Ormat Technologies Inc. (ORA)
Summary
Why Is Ormat Technologies (ORA) Up 1.8% Since Last Earnings Report?
Ormat Technologies (ORA) reported earnings 30 days ago. What's next for the stock?
CWENA or ORA: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Alternative Energy - Other sector have probably already heard of Clearway Energy (CWENA) and Ormat Technologies (ORA). But which of these two stocks offers value investors a better bang for their buck right now?
CWENA or ORA: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Alternative Energy - Other sector might want to consider either Clearway Energy (CWENA) or Ormat Technologies (ORA). But which of these two stocks presents investors with the better value opportunity right now?
Ormat Technologies Inc. (ORA) FAQ
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Ormat Technologies Inc. Profile
| Independent Power and Renewable Electricity Producers Industry | Utilities Sector | Doron Blachar CEO | NYSE Exchange | 686688102 CUSIP |
| US Country | 1,512 Employees | 17 Nov 2025 Last Dividend | - Last Split | 11 Nov 2004 IPO Date |
Overview
Ormat Technologies, Inc. is a prominent player in the renewable energy sector, focusing on geothermal and recovered energy power generation across a global footprint that includes the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, and more. Founded in 1965, and headquartered in Reno, Nevada, the company illustrates a deep commitment to sustainable energy through its diversified operations that span electricity generation, equipment manufacturing, and energy storage solutions. Ormat Technologies operates under three primary segments: Electricity, Product, and Energy Storage, each catering to a distinct aspect of energy production and management. Through its comprehensive approach, Ormat not only contributes to the generation of renewable energy but also supports the advancement of technology in the field, promoting environmental sustainability and energy independence.
Products and Services
- Electricity Generation:
- Equipment Manufacturing:
- Energy Storage Solutions:
Ormat Technologies specializes in developing, building, owning, and operating renewable energy plants focusing on geothermal, solar photovoltaic, and recovered energy sources. This segment is pivotal in generating clean electricity, selling it to various grids around the world, and thereby supporting global efforts toward sustainable development.
The company designs, manufactures, and sells a wide range of equipment tailored for geothermal and recovered energy-based electricity generation. Its portfolio includes engineering, procurement, and construction services for developing geothermal and recovered energy-based power plants. These offerings cater to contractors, as well as owners and operators of pipelines, gas processing plants, cement plants, and other industrially intensive energy processes, emphasizing Ormat's role in enhancing the efficiency and sustainability of industrial operations.
Addressing the increasing need for grid stability and energy storage, Ormat Technologies provides advanced battery energy storage systems alongside related services. This segment focuses on improving energy reliability, optimizing power generation, and facilitating the integration of renewable energy into the grid, marking a significant stride towards sustainable and dependable energy access.
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