reports
Ormat Technologies Announces Co-Lead of Series B Investment in Sage Ge...
Ormat Technologies Announces Co-Lead of Series B Investment in Sage Geosystems to Advance Next-Generation Geothermal Technology RENO, Nev., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. () (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced a $25 million equity investment in an over $97 million Series B funding round for Sage Geosystems Inc. (“Sage”), a pioneer in next-generation geothermal and energy storage technology. Ormat and Carbon Direct Capital co-led the Series B financing, which will support Sage in advancing its geothermal...
Ormat Technologies Awarded Telaga Ranu Geothermal Concession in Indone...
Ormat Technologies Awarded Telaga Ranu Geothermal Concession in Indonesia RENO, Nev., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced it has been awarded the Telaga Ranu Geothermal Working Area by the Government of Indonesia under the authority of the Ministry of Energy and Mineral Resources. The concession was awarded following a competitive tender process involving four qualified bidders and secures Ormat’s long-term rights to explore and develop the geothermal resource....
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Qua...
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year End 2025 Financial Results RENO, Nev., Jan. 14, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced that it plans to publish its fourth quarter and full year 2025 financial results in a press release that will be issued on Wednesday, February 25, 2026, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 10:00 a.m. ET on Thursday, February 26, 2026. Parti...
Ormat Technologies Signs 20-Year PPA with Switch for ~13MW of Carbon-F...
Ormat Technologies Signs 20-Year PPA with Switch for ~13MW of Carbon-Free Geothermal Capacity to Power Data Centers NEW GEOTHERMAL PPA WITH SWITCH ENHANCES THE ECONOMICS OF ORMAT’S SALT WELLS POWER PLANT RENO, Nev., Jan. 12, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. () (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced the signing of a 20-year Power Purchase Agreement (PPA) with Switch, the premier provider of AI, cloud and enterprise data centers. This agreement represents Ormat’s first direct PPA with a data center operator, highlighti...
Ormat Technologies Commenced Commercial Operation of Arrowleaf, Its Fi...
Ormat Technologies Commenced Commercial Operation of Arrowleaf, Its First Hybrid Solar-Plus-Storage Project PROJECT OPERATES UNDER A LONG-TERM TOLLING AGREEMENT WITH SAN DIEGO COMMUNITY POWERARROWLEAF EXPANDS ORMAT’S OPERATING PORTFOLIO TO APPROXIMATELY 1.7 GWHYBRID TAX EQUITY PARTNERSHIP TRANSACTION CLOSED IN DECEMBER RENO, Nev., Jan. 06, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. () (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced the commencement of commercial operations of its Arrowleaf solar and battery energy storage project in Ca...
Ormat Technologies Inc: 5 directors
Five Directors at Ormat Technologies Inc sold/sold after exercising options 43,171 shares at between 112.425USD and 114.086USD. The significance rating of the trade was 94/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades ...
Ormat Technologies Reports Third Quarter 2025 Financial Results
Ormat Technologies Reports Third Quarter 2025 Financial Results STRATEGIC PORTFOLIO EXPANSION AND STRONG PRODUCT SEGMENT PERFORMANCE DROVE REVENUE AND EARNINGS GROWTH HIGHLIGHTS REVENUE AND NET INCOME ATTRIBUTABLE TO THE COMPANY’S STOCKHOLDERS GREW 17.9% AND 9.3%, RESPECTIVELYORMAT AND SLB PARTNER TO ACCELERATE AND EXPAND ENHANCED GEOTHERMAL SYSTEM DEVELOPMENTCOMPANY INCREASES ITS FULL YEAR REVENUE AND EBITDA GUIDANCE RENO, Nev., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (the “Company” or “Ormat”), a leading renewable energy company, today announced financial results...
SLB and Ormat Partner to Accelerate Integrated Geothermal Asset Develo...
SLB and Ormat Partner to Accelerate Integrated Geothermal Asset Development and Enhanced Geothermal Systems New Geothermal Agreement Aims to Advance Hydrothermal Projects; Develop and Deploy EHS at Scale RENO, Nev. and HOUSTON, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Leading geothermal and renewable energy company Ormat Technologies , and Global energy technology company SLB today announced an agreement to fast-track the development and commercialization of integrated geothermal assets, including enhanced geothermal systems (EGS). EGS is the next generation of geothermal technology, meant ...
Ormat Technologies, Inc. to Host Conference Call Announcing Third Quar...
Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2025 Financial Results RENO, Nev., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publish its third quarter financial results in a press release that will be issued on Monday, November 3, 2025, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 09:00 a.m. ET on Tuesday, November 4, 2025. Participants withi...
Ormat Publishes 2024 Sustainability Report, Marking 60 Years of Innova...
Ormat Publishes 2024 Sustainability Report, Marking 60 Years of Innovation and Impact RENO, Nev., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the release of its annual Sustainability Report. The report highlights Ormat’s progress in advancing its long-term sustainability strategy, expanding overall renewable energy and storage capacity, and strengthening its environmental, social, and governance (ESG) performance. The results of this report reflect the company’s ongoing commitment to ...
Ormat Commences Commercial Operation of Lower Rio Energy Storage Facil...
Ormat Commences Commercial Operation of Lower Rio Energy Storage Facility, Delivering 60MW/120MWH of Energy Storage Capacity Facility Operating Under Ormat’s First Tolling Agreement in TexasSuccessful Closing of Ormat’s First Hybrid Tax Equity Deal RENO, Nev., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy company, today announced the successful commencement of commercial operations at its Lower Rio energy storage facility. This 60MW/120MWh Battery Energy Storage System (BESS), located in Texas,...
Ormat Technologies Announces Strategic Commercial Agreement With Sage ...
Ormat Technologies Announces Strategic Commercial Agreement With Sage Geosystems Inc. Collaboration Aims to Accelerate Next-Generation Geothermal Solutions Time to Market RENO, Nev., Aug. 28, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today has announced the signing of a strategic commercial agreement with Sage Geosystems Inc. (“Sage”), a pioneer in next-generation geothermal and energy storage technology. The agreement marks a significant milestone in Ormat’s pursuit of innovative and sustainable energy solutions. ...
Ormat Signs 25-Year PPA Extension with SCPPA, Securing Long-Term Renew...
Ormat Signs 25-Year PPA Extension with SCPPA, Securing Long-Term Renewable Energy Supply for Southern California RENO, Nev., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, announced today that it signed a 25-year extension to its existing power purchase agreement (PPA) with the Southern California Public Power Authority (SCPPA), for 52MW from Heber 1 geothermal facility. This long-term agreement, which is effective February 2026, will ensure the continued delivery of clean, baseload geot...
Ormat Technologies Reports Second Quarter 2025 Financial Results
Ormat Technologies Reports Second Quarter 2025 Financial Results EXPANDED PORTFOLIO AND FAVORABLE OBBB POLICY SUPPORT LONG TERM GROWTH TARGETS HIGHLIGHTS NET INCOME AND ADJUSTED EBITDA GROWTH OF 26.1% AND 6.7%, RESPECTIVELYSUCCESSFUL COMPLETION OF 20MW BLUE MOUNTAIN GEOTHERMAL POWER PLANT ACQUISITIONSECURED $300 MILLION IN FUNDING TO SUPPORT FUTURE DEVELOPMENTCOMPANY REITERATES ITS FULL YEAR REVENUE AND ADJUSTED EBITDA GUIDANCE RENO, Nev., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading renewable energy company, t...
Ormat Technologies, Inc. to Host Conference Call Announcing Second Qua...
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2025 Financial Results RENO, Nev., July 07, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publish its second quarter financial results in a press release that will be issued on Wednesday, August 6, 2025, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 10:00 a.m. ET on Thursday, August 7, 2025. Participants wi...
Ormat Announces the Completion of Its Acquisition of the Blue Mountain...
Ormat Announces the Completion of Its Acquisition of the Blue Mountain Geothermal Power Plant From Cyrq Energy ACQUISITION INCREASES ORMAT’S ELECTRICTY SEGMENT GENERATING PORTFOLIO TO 1,268MW POTENTIAL TO UNLOCK ADDITIONAL VALUE THROUGH EXPECTED PPA RENEWAL AND ASSET UPGRADES RENO, Nev., June 18, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), (the “Company” or “Ormat”), a leading geothermal and renewable energy company, announced today that it has closed its previously disclosed acquisition of the Blue Mountain geothermal power plant from Cyrq Energy. Under the agreement,...
Ormat Technologies Announces Strategic Leadership Changes
Ormat Technologies Announces Strategic Leadership Changes ORMAT EXPANDS MANAGEMENT TEAM TO SUPPORT ELECTRICITY SEGMENT GROWTH AND EGS INITIATIVESARON WILLIS APPOINTED EXECUTIVE VICE PRESIDENT, ELECTRICITY SEGMENTDANIEL MOELK APPOINTED SENIOR VICE PRESIDENT, RESOURCES, DRILLING, & EGS RENO, Nev., June 05, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, is pleased to announce the appointment of two distinguished executives to its senior management team. These strategic appointments are poised to pr...
Ormat Technologies Announces $62 Million Hybrid Tax Equity Partnership...
Ormat Technologies Announces $62 Million Hybrid Tax Equity Partnership for Two Energy Storage Facilities RENO, Nev., May 27, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced the signing of a $62 million Hybrid Tax Equity partnership with Morgan Stanley Renewables, Inc. The partnership’s transaction covers the Lower Rio 60MW/120MWh storage facility and the Arrowleaf 35MW/140MWh storage and 42MW solar projects, which are expected to achieve COD by the end of 2025. “This Hybrid Tax Eq...
Ormat Technologies Reports First Quarter 2025 Financial Results
Ormat Technologies Reports First Quarter 2025 Financial Results REVENUE GROWTH AND RECORD QUARTERLY ADJUSTED EBITDA SUPPORT ONGOING STRATEGIC PORTFOLIO EXPANSION HIGHLIGHTS TOTAL REVENUES AND NET INCOME1 IMPROVED 2.5% AND 4.6%, RESPECTIVELYRECORD ADJUSTED EBITDA OF $150.3 MILLION, AN INCREASE OF 6.4% VS LAST YEARENERGY STORAGE SEGMENT REVENUES INCREASED BY 120% DRIVING MEANINGFUL MARGIN INCREASESIGNED AN AGREEMENT TO ACQUIRE THE 20MW BLUE MOUNTAIN GEOTHERMAL POWER PLANT FROM CYRQ ENERGYCOMPANY REITERATES ITS 2025 FULL-YEAR GUIDANCE, REFLECTING STRONG EXECUTION AND CONFIDEN...
Ormat Technologies, Inc. to Host Conference Call Announcing First Quar...
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2025 Financial Results RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publish its first quarter financial results in a press release that will be issued on Wednesday, May 7, 2025, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 09:00 a.m. ET on Thursday, May 8, 2025. Participants within the ...
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