from ge�thermal sources? Do you work with other alternative energy generation systems? 1 ENERJi 0ÜNYASI NiSAN 2007 ♦ - 5 -2--1======-=-========:::::::::_--============- "Enerjide Sürdürüleblli�ik ve Küreselleşme: Verimlilik, Emisyonlar,Yeni PiyasaOluşumlan"
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