Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-end 2007 Earnings ResultsCall Will be Webcas

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RENO, Nevada,  January 30, 2008- Ormat Technologies, Inc. (NYSE: ORA) plans to announce its fourth quarter and year-end 2007 earnings results in a press release that will be issued on Tuesday, February 26, 2008. The Company has scheduled a conference call to discuss the results at 9 a.m. EST on Wednesday, February 27, 2008.

The conference call will be broadcast live as a listen-only webcast. To listen to the call, please go to www.ormat.com

approximately twenty minutes before the conference call is scheduled to begin. You will need to register, and may need to download and install the required audio software. The webcast will be archived for 30 days following the call.

About Ormat Technologies

Ormat Technologies, Inc. is a vertically integrated company primarily engaged in the geothermal and recovered energy power business. The Company designs, develops, builds, owns and operates geothermal and recovered energy-based power plants. Additionally, the Company designs, manufactures and sells geothermal and recovered energy power units and other power generating equipment, and provides related services. Ormat products and systems are covered by more than 70 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 - Olkaira; and in Nicaragua - Momotombo

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 12, 2007 and the Prospectus Supplement filed with the Securities and Exchange Commission on October 23, 2007.

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.

News Source : Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-end 2007 Earnings ResultsCall Will be Webcast Simultaneously