Originally posted at Montara Energy Ventures. Last week Ormat reported results from the quarter: $84.1M in total revenue and $8.5M in net income. The quarter presented a good news/bad news scenario for investors. The good, electricity production is back on track after an earlier miss this year, revenue increased overall, and there are signs of […]
Originally posted at Montara Energy Ventures: In the past few days, North Carolina and Illinois have joined the 21 other states (and the District of Columbia) in adopting renewable portfolio standards. The basic idea behind an RPS is that a certain percentage of electricity must be delivered by renewable resources within some time frame. The […]
Originally posted at Montara Energy Ventures: Tesla Coupe From CNN: LOS ANGELES (Reuters) — Tesla Motors’ all-electric Roadster sports car will start rolling out to nearly 600 buyers lined up for the $100,000 vehicle by October or November, after a slight delay, the company’s chief said on Tuesday. “We will definitely ship in that time […]
Originally posted at Montara Energy Ventures Italcementi Cement Plant Yesterday, Ormat announced a $5.7M deal with Italcementi Group to be installed at a Martinsburg, West Virginia cement plant. While the total size of the plant in MW was not disclosed, we believe it to be in the 3.5MW range. This marks another win in Ormat’s […]
Originally posted at Montara Energy Ventures. Mercedes Hydrogen Concept Car Via Renewable Energy Access: I’m going to make a prediction today: you will never drive a hydrogen fueled car. Although hydrogen does indeed have some benefits in certain applications, it’s my task today to separate the reality of useful fuel cells from the hydrogen hype. […]