Ormat Technolgies Inc.ORA
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Key Statistics
Open Today
69.24High Today
69.24Low Today
65.4Close Today
66.4Volume Today
724,20052 Week High
84.352 Week Low
59.41Avg Volume
538,02420D Avg Vol
506,980About
Editor's note: Updated July 22, 2022.
News
Geothermal Player Ormat Adds Capacity as Power Demand Rises
Ormat aims to grow its installed capacity to between 2.6 and 2.8 gigawatts by the end of 2028, CEO says.
E&Ps’ Subsurface Wizardry Transforming Geothermal, Lithium, Hydrogen
Exploration, drilling and other synergies have brought together the worlds of subsurface oil drilling and renewable energies.
Energy Transition in Motion (Week of Jan. 31, 2025)
Here is a look at some of this week’s renewable energy news, including two more solar farms in Texas.
Ormat Starts Operations at New Jersey Energy Storage Facility
Ormat Technologies Inc. said the Montague energy storage project has a capacity of 20 megawatt/20 megawatt-hours.
Ormat Secures Acreage for Two Geothermal Power Plants
Ormat Technologies Inc. secured 1,678 acres from an auction hosted by Utah’s Bureau of Land Management.
Energy Transition in Motion (Week of Oct. 11, 2024)
Here is a look at some of this week’s renewable energy news, including nearly $7.9 million in bids for geothermal leases in Nevada.
Ormat Signs Tolling Agreements for Two Energy Storage Facilities in Texas
Ormat Technologies Inc. has signed two seven-year tolling agreements with clean power company Equilibrium Energy for the Lower Rio and Bird Dog energy storage facilities.
Ormat Targets Geothermal, Energy Storage Growth in US to Meet Rising Demand
Nevada-based Ormat Technologies—which recently formed a geothermal partnership with SLB—has 10 geothermal, three solar and seven energy storage projects under development.
Energy Transition in Motion (Week of June 28, 2024)
Here is a look at some of this week’s renewable energy news, including plans for another offshore wind energy lease sale.
SLB, Ormat Technologies Form Geothermal Partnership
As part of the partnership, SLB also will license Ormat’s enhanced geothermal systems patent.
Energy Transition in Motion (Week of March 8, 2024)
Here is a look at some of this week’s renewable energy news, including a record-setting 2023 for U.S. solar.
Energy Transition in Motion (Week of Jan. 5, 2024)
Here is a look at some of this week’s renewable energy news, including a step forward for BP’s efforts to transform an old oil refinery into a biofuel facility.
Ormat Closes Geothermal and Solar Assets from Enel for $271MM
Ormat Technologies’ acquisition of Enel SpA’s Nevada, Utah, Connecticut and California assets will up Ormat’s electricity segment generation to 1,215 megawatts.
Financing Agreement Signed Between MCG, SMI to Develop Ijen Geothermal Power Plant
Medco Cahaya Geothermal and Sarana Multi Infrastruktur support the development of the first geothermal power plant in the East Java province.
Energy Transition in Motion (Week of Aug. 5, 2022): Advancing Projects, Investment
Here’s a look at some of this week’s renewable energy news including multimillion-dollar investment in a battery technology plus multiclient studies that are shedding light on geothermal resources and lithium brine opportunities.