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Paul Mampilly’s Prof How to Make 1,000% in America’s Next Energy Megatrend

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Page 1: How to Make 1,000% in America’s Next Energy Megatrend · How to Make 1,000% in America’s Next Energy Megatrend ... could use this fuel for power. ... first began using this energy,

Paul Mampilly’s

Prof

How to Make 1,000% in

America’s Next Energy Megatrend

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How to Make 1,000% in America’s Next Energy Megatrend

By Paul Mampilly, Editor of Profits Unlimited

AT 4:10 p.m. EDT on Thursday, August 14, 2003, the lights went out in New York City.

That hum, which we now take for granted in modern life, of refrigerators, air conditioning, fans, computers, printers and office equipment was suddenly gone.

The near-constant cacophony of traffic was silent.

I was on Fifth Avenue in Midtown Manhattan, New York City, when it happened … the Great Blackout of 2003.

This was before smartphones, so no one knew what was going on.

By 6 p.m., we learned by listening to battery-operated radios that the biggest power outage in U.S. history had occurred. An estimated 55 million people in seven U.S. states and Ontario province in Canada were affected.

No power meant no subway service. I walked seven miles back to my apartment in Brooklyn.

People slept outside on the sidewalk because they could not walk up the stairs to their apartments that were 30 or 40 floors up.

I wondered what would happen in Brooklyn that night. In the 1977 blackout, there were riots and looting through Brooklyn, with entire blocks set on fire not far from where my apartment was.

This time, people left candles outside to help people see. Neighbors gave food to people with kids and helped the elderly into their houses. The New York Police Department reported less crime on that day than the same day the previous year with power. It was a shining moment of my time in New York.

However, the blackout of 2003 showed how badly maintained and out of date our power infrastructure was. Investigations conducted by Congress showed that there were no common standards for maintenance and upkeep. And that the conditions for a blackout event of this scale had been building for some time.

This year, Donald Trump has promised to spend $1 trillion on infrastructure, and our electricity/power infrastructure stands to benefit.

Preparing for the Power ShiftMuch of our current power and electricity infrastructure has its roots in the Electricity Act of 1926 and the

Rural Electrification Act of 1936. Back then, we were transitioning to an industrial economy, and without government spending on the electrification of the country, there was no way you could put up a factory in most small or midsized cities and towns.

Today, we’re at a similar moment where it’s absolutely critical for us to reorient our electric power infrastructure to take advantage of new technology.

A blackout similar to the one in 2003 would be disastrous in an Internet of Things economy. Blackouts

Prof

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mean big losses for most businesses who rely on computers and the Internet to do everything from inventory to billing to sending out money.

I believe that in the next three to five years, virtually everything we make is going to be using Internet of Things technology — sensors, data collection, Big Data analysis — to run factories that manufacture everything from cars to cakes.

Already, electric companies have begun preparing themselves for the Internet of Things economy. Many are putting sensors online at critical power junctions so that they have real-time data on the condition of this infrastructure. Companies are spending money to collect data on usage patterns to reduce costs.

Encouraging these efforts so that we know exactly how much power is being used, where and at what time, is going to help us use electricity more efficiently and safely … and it’ll cost us less.

For example, Enlighted, a Silicon Valley energy technology company, said its company’s clients are saving as much as 60% to 70% on lighting and 20% or 30% on heating and air conditioning from these kinds of infrastructure spending.

Those are big savings: However, it doesn’t address two massive problems with the whole energy system. First is the fact that we simply don’t have enough of the old-fashioned energy — oil, natural gas — for the Internet of Things economy. Second, people are pushing for a different way to generate energy, one that doesn’t heat our planet or pollute our air and water.

So, the time is right for us to tap into what is the world’s largest, cleanest and best energy source. One that, if harnessed correctly, can provide power to everyone all over the world, without having to fight for scarce oil and natural gas and carbon-based energy sources. And this same energy source is the only one I know that truly is completely natural with no waste at all generated as a result of consuming it.

And in this report, I’m going to tell you about the one company that is at the forefront of bringing this energy source to people around the world.

A New Energy SourceThere’s a powerful source of energy that’s waiting to be tapped

beneath the Earth’s surface — and it’s cleaner, cheaper and more abundant than oil, coal and every other fossil fuel.

It’s a relatively unknown energy that is under the Empire State Building in New York City, beneath the roller coaster rides at Disney World in Orlando, below the Sears Tower in Chicago and under the shiny lights of the Las Vegas Strip.

What’s more, this energy is so expansive and untouched, the Earth Policy Institute recently reported that there’s “50,000 times more [of this] energy contained in the first six miles of the Earth’s crust than in all the planet’s oil and natural gas resources.”

That’s enough energy to power the United States for the next 30,000 years. Goldman Sachs says this is a “power that’s virtually inexhaustible.”

The Los Angeles Times says this massive ocean of energy “may be the most prolific renewable fuel source that most people have never heard of.”

Mark Taylor, one of America’s top experts with New Finance Energy, calls this opportunity “the new gold rush.”

James Prescott Joule’s calorimeter was used to discover an infinite supply of energy.

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It’s called geothermal energy.

James Prescott Joule, an English physicist, was the genius who discovered this fuel’s power. His work led to the law of conservation of energy, which led to the first law of thermodynamics.

In 1845, Joule discovered an infinite supply of energy using a device called a calorimeter.

Unfortunately, Joule’s work was met with much skepticism within the scientific community because his findings needed one to believe that atoms and molecules exist, but their existence was not widely accepted for another 50 years.

Without getting too scientific...

The universe is made up of matter and energy. Matter consists of atoms and molecules. Energy causes atoms and molecules to always be in motion … by either bumping into one another or vibrating back and forth.

The motion of atoms and molecules creates energy.

An energy that emits no greenhouse gases; that’s not radioactive; can’t be spilled; can’t be seen; has no taste or smell; weighs nothing; and its price never fluctuates.

And unlike oil or natural gas, no infrastructure is needed to pipe or transport this energy. You simply drill straight down and can start using it in your home or at your business right away.

The energy Joule discovered — that’s created when atoms and molecules collide — is all around us. It’s in your home, your car and your office. It’s practically everywhere.

Yet it’s the most underutilized renewable energy on the planet.

I’m talking about energy that is generated from heat within the Earth, from a layer of hot molten rock called magma, where heat is continually produced and where temperatures can range from 900 to 4,500 degrees Fahrenheit.

This energy is often called geothermal energy.

A Massachusetts Institute of Technology (MIT) study reveals there is enough heat energy beneath the Earth’s surface in the hard-rock layer to meet the world’s power needs for 30,000 years.

And the U.S. Energy Information Administration reports that “the amount of heat within 10,000 meters (about 33,000 feet) of Earth’s surface contains 50,000 times more energy than all the oil and natural gas resources in the world.”

Until recently, this heat could only be brought to the surface from natural springs or geysers, which greatly limited our ability to harness the earth’s natural energy. But one company has developed some unique technology to allow it to tap this massive energy source.

Using Geothermal Energy TodayWhile most people have never heard of geothermal energy, many cities and countries have already started to

harness this power source.

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In 2014, San Francisco got 60% of its energy from this fuel.

And New York City Mayor Bill de Blasio loves this fuel so much he recently signed a bill that legally requires the city to utilize this energy source in all new construction and requires retrofits to city-owned buildings.

Already the Brooklyn Botanic Gardens, the Bronx Zoo, the Statue of Liberty and St. Patrick’s Cathedral have begun tapping this reserve for energy. Geologist John Rhyner estimates that over 2.5 million New Yorkers could use this fuel for power.

In China, this fuel’s usage is growing exponentially. Since 2006, when Xianyang city of Shaanxi province first began using this energy, it provided heat and electricity for 1 million square meters of living space. Today, it’s being used in over 30 million square meters of residential space.

China General Nuclear Power Group, the country’s largest nuclear power operator, is considering a $3 billion investment into this remarkable fuel.

In Paris, France, this fuel is now used to heat 170,000 homes, and it will heat a new resort being developed near Disneyland Paris.

The New York Times reports that “France is making a new push to develop [this] energy. The goal is to reduce carbon emissions … while ensuring the nation’s energy independence.”

Even less developed countries such as Costa Rica are jumping in. It already gets 15% of its power from this energy, and it’s investing $958 million to begin tapping this fuel nationwide.

A Massive Energy DisruptionThe key thing to remember is that this new technology stands to be completely disruptive to the energy

industry. We’ve seen instances of important disruptions to this industry in the past that resulted in massive profits for those who were smart enough to take advantage of it.

For example, Walter Trout first invented the pumpjack in 1925 — a massive disruptor to the oil industry. In short, it allows operators to extract oil that would otherwise remain untapped and extends the life of a well by several years.

The Trout family made a $3.3 billion fortune.

Or how about Howard Hughes Sr.? He created the drill bit that allowed for drilling through underground granite. Machinery could now bore thousands of feet into a well.

His company, Hughes Tool Co., which was left to his son Howard Hughes Jr. upon his untimely passing in 1924, held the patent on the tricone rotary bit for 17 years. During this time, Hughes’ market share was nearly 100%.

Howard Hughes Jr. made his $43 billion fortune.

And then, of course, we have John D. Rockefeller — the man behind the oil pipeline, which became the most efficient way to transport oil.

Rockefeller knew that by owning the pipelines, he could control how much was paid for the oil that went into his refineries. By 1882, Rockefeller’s company, Standard Oil, controlled some 90% of America’s refineries and had over 4,000 miles of pipelines.

Standard Oil became the world’s first great industrial monopoly, and in today’s dollars, Rockefeller’s wealth would be $318 billion.

Only heat mining has the potential to be much bigger than Big Oil.

And I’ve discovered a little-known company that is at the forefront of it all. It has the game-changing technology that harnesses this energy and converts it into electricity.

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Make no mistake, this relatively unknown Midwestern company is positioned to disrupt the entire energy industry. It could be bigger than ExxonMobil, Chevron and Shell Oil combined, and make investors John D. Rockefeller-type fortunes.

Experience and InnovationWith more than five decades of experience, Ormat Technologies (NYSE: ORA) is the single best company

to own to benefit from the swell of interest in geothermal energy.

The company owns the entire value chain associated with geothermal energy — it runs plants, it makes equipment, and it also engineers and constructs plants. It’s the only vertically integrated (meaning it does everything) geothermal energy provider in the world, and because of that, its business is benefiting enormously and its stock price is soaring.

Headquartered in Reno, Nevada, Ormat has experience in the development of state-of-the-art, environmentally sound power solutions. The company designs, develops, builds, owns and operates geothermal and recovered energy-based power plants. The massive knowledge base gained from these operations gives Ormat a competitive edge by enabling efficient maintenance and timely response to operational issues.

Furthermore, the company designs, manufactures and sells power-generating equipment as well as complete power plants on a turnkey basis.

Ormat has installed more than 2,000 megawatts (MW) of gross capacity worldwide. With more than 1,000 employees worldwide, the firms owns and operates a generating portfolio of nearly 700 MW in the U.S., Guatemala and Kenya, and continues to advance its renewable energy portfolio and services.

Until recently, this heat could only be brought to the surface from natural springs or geysers, which greatly limited our ability to harness the earth’s natural energy.

But now, thanks in no small part to this innovative company — and its remarkable heat-mining technology — this nearly infinite supply of energy under our feet … can start being tapped to power millions of homes, office buildings, airports ... and so much more.

Harnessing the HeatThere are several different sources or methods of obtaining geothermal energy.

Hydrothermal geothermal electricity generation. Hydrothermal geothermal energy is created from naturally occurring hydrothermal reservoirs that are formed when water comes sufficiently close to hot rock to heat the water to temperatures of 300 degrees Fahrenheit or more. The heated water rises to the surface of the earth where it can be extracted by drilling geothermal wells.

Geothermal production wells are normally located within several miles of the power plant, since it’s not economically viable to transport geothermal fluids over longer distances due to heat and pressure loss. The geothermal reservoir is a renewable source of energy if natural groundwater sources and reinjection of extracted geothermal fluids are adequate over the long term to replenish the geothermal reservoir following the withdrawal of geothermal fluids and if the well field is properly operated.

Geothermal power plants typically have higher capital costs (primarily as a result of the costs attributable to well field development) but tend to have significantly lower variable operating costs (principally consisting of maintenance expenditures) than fossil fuel-fired power plants that require ongoing fuel expenses.

In addition, because geothermal power plants produce weather-independent power 24 hours a day, the variable operating costs are lower.

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EGS. An EGS is a subsurface system that may be artificially created to extract heat from hot rock where the permeability and aquifers required for a hydrothermal system are insufficient or nonexistent.

A geothermal power plant that uses EGS techniques recovers the thermal energy from the subsurface rocks by creating or accessing a system of open fractures in the rock through which water can be injected, heated through contact with the hot rock, returned to the surface in production wells and transferred to a power unit.

Co-produced geothermal energy from oil and gas fields, geopressurized resources. Hot water as a by-product of oil and gas extraction is another source of geothermal energy. When oil and gas wells are deep, the fluids are often at high temperatures, and if the water volume is significant, the hot water can be used for power generation in equipment similar to a geothermal power plant.

Geothermal Power Plant TechnologiesOrmat Technologies’ geothermal power plants employ a proprietary technology of combined geothermal

cycle systems. Most geothermal power plants generally employ either binary systems or conventional flash design systems. Let’s take a quick look at each system:

• Binary SystemIn a binary system, geothermal fluid (either hot water [also called brine] or steam or both) is extracted from the underground reservoir and flows from the wellhead through a gathering system of insulated steel pipelines to a vaporizer that also heats a secondary working fluid. This is typically an organic fluid, such as pentane or butane, which is vaporized and is used to drive the turbine.

The organic fluid is then condensed in a condenser which may be cooled directly by air or by water from a cooling tower and sent back to the vaporizer. The cooled geothermal fluid is then reinjected into the reservoir.

You can see a diagram of Ormat’s air-cooled binary geothermal power plant below.

• Flash Design SystemWith the flash design, geothermal fluid is extracted from the underground reservoir and flows from the wellhead through a gathering system of insulated steel pipelines to flash tanks and/or separators. There, the

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steam is separated from the brine and is sent to a demister, where any remaining water droplets are removed. This produces a stream of dry saturated steam, which drives a steam turbine generator to produce electricity.

In some cases, the brine at the outlet of the separator is flashed a second time (dual flash), providing additional steam at lower pressure used in the low-pressure section of the steam turbine to produce additional electricity.

Steam exhausted from the steam turbine is condensed in a surface or direct contact condenser cooled by cold water from a cooling tower. The noncondensable gases (such as carbon dioxide) are removed by means of a vacuum system in order to maintain the performance of the steam condenser.

The resulting condensate is used to provide makeup water for the cooling tower. The hot brine remaining after the separation of steam is injected (either directly or after passing through a binary plant to produce additional power from the residual heat remaining in the brine) back into the geothermal resource through a series of injection wells.

The flash technology is shown in the diagram below.

In some instances, the wells directly produce dry steam, and the steam is fed directly to the steam turbine with the rest of the system similar to the flash power plant described above.

Ormat’s proprietary technology can be used in power plants operating either alone or in combination with various other commonly used thermodynamic technologies that convert heat to mechanical power, such as gas and steam turbines. It can be used with a variety of thermal energy sources, such as geothermal, recovered energy, biomass, solar energy and fossil fuels.

Specifically, Ormat’s technology involves original designs of turbines, pumps and heat exchangers, as well as formulation of organic motive fluids (all of which are non-ozone depleting substances).

Through advanced computerized fluid dynamics and other computer-aided design software as well as its other test facilities, Ormat seeks to improve power plant components, reduce operations and maintenance costs, and increase the range of its equipment and applications. It is always examining ways to increase the

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output of its plants by utilizing evaporative cooling, cold reinjection, performance simulation programs and topping turbines.

In the geothermal as well as the recovered energy (waste heat) areas, it is examining two-level and three-level energy systems and new motive fluids.

The company also developed, patented and constructed geothermal combined cycle units (GCCU) power plants in which the steam first produces power in a backpressure steam turbine and is subsequently condensed in a vaporizer of a binary plant, which produces additional power.

Ormat’s geothermal combined cycle technology is shown in the diagram below.

Ormat’s technology offers numerous advantages over conventional geothermal steam turbine plants.

Typically, a conventional geothermal steam turbine plant uses massive amounts of water, draining the aquifer and requiring cooling water treatment with chemicals, and thus a need for the disposal of such chemicals.

A conventional geothermal steam turbine plant also creates a significant visual impact in the form of an emitted plume from the cooling towers, especially during cold weather.

By contrast, Ormat’s binary and combined cycle geothermal power plants have a low profile with minimum visual impact and do not emit a plume when they use air-cooled condensers. Its binary and combined cycle geothermal power plants reinject all of the geothermal fluids utilized in the respective processes into the geothermal reservoir. As a result, such processes generally have no emissions.

In addition, Ormat’s technologies include simplicity of operation, easy maintenance and higher yearly availability. For instance, the Ormat Energy Converter (OEC) employs a low-speed and high-efficiency organic vapor turbine directly coupled to the generator, eliminating the need for reduction gear.

Also, with Ormat’s binary design, there is no contact between the turbine blade and geothermal fluids, which can be very corrosive and erosive. Instead, the geothermal fluids pass through a heat exchanger, which is less susceptible to erosion and can adapt much better to corrosive fluids.

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With the organic vapor condensed above atmospheric pressure, no vacuum system is required. Ormat uses the same elements of its technology in its recovered-energy products. The heat source may be exhaust gases from a Brayton cycle gas turbine, low-pressure steam or medium-temperature liquid found in the process industries such as oil refining and cement manufacturing.

In most cases, Ormat attaches an additional heat exchanger in which it circulates thermal oil or water to transfer the heat into the OEC’s own vaporizer in order to provide greater operational flexibility and control. Once this stage of each recovery is completed, the rest of the operation is identical to that of the OECs used in Ormat’s geothermal power plants and enjoys the same advantages of using the Organic Rankine Cycle.

Furthermore, Ormat’s technology allows for better load following than conventional steam turbines, requires no water treatment (since it is air-cooled and organic-fluid motivated), and does not require the continuous presence of a licensed steam boiler operator on site.

You can see a diagram of a geothermal combined cycle power plant below.

Beating the StreetIn addition to having cutting-edge technology that will disrupt the entire energy industry, Ormat

Technologies is currently a financially sound company that has been greatly overlooked by Wall Street … but that will soon change.

Ormat will soon announce its earnings for all of 2016, but for 2015, the firm says total revenue swelled by 6.3% on a year-over-year basis to a record $595 million. This growth was driven by a 23% increase in its products segment, resulting in $219 million in revenue. The company’s electricity segment also reported $376 million in revenues, overcoming headwinds related to commodity prices, impacting both the firm’s revenue and margin in the segment.

What’s more, the firm foresees another record year in 2016.

Ormat expects full-year 2016 total revenue of between $637 million and $647 million. That’s an increase of 7.1% to 8.7% over the same period a year ago.

Despite the company’s consistent track record of stellar growth, Wall Street is remaining cautious. Too

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cautious, in fact. For 2017, Wall Street is forecasting revenue of approximately $670 million. That’s an increase of just 3.9% over 2016’s expected revenue of $645 million.

When Ormat crushes those expectations, the stock is going to skyrocket as more investors jump on this great opportunity.

In addition, Ormat has commenced commercial operation of three new power plants with an aggregate capacity of over 90 MW, bringing its portfolio to nearly 700 MW.

The company’s investments, as well as ongoing development and construction of new projects, continue into 2017, and when complete, projects under development are expected to add between 160 and 190 MW of generation capacity by 2018. While much of that capacity will come from new plants, Ormat will also continue to focus on expanding existing high-performing facilities, helping it maximize its return on investment while reducing risk.

Ormat started construction of the Platanares geothermal project in Honduras, and tests conducted in December 2015 support the firm’s decision to construct a 35 MW project, which is larger than initially estimated. This project is expected to reach commercial operation by the end of 2017.

In addition, Ormat signed agreements to acquire, gradually, 85% of a geothermal power plant in the Island of Guadeloupe with existing operations and expansion potential of up to 45 MW.

Additionally, in early 2016, Ormat announced two new development sites in Nevada. These two projects, Tungsten Mountain and Dixie Meadows, are each expected to generate 25 to 35 MW once they come online in 2017 or 2018.

Some other great recent developments reported by Ormat include:

• Electricity generation increased 8.6% to 4.8 million MWh, driven by the contribution of expansions of

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the Don A. Campbell and McGinness Hills power plants in Nevada.

• It signed a milestone collaboration with the Toshiba Corporation to develop strategic opportunities for collaboration in the areas of geothermal power generation systems and related equipment.

• It won a competitive bid to fulfill a $98.8 million EPC contract for a geothermal project in Chile scheduled to be completed by mid-2017.

Ormat’s VisionOrmat maintains three key objects: to focus its efforts on profitable growth by enhancing existing

operations; to continue diversification of technologies by deepening the geothermal penetration; and to expand its geographical reach.

The company has made steady improvements in all aspects of its value chain, reducing costs and increasing efficiencies. As a result, Ormat significantly improved its gross margin and adjusted EBITDA margin, and lowered initial capital expenditures per MW.

In terms of expanding its technological and geographical base, Ormat announced a milestone collaboration with Toshiba as well as its Guadeloupe acquisition.

The company also plans to leverage its technological capabilities over a variety of renewable energy platforms, including solar power generation and energy storage. To that end, Ormat recently announced that it will acquire Viridity Energy, a privately held Philadelphia-based company with nearly a decade of expertise and leadership in demand response, energy management and storage. The acquisition marks Ormat’s entry into the growing energy storage and demand response markets. Ormat expects Viridity to generate a positive operating income in 2017.

Founded in 2008, Viridity has under contract over 850 MW across 3,000 sites, including management of a portfolio of nonutility storage assets located in the Northeastern U.S., with over 80,000 operational market hours.

Isaac Angel, Ormat’s CEO, commented:

This is an important strategic acquisition which combines Viridity’s technology, its customer base, its highly experienced leadership team and employees that have in-depth knowledge and significant expertise in the demand response and energy storage and its presence in key North American markets together with Ormat’s skills, resources, engineering strengths and access to capital.

By leveraging the strength, stability, resources, EPC capabilities and global reach of Ormat, we expect to unlock significant new value for Ormat and its shareholders in the demand response and energy storage markets and generate incremental revenue and operating income.

Energy storage continues to be one of the fastest-growing segments of the broader energy industry, set to reach an overall installed power capacity of 143.7 GW and a cumulative global market size of $162.3 billion in the next 10-year period, according to Navigant Research.

“Ormat’s long-term vision is to evolve from a recognized leader in the geothermal industry to a leader in the broader renewable energy market,” added Mr. Angel. “Establishing capabilities in the energy-storage markets is a key element in realizing Ormat’s vision, as these capabilities will enable Ormat to provide a complete solution to customers.”

An Expanding MarketThere is still ample room for Ormat’s reach to stretch across the United States and around the globe. Today,

electricity generation from geothermal resources is mainly in California, Nevada, Hawaii, Idaho and Utah.

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However, Ormat sees additional opportunities for development in other states such as Arizona, New Mexico, Washington and Oregon due to the potential of their geothermal resources.

And that’s just the beginning…

One of the factors supporting growth in the renewable energy industry is global concern about climate change. In response to increasing demand for “green” energy, many countries have adopted legislation requiring, and providing incentives for, electric utilities to sell electricity generated from renewable energy sources.

Geothermal energy is one of the cleanest forms of energy, producing emissions far below that of oil, natural gas and coal. And unlike solar power, geothermal energy is available 24 hours a day, seven days a week, regardless of the weather forecast.

In the U.S., 38 states and four territories have enacted a renewable portfolio goal (RPS), or similar laws, requiring or encouraging utilities in such states to generate or buy a certain percentage of their electricity from renewable energy or recovered heat sources.

According to the Database of State Incentives for Renewables & Efficiency (DSIRE), 30 states, two territories and the District of Columbia define geothermal resources as “renewable.”

In addition, according to the EPA, 25 states have enacted RPS, Clean Energy Standards, Energy Efficiency Resource Standards or Alternative Energy Portfolio Standards program guidelines that include some form of combined heat and power and/or waste heat recovery.

This recent RPS legislation will prove to be a significant driver for Ormat to expand existing power plants and to build new projects.

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Profit From the Next Major Move in EnergyOrmat Technologies is poised for a massive breakout.

Shareholders in this $2 billion firm include institutions like Vanguard, BlackRock and American Century.

Ormat has deals lined up in some of the biggest energy-consuming countries in the world, including China, France, India, Japan and Russia.

And I believe, if everything falls into place, its stock will hand early investors the opportunity to make as much as five, 10 or even 20 times their money in the months ahead. That’s millions of dollars for those who want in, starting for as little as $50.

Remember, the energy sector has produced family fortunes ranging from $3 billion to $318 billion.

When the Trout family made their $3.3 billion fortune.

When Howard Hughes Jr. made his $43 billion fortune.

And when John D. Rockefeller made his $318 billion fortune.

Only heat mining has the potential to be much bigger than Big Oil.

Don’t miss out on your chance to rake in massive profits on Ormat Technologies as it changes the energy industry forever.

Action to take: Buy shares of Ormat Technologies (NYSE: ORA).

On February 28, 2017, Ormat announced that two of its biggest shareholders had been approached by someone looking to buy their shares. Oftentimes, when you see this happen, it’s a sign that the company is going to be bought out completely. Though for now, Ormat is saying that it’s not in discussions to sell the company. However, that could change at any time.

Now, I’m telling you this because it’s very likely that Ormat shares are going to be volatile as investors figure out if a buyout is coming and at what price. Every time there is a negative rumor or news, you’re going to see the stock move down sharply. Also, if Ormat fights a buyout, you could see the stock move down by 10% to 20% in a single day.

Equally, if Ormat were to agree to sell for a higher price, you could also see the stock move up rapidly by 10% to 20%. The fact that someone wants to buy Ormat in full is recognition of the value of its technology, intellectual property and patents, operational and engineering capabilities, and its rapidly growing business of tapping geothermal energy around the world.

As I learn more, I’ll update you on what is going on through regular updates in Profits Unlimited.

Paul MampillyEditor, Profits Unlimited

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Banyan HillP.O. Box 8378 Delray Beach, FL 33482 USAUSA Toll Free Tel.: (866) 584-4096

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