Ormat Technologies Inc (ORA)
Utilities • Utilities
July 01, 2026 Ormat Technologies Inc. Announces Upcoming Conference Call for Q2 2026 Financial Results Ormat Technologies Inc. will announce its Q2 2026 financial results on August 5, 2026, followed by a conference call on August 6. The call will discuss the company's growth in geothermal and renewable energy sectors, along with insights into future strategies.
June 08, 2026 Ormat Technologies Unveils Ormega100: A Game-Changer in Geothermal Energy Ormat Technologies has launched the Ormega100, the largest binary geothermal power generation unit, enhancing the efficiency of Enhanced Geothermal Systems (EGS). With a significant output capacity and a commitment to clean energy, Ormat is positioned to meet the increasing electricity demand while leading the renewable energy sector.
May 06, 2026 Ormat Technologies Reports Strong Q1 2026 Financial Results Ormat Technologies, Inc. reported a remarkable 75.8% revenue increase in Q1 2026, driven by strong growth in electricity generation, product sales, and energy storage. The company also secured new Power Purchase Agreements and continued investments in innovative geothermal technologies.
March 31, 2026 Ormat Technologies Inc. Set to Reveal First Quarter Financial Results for 2026 Ormat Technologies Inc. will announce its Q1 2026 financial results on May 6, followed by a conference call on May 7 to discuss the results and operational insights. Participants can join via phone or webcast.
March 23, 2026 Ormat Technologies Inc. Closes Upsized $1 Billion Convertible Senior Notes Offering Ormat Technologies has closed a $1 billion offering of convertible senior notes, reflecting strong investor confidence. The funds will strengthen its balance sheet and support growth in the geothermal and energy storage sectors.
March 18, 2026 Ormat Technologies Inc. Upsizes Convertible Senior Notes Offering Ormat Technologies has successfully upsized its offering of convertible senior notes to $875 million, indicating strong investor interest. The company plans to use proceeds for repurchasing existing notes and general corporate purposes, which may impact its stock price and growth in the renewable energy sector.
March 17, 2026 Ormat Technologies Announces Proposed Offering of Convertible Senior Notes Ormat Technologies has announced a $750 million offering of convertible senior notes to strengthen its capital structure and support growth in the renewable energy sector. The company plans to use proceeds to repurchase existing notes and shares, enhancing shareholder value and stabilizing its stock price amid market conditions.
March 12, 2026 Ormat Technologies Inc. Launches Shirk Energy Storage Facility in California Ormat Technologies has commenced operations at the Shirk Energy Storage Facility in California, a significant 80MW/320MWh project aimed at enhancing grid reliability. The facility's capacity is secured under a 15-year agreement, supporting California's transition to renewable energy and optimizing Ormat's growth in energy storage.
March 10, 2026 Ormat Technologies Strengthens Long-Term Partnerships with New Power Purchase Agreements Ormat Technologies has signed amendments to power purchase agreements with Central Coast Community Energy and Silicon Valley Clean Energy, extending contracts and increasing capacity. These agreements bolster Ormat's strategy and revenue visibility as demand for renewable energy rises.
February 26, 2026 Ormat Technologies Inc. Reports Promising Growth in 2025 Annual Report Ormat Technologies Inc. has reported a significant 12.5% revenue growth in 2025, driven by strong performance in its Product and Energy Storage segments. The company continues to expand its operational capacity through strategic acquisitions and power purchase agreements, positioning itself as a leader in the renewable energy sector.
February 25, 2026 Ormat Technologies Reports Strong Growth Despite Challenges in 2025 Ormat Technologies reported significant revenue growth in 2025, with total revenues reaching $989.6 million, boosted by strong performances in its Product and Energy Storage segments. The company is optimistic about its future, setting ambitious revenue targets for 2026 and declaring a quarterly dividend, signaling confidence in its financial health.
February 17, 2026 Ormat Technologies Signs Historic Geothermal PPA to Power Google's Data Centers Ormat Technologies has signed a historic Power Purchase Agreement with Google to deliver 150 MW of geothermal energy for data centers in Nevada. This partnership, pending regulatory approval, aims to enhance sustainable energy efforts and supports Google's commitment to clean energy.
January 21, 2026 Ormat Technologies Takes a Significant Step in Geothermal Innovation Ormat Technologies has made a significant $25 million investment in Sage Geosystems to enhance geothermal power generation and energy storage technologies. This partnership aims to implement innovative Pressure Geothermal technology, positioning Ormat to lead in the evolving renewable energy landscape.
January 15, 2026 Ormat Technologies Secures Telaga Ranu Geothermal Concession in Indonesia Ormat Technologies has been awarded the Telaga Ranu geothermal concession in Indonesia, aiming for up to 40 MW of renewable energy capacity. This strategic move strengthens Ormat's position in the geothermal sector, aligning with Indonesia's energy transition goals.
January 14, 2026 Ormat Technologies Inc. to Announce Fourth Quarter and Year-End Results for 2025 Ormat Technologies, Inc. will announce its fourth quarter and full year 2025 financial results on February 25, 2026. A conference call is scheduled for February 26, providing investors insights into the company's performance and future strategies.
January 12, 2026 Ormat Technologies Secures Long-Term Power Purchase Agreement with Switch Ormat Technologies has signed a 20-year Power Purchase Agreement with Switch to supply 13 MW of geothermal energy, marking a significant move towards sustainability in data centers. The collaboration aims to meet growing energy demands while reducing carbon footprints, with potential for future expansions.
January 06, 2026 Ormat Technologies Commences Commercial Operations of Arrowleaf, a Groundbreaking Hybrid Solar-Plus-Storage Project Ormat Technologies has launched its Arrowleaf project, California's first hybrid solar-plus-storage facility, with a capacity of 42 MW. This project not only enhances renewable energy delivery but also showcases Ormat's strong financial strategy, monetizing significant tax credits to drive growth.
November 05, 2025 Ormat Technologies Inc. Reports Strong Q3 2025 Financial Performance Ormat Technologies Inc. reported impressive financial results for Q3 2025, with revenues rising to $249.7 million. Strategic expansions and new partnerships are set to enhance its position in the renewable energy sector, despite facing some operational challenges.
November 03, 2025 Ormat Technologies Reports Strong Q3 2025 Financial Results Ormat Technologies reported a 17.9% revenue increase in Q3 2025, reaching $249.7 million, driven by significant growth in Energy Storage and Product segments. The company has revised its 2025 guidance upward, reflecting strong market demand and strategic partnerships in renewable energy.
October 27, 2025 Ormat Technologies and SLB Join Forces to Revolutionize Geothermal Energy Ormat Technologies and SLB have partnered to advance geothermal energy through Enhanced Geothermal Systems (EGS). This collaboration aims to streamline project development and commercialize innovative geothermal solutions to meet rising energy demands sustainably.
October 06, 2025 Ormat Technologies, Inc. Prepares for Q3 2025 Financial Results Announcement Ormat Technologies, Inc. is set to release its Q3 2025 financial results on November 3, 2025. A conference call to discuss the results will be held on November 4, providing key insights into the company's performance and future plans in renewable energy.
August 07, 2025 Ormat Technologies Inc. Reports Q2 2025 Results: A Mixed Bag of Growth and Challenges Ormat Technologies Inc. reported mixed Q2 2025 results, with revenue growth in energy storage and products, but challenges in geothermal operations. Key initiatives include new projects and partnerships that reflect the company's commitment to sustainable energy.
May 08, 2025 Ormat Technologies Inc. Reports Solid Q1 2025 Financial Results: A Look at Growth and Strategic Developments Ormat Technologies Inc. reported a revenue increase to $229.7 million in Q1 2025, driven by growth in energy storage. The company made significant strategic acquisitions, including the Blue Mountain power plant, while also facing challenges in the geothermal sector.
March 05, 2025 SWOT Analysis of Ormat Technologies Inc. in 2025 This article provides a SWOT analysis of Ormat Technologies Inc., highlighting its strengths in geothermal energy, weaknesses like operational risks, and opportunities in energy storage. It also outlines potential threats that could impact the company's growth and stability in 2025.
March 02, 2025 Red Hat and Orange Forge Strategic Alliance for Telco Cloud Transformation Red Hat and Orange have formed a strategic partnership to revolutionize the telco cloud landscape. Their collaboration aims to enhance efficiency, reduce deployment times, and promote sustainability in network services, paving the way for significant advancements in the telecommunications industry.
February 27, 2025 Ormat Technologies Inc. 2024 Annual Report: A Year of Growth and Strategic Developments Ormat Technologies Inc. reports a 6.1% revenue growth in 2024, driven by its Electricity segment and significant advancements in energy storage. The company faced operational challenges but strategically acquired new assets to enhance its renewable energy capacity.
February 26, 2025 Ormat Technologies Reports Strong Year-End Financial Results for 2024 Ormat Technologies reported a mixed performance for Q4 2024, with total revenues of $230.7 million, reflecting a slight year-over-year decline. However, the full year showed growth with $879.7 million in total revenues, driven by the Electricity segment. The company is optimistic for 2025, projecting significant revenue increases and maintaining its dividend policy.
February 13, 2025 Ormat Technologies Inc. Secures Tolling Agreements for Energy Storage Facilities in Israel Ormat Technologies has secured two 15-year tolling agreements for energy storage facilities in Israel, totaling 300 MW capacity. This marks Ormat's entry into the Israeli market and aligns with its growth strategy in renewable energy.
February 10, 2025 Ormat Technologies Inc. Launches 35 MW Ijen Geothermal Facility in Indonesia Ormat Technologies has launched the 35 MW Ijen geothermal facility in Indonesia, marking a significant step towards increasing the nation’s geothermal capacity. This strategic collaboration with PT Medco Power Indonesia positions Ormat as a leader in the Southeast Asian renewable energy market.
November 07, 2024 Ormat Technologies Inc. Reports Strong Q3 2024 Financial Results Ormat Technologies Inc. reported strong Q3 2024 results, with revenues reaching $164.6 million, a 4.7% increase from last year. The company's focus on geothermal energy and strategic expansions positions it favorably in the renewable energy market.
August 07, 2024 Ormat Technologies Inc. Reports Strong Q2 2024 Financial Results Ormat Technologies Inc. achieved a 9.4% revenue increase in Q2 2024, reaching $212.9 million, driven mainly by its Electricity segment. The company remains committed to renewable energy, focusing on geothermal projects and enhancing operational efficiency for future growth.
May 10, 2024 Ormat Technologies Inc. Reports Strong Q1 2024 Results Amid Strategic Expansion Ormat Technologies Inc. has reported impressive Q1 2024 results with a 32.8% revenue increase to $226.2 million, fueled by acquisitions and operational resumption. The company remains focused on strategic growth in the renewable energy sector, ensuring a strong financial outlook.