3 Followers USX:ORA - Ormat Technologies Inc Ormat Technologies Inc
Sector: Utilities, Industry: Renewable Electricity
Next Earnings: 7 May 2024
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USD 62.92    +0.81 (+1.30%)

18 Apr 2024


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General

CEO: Mr. Doron Blachar

IPO: 2004-11-11

Headquarters: US

Employees: 1,480

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Description

Ormat Technologies Inc is engaged in the geothermal energy power business. The company is engaged in three business segments: Electricity Segment. where the company develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries and sell the electricity generated. Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.

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