Company Profile - Ormat Technologies Inc

Introduction

Ormat Technologies Inc (Ormat) is a provider of renewable power and energy solutions with focus on geothermal and recovered energy generation. The company designs, develops, builds, owns, operates and stores power generation plants. It manufactures, distributes and sells products to generate geothermal electricity. The company also designs, manufacture and sells power units that generate electricity from recovered energy or waste heat. Ormat offers geothermal power generation equipment, completion of power plants on turnkey basis for developers, utilities and industrial customers. It sells electricity through long-term purchase agreements. The company has its operations in Latin America, Asia, East Africa and Europe. Ormat is headquartered in Reno, Nevada, the US.

Company info

Country (HQ): United States
Sector: Alternative Energy
Market Cap (US$ m): 5,037
Revenue (US$ m): 734 (2022)

Innovation ranking

312

Innovation score

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