CORRECTION -- Ormat Technologies Inc.
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Ormat Technologies Inc. issued a correction regarding a previous release. The original headline incorrectly stated '20MW/120MWH' instead of the correct '20MW/20MWH'. This error was introduced by GlobeNewswire.
December 30, 2024 | 5:00 pm
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NEGATIVE IMPACT
Ormat Technologies Inc. corrected a previous release, changing the capacity from '20MW/120MWH' to '20MW/20MWH'. This correction may affect investor perception and stock price.
The correction from '20MW/120MWH' to '20MW/20MWH' indicates a significant reduction in the energy storage capacity, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100