Ormat

With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company engaged in geothermal and recovered energy generation ("REG") as well as Energy storage solutions, with the objective of becoming a leading global provider of renewable energy. Ormat designs, manufactures, operates, owns, and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. With 77 U.S. patents, Ormat's power solutions have been refined and perfected under the most grueling environmental conditions. Ormat has over 1,400 employees around the world. Ormat's flexible, modular solutions for geothermal power, Waste heat (REG), and Energy storage are ideal for a vast range of resource characteristics. The Company has engineered, manufactured, and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling over 3,200 MW of gross capacity. Ormat's current 1,100 MW generating portfolio is spread globally in Kenya, Guadalupe, Guatemala, Indonesia, Honduras, and the United States. Ormat expanded its operations to provide energy storage solutions by leveraging its core capabilities, global presence, and experience in the energy market. Ormat's mission is to generate, deliver, build, and distribute clean, efficient, reliable, and environmentally sound manner energy. We want to become a leading global provider of renewable energy while building a geographically balanced portfolio of geothermal, recovered energy, and storage assets. We believe in renewable, green energy solutions for a sustainable future! WON'T YOU JOIN US?

Founded

1965

Employees

1,600+

Industry

Machinery

Company type

Public Company

Stock

nyse: ORA

Headquarters

🇺🇸6140 Plumas St, Reno, Nevada 89519-6075, Us (+1)