Sky Reflected in Solar Panel Installation Generally, other than solar thermal, we have been less than impressed with the “businesses” in the solar (pv/thin film) segment. The products are expensive, the business models opportunistic, and the conversation revolves around which technology is best while other harvest methods leave the segment in the dust. It looks […]
Last week Ormat announced a solid quarter with revenues $79.5M, up 2% Y/Y and earnings of $15.8M up 13% Y/Y. Details of the earnings announcement are available in this press release. Dita Bronicki reaffirmed guidance for the year and the quarter and the stock has responded well in the market place. For the year, Ormat […]
Yesterday I had lunch in downtown Mountain View, California before a business meeting. I like the area, lots of smart people roaming around, good startup energy, diversity of culture and people – what’s not to like? Also, there are a number of good, relatively cheap restaurants. It doesn’t get the press of Palo Alto though […]
6 month Ormat (ORA) Stock Chart Today, despite the earlier dilution from a secondary offering on the public market, Ormat’s market capitalization has surged past $2B. That puts the P/E ratio at nearly 95 trailing twelve months. Ormat is a good company in a hot market. But, does the company’s performance justify this sort of […]
It was an idea full of promise, but it simply didn’t deliver. Consequently, we say goodbye to Blogrush, the ineffective tool for driving blog traffic. It’s been a good run. It’s too bad, there was promise in the approach and it’s clear the people involved have worked hard to make it a reality. Unforunately, the […]