Thursday, June 25, 2009

FRUITION

The $1 billion Cash for Clunkers program has been wildly successful, driving sales of thousands of fuel-efficient new cars, including more than 1,000 in Hawaii. The Senate is considering putting another $2 billion into the program but critics say too much has been spent already.

COULDN'T HOIT

ANTAGONIST AS ALLY?



WHEN IT COMES TO MONEY, IT SEEMS SOME, IF NOT ALL, CAN GET ALONG.


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Archive
Date Title
05/21/09 Ormat Technologies Announces $42 Million Senior Debt Financing for the Amatitlan Geothermal Power Plant in Guatemala
05/11/09 Ormat Technologies, Inc. Reports Record First Quarter 2009 Results
04/08/09 Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2009 Earnings Results
03/23/09 Ormat Technologies Commissions the OREG-4 Peetz Project
03/09/09 Ormat Technologies, Inc. to Participate in the Merrill Lynch Cleantech Leaders Conference
03/06/09 Ormat Technologies Announces Closing of $105 Million Long-Term Senior Debt Financing for the Olkaria III Geothermal Power Project in Kenya
03/05/09 Ormat Technologies, Inc. Announces May 8, 2009 Annual Meeting of Stockholders
02/25/09 Ormat Technologies Reports Record Fourth Quarter 2008 and Year-End Results
02/12/09 Ormat Technologies Commissions the First Two Facilities of the OREG 2 Project
01/22/09 Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-end 2008 Earnings Results
01/21/09 Ormat Technologies Secures a $65 Million Contract for a New Geothermal Power Plant in Costa Rica
01/08/09 Ormat Technologies Signs a $105 Million Long-Term Senior Debt Financing for the Olkaria III Geothermal Power Project in Kenya
12/23/08 Amatitlan Geothermal Project in Guatemala Receives United Nations' Clean Development Mechanism Registration
12/04/08 Ormat Technologies Completes Kenyan Geothermal Project
11/05/08 Ormat Technologies, Inc. Reports Third Quarter 2008 Results
10/29/08 Ormat Funding Corp. Declares the Expiration and Effective Date of its Previously Announced Consent Solicitation
10/19/08 Geothermal Energy Improves U.S. Oil Recovery
10/16/08 Ormat Funding Corp. Announces Launch of Consent Solicitation
10/15/08 Ormat Technologies, Inc. to Participate in the Jefferies 6th Global Clean Technology Conference
10/08/08 Ormat Technologies Closes $100 Million Line of Credit
10/07/08 DOE Invests in Ormat Enhanced Geothermal System Research
10/06/08 Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2008 Earnings Results
10/05/08 Ormat Technologies has Completed the Upgrade of the Steamboat 2/3 Projects
09/17/08 Ormat Technologies, Inc. Files Universal Shelf Registration Statement
09/11/08 Ormat Technologies, Inc. Secures Geothermal Rights in Alaska
09/04/08 Nevada Geothermal Issues Full Notice to Proceed to Ormat for the Blue Mountain Faulkner 1 Power Plant
08/05/08 Ormat Technologies, Inc. Reports Second Quarter 2008 Results
07/10/08 Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2008 Earnings Results
07/01/08 Ormat Technologies Secures a $42 Million Contract for a Geothermal Power Plant in New Zealand
06/26/08 Ormat Technologies Secures a $16 Million Contract for a Geothermal Power Plant in Turkey






US and Israel Expect to Launch $20 Million Annual Energy Co-op Agreement At Eilat Conference



Puna Geothermal Venture: Hawaii's Geothermal StorySep 16, 2008 ... When Ormat Technologies, Inc. acquired Puna Geothermal Venture (PGV) on Hawaii Island in June 2004, the state's most reliable alternate ...
www.punageothermalventure.com/News/55/hawaiis-geothermal-story - Cached - Similar


Israeli envoy building bridges
Jacob Dayan lauds ventures with Hawaii, but sees extreme threats back home


By Christine Donnelly


POSTED: 01:30 a.m. HST, May 31, 2009

Among the ventures are Project Better Place, which has Hawaii as one of six sites worldwide pioneering electric car stations developed in Israel; and the Puna Geothermal Venture, the power plant acquired by the Israeli company Ormat Technologies Inc. in 2004.

Water management is among the areas Dayan sees as ripe for expanded partnerships.

"Water is a very big issue for Israel and for Hawaii," he said. "Israel recycles nearly 70 percent of its water, the most in the world. The second in Spain, at 20 percent."

Besides recycling water for agricultural and other uses, arid Israel makes the most of its meager water supply by using drip irrigation, operating the largest desalination plant in the world and choosing its crops wisely, Dayan said.

"We were exporting tomatoes, until we concluded that we were not just exporting tomatoes, we were exporting water! So what we did was develop special seeds and now we export those. And the seeds are much more profitable than the tomatoes ever were," he said.

Dayan said a water expert from Israel will present information to Lingle next month at the annual meeting of the Western Governors Association, in Park City, Utah.



Geothermal is receiving in 2009 under Obama, more funding then in the total of 20 previous years. A main beneficiary will be the Ormat Technologies company.

2 Comments:

Blogger Vernon said...



Background: Former Employees: Reid-Backed Firm Lied to Get Stimulus Cash

* * * * *

UPDATE: Geothermal Firm Sued Under False Claims Act

by Elizabeth Warmerdam, Courthouse News, March 26, 2015




http://www.hawaiifreepress.com/ArticlesMain/tabid/56/ID/14915/Lawsuit-Puna-Geothermal-Plant-at-Center-of-122M-Federal-Grant-Fraud.aspx?utm_source=March+29%2C+2015+News+from+Hawaii+Free+Press+&utm_campaign=March+29%2C+2015+Email&utm_medium=email

March 31, 2015 at 1:01 PM  
Blogger Vernon said...

"Tina Calilung and Jamie Kell filed the qui tam lawsuit against Ormat Industries in 2013 under the False Claims Act to recover money the Israel-based corporation allegedly obtained illegally from the American Recovery and Reinvestment Act of 2009, the economic stimulus package that distributed $831 billion in assistance to businesses.

At the center of the complaint are Ormat's two energy-producing geothermal plants known as North Brawley, in Imperial Valley, Calif., and Puna, in Hawaii."

March 31, 2015 at 1:07 PM  

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