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ormat.com

Founded Year

1965

Stage

IPO | IPO

Date of IPO

11/11/2004

Market Cap

4.39B

Stock Price

78.24

About 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

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Ormat Technologies Patents

Ormat Technologies has filed 56 patents.

The 3 most popular patent topics include:

  • Energy conversion
  • Cooling technology
  • Heat exchangers
patents chart

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

Ormat Technologies Signs Two PPAs With NV Energy for Up to 160 MW of Geothermal Capacity

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

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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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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