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Ormat Technologies, Inc.
An Ormat 20MW binary power plant at Steamboat, Nevada, USA.
Company type
Public company
Traded as
NYSE: ORA
TASE: ORA
S&P 400 component
TA-35 Index Component
ISIN
US6866881021
Industry
Alternative energy
Renewable energy
Founded
1965; 59 years ago (1965)
Founder
Lucien and Dita Bronicki
Headquarters
Reno, Nevada, U.S.
Products
Geothermal power
Energy recovery
Revenue
US$703 million (2022)
Operating income
US$175 million (2022)
Net income
US$63 million (2022)
Total assets
US$4.45 billion (2022)
Total equity
US$1.97 billion (2022)
Number of employees
1,385 (December 31, 2021)
Website
ormat.com
Worker at Ormat's Olkaria III Geothermal Power Station in KenyaWairakei Power Station in New Zealand, powered by Ormat equipment
Ormat Technologies, Inc. is an international company based in Reno, Nevada, United States. Ormat supplies alternative and renewable geothermal energy technology. The company has built over 190 power plants and installed over 3,200 MW. As of January 2021 it owns and operates 933 MW of geothermal and recovered energy based power plants. Ormat has supplied over 1000 turbochargers worldwide: North America, South America, Europe, Australia, and Asia. The company's products also include turbines, generators, and heat exchangers.
The company's share is a dual stock traded on the Tel Aviv Stock Exchange since 1991 and on the New York Stock Exchange since 2004 under the symbol ORA, and is part of the Tel Aviv 35 Index and the Tel Aviv Tech-Elite Index. The company's main production facilities are located in Yavne, Israel.[1][2]
^"Ormat Technologies Inc - Company Profile and News". Bloomberg.com. Retrieved 2024-05-05.
^"Ormat Technologies Inc: Overview".
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