RENO, Nev., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the release of its annual Sustainability Report.
RENO, Nev., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy company, today announced the successful commencement of commercial operations at its Lower Rio energy storage facility. This 60MW/120MWh Battery Energy Storage System (BESS), located in Texas, will provide energy and ancillary services under a ...
Collaboration Aims to Accelerate Next-Generation Geothermal Solutions Time to Market Collaboration Aims to Accelerate Next-Generation Geothermal Solutions Time to Market
RENO, Nev., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, announced today that it signed a 25-year extension to its existing power purchase agreement (PPA) with the Southern California Public Power Authority (SCPPA), for 52MW from Heber 1 geothermal facility. This long-term agreement, which i...
Ormat Technologies, Inc. (NYSE:ORA ) Q2 2025 Earnings Conference Call August 7, 2025 10:00 AM ET Company Participants Assaf Ginzburg - Chief Financial Officer Doron Blachar - Chief Executive Officer Conference Call Participants Benjamin Joseph Kallo - Robert W. Baird & Co. Incorporated, Research Division Derek John Podhaizer - Piper Sandler & Co., Research Division J.
Ormat Technologies is well-positioned as the leading U.S. geothermal developer, benefiting from favorable legislation and rising demand for base-load clean energy. Geothermal's unique ability to provide constant power aligns with surging data center and AI-driven electricity needs, making it increasingly attractive versus other renewables. Enhanced Geothermal Systems could massively expand Orma...
EXPANDED PORTFOLIO AND FAVORABLE OBBB POLICY SUPPORT LONG TERM GROWTH TARGETS HIGHLIGHTS NET INCOME AND ADJUSTED EBITDA GROWTH OF 26.1% AND 6.7%, RESPECTIVELY SUCCESSFUL COMPLETION OF 20MW BLUE MOUNTAIN GEOTHERMAL POWER PLANT ACQUISITION SECURED $300 MILLION IN FUNDING TO SUPPORT FUTURE DEVELOPMENT COMPANY REITERATES ITS FULL YEAR REVENUE AND ADJUSTED EBITDA GUIDANCE RENO, Nev., Aug. 06, 2025 (...
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