A leading provider of renewable energy solutions, specializing in geothermal power, recovered energy generation, and energy storage.
Ormat Technologies, Inc. is actively involved in the geothermal and recovered energy power sectors across a global footprint encompassing the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, and Honduras. Internationally recognized, the company operates through three primary segments: Electricity, Product, and Energy Storage.
The Electricity segment is dedicated to the development, construction, ownership, and operation of power plants utilizing geothermal, solar photovoltaic, and recovered energy sources. This segment not only generates electricity but also engages in the sale of power to various markets.
In the Product segment, Ormat designs, manufactures, and markets equipment tailored for geothermal and recovered energy-based electricity generation, including turbo-generators powered by fossil fuels and heavy-duty direct-current generators. It also provides comprehensive services encompassing engineering, procurement, construction, operation, and maintenance for these types of power plants. This segment serves a diverse clientele, including contractors, power plant developers, and operators across various industrial sectors such as interstate natural gas pipelines, gas processing plants, and cement plants.
The Energy Storage segment complements Ormat's portfolio by offering energy storage solutions and associated services. This includes the engineering, procurement, construction, operation, and maintenance of energy storage units, aligning with the company's commitment to advancing sustainable energy practices.
Founded in 1965 and headquartered in Reno, Nevada, Ormat Technologies, Inc. continues to lead in the development and operation of renewable energy solutions worldwide, driving innovation and sustainability in the power generation industry.