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Ormat Technologies Inc ORA

Ormat Technologies, Inc. is a geothermal company that is engaged in geothermal and recovered energy generation (REG). 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. It owns or has installed for utilities and developers worldwide, totaling approximately 3,200 megawatts (MW) of gross capacity. Its segments include Electricity Segment, Product Segment and Energy Storage Segment. Electricity segment develops, builds, owns, and operates geothermal and solar Photovoltaic (PV). Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation. Energy Storage segment owns and operates a grid connected In Front of the Meter (IFM) Battery Energy Storage System (BESS) facilities. Its portfolio includes 1,415 MW with 1,225 MW geothermal and solar generation.


NYSE:ORA - Post by User

Bullboard Posts
Post by DartStockon Jul 09, 2008 8:47am
610 Views
Post# 15272063

More plants near Interstate 80

More plants near Interstate 80

Ormat plans several new plants in the Fernley-Fallon-Winnemucca corridor, a region that helps make Nevada the biggest for geothermal energy per capita in the nation. Areas around Galena and Steamboat have already proven to be successful.

Bullboard Posts