Ormat firing on all cylinders, posts Q1 profit of $8m

Geothermal giant Ormat Technologies doubled its gross margin and returned to profitability in the first quarter on improvements to its geothermal plants and a full pipeline of equipment business.

Ormat firing on all cylinders, posts Q1 profit of $8m
Published 11 May 2012, 16:47Updated 26 September 2016, 14:33
Geothermal