Ormat Technologies
Founded Year
1965Stage
IPO | IPODate of IPO
11/11/2004Market Cap
4.39BStock Price
78.24About Ormat Technologies
Ormat Technologies (NYSE: ORA) is a global geothermal and renewable energy company The company owns, operates, designs, manufactures, 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. The company has engineered, manufactured, and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling over 2,000 MW of gross capacity. Ormat's 710 MW generating portfolio is spread globally in the U.S., Guadeloupe, Guatemala, and Kenya.
Ormat Technologies Headquarter Location
6225 Neil Road Suite 300
Reno, Nevada, 89511,
United States
775-356-9029
Ormat Technologies Patents
Ormat Technologies has filed 56 patents.
The 3 most popular patent topics include:
- Energy conversion
- Cooling technology
- Heat exchangers
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
3/19/2018 | 12/22/2020 | Fluid dynamics, Aerodynamics, Cooling technology, Heat exchangers, Clusters of differentiation | Grant |
Application Date | 3/19/2018 |
|---|---|
Grant Date | 12/22/2020 |
Title | |
Related Topics | Fluid dynamics, Aerodynamics, Cooling technology, Heat exchangers, Clusters of differentiation |
Status | Grant |
Latest Ormat Technologies News
May 19, 2022
RENO, Nev., May 19, 2022 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE:ORA), a leading geothermal, energy storage, solar PV and recovered energy power company, today announced the execution of two Power Purchase Agreements (PPAs) between two of its subsidiaries and NV Energy. Under the first PPA, signed in 2021, NV Energy will purchase 25 MW of power over 25 years generated by the North Valley Geothermal Project, a new facility expected to come online by early 2023. Additionally, NV Energy will purchase up to 135 MW of power generated by a portfolio of the Company's new and existing geothermal power plants under a PPA signed this week. Both PPAs are subject to the Nevada Public Utility Commission’s approval.
Ormat Technologies Web Traffic
Ormat Technologies Rank
When was Ormat Technologies founded?
Ormat Technologies was founded in 1965.
Where is Ormat Technologies's headquarters?
Ormat Technologies's headquarters is located at 6225 Neil Road, Reno.
What is Ormat Technologies's latest funding round?
Ormat Technologies's latest funding round is IPO.
Who are Ormat Technologies's competitors?
Competitors of Ormat Technologies include Fervo Energy and 1 more.
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