Ormat Technologies, Inc. (NYSE:ORA) announced financial results for the fourth quarter and full year ended December 31, 2011. For the year ended December 31, 2011, total revenues increased 17.1 percent from $373.2 million in 2010 to $437.0 million in 2011. Product revenues increased 39.0 percent to $113.2 million, up from $81.4 million in the year ended December 31, 2010. Electricity revenues increased by 11.0 percent to $323.8 million, up from $291.8 million in the year ended December 31, 2010. The 2011 results include a non-cash tax-related valuation allowance in the amount of approximately $61.5 million, which was recorded against the company's U.S. deferred tax assets.
Ormat Technologies, Inc., together with its subsidiaries, engages in the geothermal and recovered energy power business in the United States and internationally. The company operates in two segments, Electricity and Product.
Crown Equity Holdings Inc. (CRWE)
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Heaps of choice. You can choose from thousands of different products when you shop online, and are not limited to the few choices available at your local store. This is great for people in rural areas with few stores.
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Helps save the environment. If you purchase ebooks, rather than regular books you are helping to cut down on paper use. Any digital product does not have to be shipped to you, so you are also avoiding throwing away all that packaging.
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Crown Equity Holdings Inc. (CRWE.OB) www.crownequityholdings.com, announced that it has launched two new online service companies. CRWE Direct and CRWE Real Estate.
With expertise in online solutions and marketing, Crown Equity Holdings Inc. has launched CRWE Real Estate (www.crwerealestate.com) to provide a global portal for property listings at a fee of only $1 a day. The other is CRWE Direct (www.crwedirect.com), an online business-to-business (B2B) marketplace for manufacturers and small to large businesses to purchase various types of merchandise. Manufacturers may start downloading their product immediately, free of charge during the next six months. Thereafter, there will be various annual fees. The listing process and image loading for both sites are user-friendly.
Commenting on the launch, "The 2010 U.S. Census data shows estimates for B2B revenues transacted online at approximately US $300 billion," said Kenneth Bosket, Crown Equity Holdings Inc. President and CEO. "With B2B e-commerce on the rise, the launching of CRWE Direct, as well as CRWE Real Estate is a great opportunity."
Crown Equity Holdings Inc. offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness.
CRWE Direct is an international leader in wholesale business transactions between buyers and sellers worldwide.
CRWE Direct, a subsidiary of Crown Equity Holdings Inc., was created to bring business communities from similar and different continents together online, enabling a cost effective access point for bulk products to be bought, sold and shipped in a timely manner.
Buyers and sellers can register for free at CRWE Direct and get integrated immediately into the global business network with various advertising and marketing strategies at their disposal.
CRWEDirect is empowering small to mid-sized businesses to search a world of suppliers and manufacturers to create a custom-fit partnerships to make their business more successful.
Whether you're a new entrepreneur or an import/export pro, find the suppliers and manufacturers you need to help make your endeavor a success.
For more information about Crown Equity Holdings Inc., please visit: www.crownequityholdings.com
Pacific Drilling S.A. (NYSE:PACD) announced that the company's Chief Executive Officer, Christian J. Beckett, will participate in a panel discussion of the offshore drilling industry at the Simmons & Company International Twelfth Annual Energy Conference in Las Vegas, Nevada, on Friday, March 2, 2012.
Pacific Drilling S.A., an offshore drilling company, provides ultra-deepwater drilling services to the oil and natural gas industry through the use of drillships.
AU Optronics Corp. (NYSE:AUO) announced the launch of Green Ark Project. To promote green, energy saving, and zero electronic waste concepts. AUO's Green Ark Project includes the continuous practice of green innovation within AUO by targeting a 25% reduction of carbon emissions in all fabs by 2015. Meanwhile, AUO devotes itself to encouraging green thinking among students and sharing the world's leading green experiences with industry players. By working together with the industry and academia, AUO continuously makes efforts in environmental sustainability.
AU Optronics Corp. researches, develops, produces, and sells thin film transistor liquid crystal displays (TFT-LCDs) and other flat panel displays to original equipment manufacturing service providers.
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