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GLOBAL PROJECTS
Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Ormat is an equal opportunity employer. All qualified applicants for employment with Ormat will receive consideration for employment without regard to race, sex, age, color, religion, marital status, sexual orientation, gender identity, veteran status, status with regard to public assistance, source of income, national origin, citizenship status, disability, or any protected status. LEADERSHIP - ORMAT TECHNOLOGIES INC. - ORMAT TECHNOLOGIES Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste andGEOTHERMAL POWER
Ormat excels in harnessing the earth’s energy, leading the global geothermal market: exploring, designing, developing, building, owning and operating geothermal power plants worldwide. It provides choice, flexibility and optimum, customized solutions. ORMAT TECHNOLOGIES INC. 1965. 1965. Ormat was established in 1965 by the Bronicki family, who shared a bold vision to export breakthrough technology in the renewable energy sector. At that time, Ormat was primarily known as a pioneer of proprietary turbine designs, capable of generating electricity from low ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Nezihe Beren was signed on June 20, 2019 for 20 MW gross capacity. It is Maren’s 7th power plant, and with ken 1& 3 and Kiper 1, Kipas hold 10 power plant in total rated gross capacity of 220 MW. With this power plant, the number of Ormat technology based operating powerplants in Turkey reaches 40, and 3 under construction. ORMAT TECHNOLOGIES INC. Ormat’s between-bearings turbine design is field-proven, with over 25 turbines already in operation globally. It operates with up to five expansion stages, for maximum performance and efficiency. Steamboat Hills Repower, 2020. Steamboat Complex 1988-2020, NV, USA, 84 MW. ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste andGLOBAL PROJECTS
Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Ormat is an equal opportunity employer. All qualified applicants for employment with Ormat will receive consideration for employment without regard to race, sex, age, color, religion, marital status, sexual orientation, gender identity, veteran status, status with regard to public assistance, source of income, national origin, citizenship status, disability, or any protected status. LEADERSHIP - ORMAT TECHNOLOGIES INC. - ORMAT TECHNOLOGIES Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste andGEOTHERMAL POWER
Ormat excels in harnessing the earth’s energy, leading the global geothermal market: exploring, designing, developing, building, owning and operating geothermal power plants worldwide. It provides choice, flexibility and optimum, customized solutions. ORMAT TECHNOLOGIES INC. 1965. 1965. Ormat was established in 1965 by the Bronicki family, who shared a bold vision to export breakthrough technology in the renewable energy sector. At that time, Ormat was primarily known as a pioneer of proprietary turbine designs, capable of generating electricity from low ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Nezihe Beren was signed on June 20, 2019 for 20 MW gross capacity. It is Maren’s 7th power plant, and with ken 1& 3 and Kiper 1, Kipas hold 10 power plant in total rated gross capacity of 220 MW. With this power plant, the number of Ormat technology based operating powerplants in Turkey reaches 40, and 3 under construction.GLOBAL PROJECTS
Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. 1965. 1965. Ormat was established in 1965 by the Bronicki family, who shared a bold vision to export breakthrough technology in the renewable energy sector. At that time, Ormat was primarily known as a pioneer of proprietary turbine designs, capable of generating electricity from low ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Geothermal power is a clean, virtually emissions-free, renewable energy resource generated from geothermal reservoirs of hot water that are heated by magma, miles beneath the earth’s surface. The steam and brine produced from these underground reservoirs is used to turn turbines to produce electricity. Ormat has built more than 2,100 MWsof
ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. RENO, Nev., June 07, 2021 (GLOBE NEWSWIRE) - Ormat Technologies Inc. (NYSE: ORA) announced the completion of the expansion of its McGinness Hills Phase 3 geothermal power plant in Eastern Nevada. The expansion increases the power plant net capacity to approximately 69 MW, bringing the entire McGinness Hills complex capacity to a total of approximately 160 MW. ORMAT TECHNOLOGIES INC. Ormat’s between-bearings turbine design is field-proven, with over 25 turbines already in operation globally. It operates with up to five expansion stages, for maximum performance and efficiency. Steamboat Hills Repower, 2020. Steamboat Complex 1988-2020, NV, USA, 84 MW. ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste andGLOBAL PROJECTS
Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Ormat is an equal opportunity employer. All qualified applicants for employment with Ormat will receive consideration for employment without regard to race, sex, age, color, religion, marital status, sexual orientation, gender identity, veteran status, status with regard to public assistance, source of income, national origin, citizenship status, disability, or any protected status. LEADERSHIP - ORMAT TECHNOLOGIES INC. - ORMAT TECHNOLOGIES Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste andGEOTHERMAL POWER
Ormat excels in harnessing the earth’s energy, leading the global geothermal market: exploring, designing, developing, building, owning and operating geothermal power plants worldwide. It provides choice, flexibility and optimum, customized solutions. ORMAT TECHNOLOGIES INC. 1965. 1965. Ormat was established in 1965 by the Bronicki family, who shared a bold vision to export breakthrough technology in the renewable energy sector. At that time, Ormat was primarily known as a pioneer of proprietary turbine designs, capable of generating electricity from low ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Nezihe Beren was signed on June 20, 2019 for 20 MW gross capacity. It is Maren’s 7th power plant, and with ken 1& 3 and Kiper 1, Kipas hold 10 power plant in total rated gross capacity of 220 MW. With this power plant, the number of Ormat technology based operating powerplants in Turkey reaches 40, and 3 under construction. ORMAT TECHNOLOGIES INC. Ormat’s between-bearings turbine design is field-proven, with over 25 turbines already in operation globally. It operates with up to five expansion stages, for maximum performance and efficiency. Steamboat Hills Repower, 2020. Steamboat Complex 1988-2020, NV, USA, 84 MW. ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste andGLOBAL PROJECTS
Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Ormat is an equal opportunity employer. All qualified applicants for employment with Ormat will receive consideration for employment without regard to race, sex, age, color, religion, marital status, sexual orientation, gender identity, veteran status, status with regard to public assistance, source of income, national origin, citizenship status, disability, or any protected status. LEADERSHIP - ORMAT TECHNOLOGIES INC. - ORMAT TECHNOLOGIES Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste andGEOTHERMAL POWER
Ormat excels in harnessing the earth’s energy, leading the global geothermal market: exploring, designing, developing, building, owning and operating geothermal power plants worldwide. It provides choice, flexibility and optimum, customized solutions. ORMAT TECHNOLOGIES INC. 1965. 1965. Ormat was established in 1965 by the Bronicki family, who shared a bold vision to export breakthrough technology in the renewable energy sector. At that time, Ormat was primarily known as a pioneer of proprietary turbine designs, capable of generating electricity from low ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Nezihe Beren was signed on June 20, 2019 for 20 MW gross capacity. It is Maren’s 7th power plant, and with ken 1& 3 and Kiper 1, Kipas hold 10 power plant in total rated gross capacity of 220 MW. With this power plant, the number of Ormat technology based operating powerplants in Turkey reaches 40, and 3 under construction.GLOBAL PROJECTS
Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. RENO, Nev., June 07, 2021 (GLOBE NEWSWIRE) - Ormat Technologies Inc. (NYSE: ORA) announced the completion of the expansion of its McGinness Hills Phase 3 geothermal power plant in Eastern Nevada. The expansion increases the power plant net capacity to approximately 69 MW, bringing the entire McGinness Hills complex capacity to a total of approximately 160 MW. ORMAT TECHNOLOGIES INC. RENO, Nev., Aug. 05, 2019 (GLOBE NEWSWIRE) - Ormat Technologies Inc. (NYSE: ORA) announced today that it commenced commercial operation of the companys first-ever geothermal and solar hybrid project, a 7MW AC solar expansion of its Tungsten Mountain geothermal project in Churchill County, Nevada. The Tungsten Solar expansion commenced commercial operation in July 2019. CODE OF ETHICS APPLICABLE TO SENIOR EXECUTIVES ORMAT TECHNOLOGIES, INC. 6225 Neil Road Reno, Nevada • +1-775-356-9029 • ormat@ormat.com ormat.com . CODE OF ETHICS APPLICABLE TO SENIOR ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste andGLOBAL PROJECTS
Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Ormat is an equal opportunity employer. All qualified applicants for employment with Ormat will receive consideration for employment without regard to race, sex, age, color, religion, marital status, sexual orientation, gender identity, veteran status, status with regard to public assistance, source of income, national origin, citizenship status, disability, or any protected status. LEADERSHIP - ORMAT TECHNOLOGIES INC. - ORMAT TECHNOLOGIES Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste andGEOTHERMAL POWER
Ormat excels in harnessing the earth’s energy, leading the global geothermal market: exploring, designing, developing, building, owning and operating geothermal power plants worldwide. It provides choice, flexibility and optimum, customized solutions. ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. RENEWABLE ENERGY. Ormat is today's only pure-play, vertically integrated geothermal company that designs, develops, builds, owns, manufactures and operates geothermal power plants worldwide. ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste andGLOBAL PROJECTS
Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Ormat is an equal opportunity employer. All qualified applicants for employment with Ormat will receive consideration for employment without regard to race, sex, age, color, religion, marital status, sexual orientation, gender identity, veteran status, status with regard to public assistance, source of income, national origin, citizenship status, disability, or any protected status. LEADERSHIP - ORMAT TECHNOLOGIES INC. - ORMAT TECHNOLOGIES Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste andGEOTHERMAL POWER
Ormat excels in harnessing the earth’s energy, leading the global geothermal market: exploring, designing, developing, building, owning and operating geothermal power plants worldwide. It provides choice, flexibility and optimum, customized solutions. ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. RENEWABLE ENERGY. Ormat is today's only pure-play, vertically integrated geothermal company that designs, develops, builds, owns, manufactures and operates geothermal power plants worldwide.GLOBAL PROJECTS
Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. Renewable. Reliable. Responsible. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and ORMAT TECHNOLOGIES INC. RENO, Nev., June 07, 2021 (GLOBE NEWSWIRE) - Ormat Technologies Inc. (NYSE: ORA) announced the completion of the expansion of its McGinness Hills Phase 3 geothermal power plant in Eastern Nevada. The expansion increases the power plant net capacity to approximately 69 MW, bringing the entire McGinness Hills complex capacity to a total of approximately 160 MW. ORMAT TECHNOLOGIES INC. RENO, Nev., Aug. 05, 2019 (GLOBE NEWSWIRE) - Ormat Technologies Inc. (NYSE: ORA) announced today that it commenced commercial operation of the companys first-ever geothermal and solar hybrid project, a 7MW AC solar expansion of its Tungsten Mountain geothermal project in Churchill County, Nevada. The Tungsten Solar expansion commenced commercial operation in July 2019. CODE OF ETHICS APPLICABLE TO SENIOR EXECUTIVES ORMAT TECHNOLOGIES, INC. 6225 Neil Road Reno, Nevada • +1-775-356-9029 • ormat@ormat.com ormat.com . CODE OF ETHICS APPLICABLE TO SENIORPopup heading
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RENEWABLE. RELIABLE. RESPONSIBLE. Ormat is a leading company in the renewable energy sector. We’re committed to innovation and to advancing the tools and technologies that enable the most efficient development of renewable energy, reducing energy waste and providing sustainable energy managementsolutions.
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ORMAT TECHNOLOGIES INC. UNPARALLELED RENEWABLE ENERGY EXPERTISE$3.25B
market cap
56
years' experience
~1,400
employees
932 MW
portfolio
investor relations
LEADING RENEWABLE ENERGY PROVIDERgeothermal
Recovered Energy
energy storage
GLOBAL. DIVERSE. SUSTAINABLE.see global projects
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A 15-YEAR AGREEMENT FOR GEOTHERMAL POWER WITH CPAMarch 20, 2021
ORMAT AND CLEAN POWER ALLIANCE SIGNED A 15-YEAR AGREEMENT FORGEOTHERMAL POWER
This month (May 2021), Ormat announced that it signed a 15-year power purchase agreement for geothermal power with the Clean Power Alliance (CPA), the fifth largest power provider in California. CPA will purchase 14 MW of power from the Heber South geothermal facility in Imperial Valley, CA. This agreement is a huge milestone for CPA as its first geothermal power contract, and we are proud to partner with the single largest provider of 100% renewable energy to customers in thenation.
The addition of Heber South will contribute to CPA’s greenhouse gas emission reduction goals and enhance overall reliability for CPA’s more than one million southern California customer accounts. This is Ormat’s first contract with CPA, creating the potential for additional agreements in the future as CPA pursues aggressive goals to provide renewable energy to southern California. > Doron Blachar, CEO of Ormat Technologies, said, “This agreement > establishes a mutually productive relationship with CPA, a > recognized leader in the renewable sector, and gives Ormat > additional security through a longer-term PPA than our prior > agreement. Ormat will add 14 MW of renewable energy to CPA’s > already diverse energy portfolio, enabling CPA to power 19,400 homes > and bringing CPA closer to meeting its regulatory obligations under > SB 100 and SB 350, which requires that 65% of Renewables Portfolio > Standard (RPS) procurement be sourced from long-term contracts > beginning in 2021.”>
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> “Partnering with Ormat Technologies is a great fit for Clean Power > Alliance as the Southern California Heber South facility will allow > us to provide renewable geothermal electricity to our customers when > the sun isn’t shining or the wind isn’t blowing,” said Ted > Bardacke Executive Director of Clean Power Alliance. “This is a > win for the environment and a win for grid reliability.”>
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Heber Complex, California, USARead more
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JOIN ORMAT WASTE HEAT FREE WEBINARMarch 20, 2021
WHEN: MAY 5TH 2021
UNLOCK THE VALUE OF WASTE HEAT POTENTIAL Ormat is proud to start a series of free lectures on her REG - Recovered Energy Generation. DID YOU KNOW THAT INDUSTRIAL WASTE HEAT CAN BE A VALUABLE RESOURCE FOR EMISSION FREE ELECTRICITY? Join our FREE WEBINAR about the world of Waste Heat and RecoveredEnergy Generation.
Learn about Ormat activity in the waste heat market, our projects in the USA and Europe and HOW YOU CAN USE THIS TECHNOLOGY IN YOURFACTORY.
Sign up to learn about Waste Heat Recovery projects, Tools for calculating heat power generation and how it can help you. This webinar will be made out of 3 sessions: May 5th 2021 - Introduction to Ormat Recovered Energy Generation - REG May 12th 2021 - Make it practical - Tools for calculating heat powergeneration
May 19th 2021 - Experts panel & Open Q&AClick to register
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VALLECITO ENERGY STORAGE FACILITY IN CALIFORNIA IS ON!March 20, 2021
ORMAT IS PROUD TO ANNOUNCE COMMERCIAL OPERATION OF THE 10 MW/ 40 MWH VALLECITO BATTERY ENERGY STORAGE FACILITY IN CALIFORNIA Ormat announced the commercial operation of the 10 MW/40 MWh Vallecito Battery Energy Storage System (Vallecito BESS). The Vallecito facility brings together best-in-class products, services and engineering talent to provide much needed local capacity, ancillary services and energy optimization to the region’s power grid. The Vallecito BESS provides local resource adequacy to Southern California Edison (SCE) under a 20-year energy storage resource adequacy agreement. In addition, the facility will provide ancillary services and energy optimization through participation in merchant markets run by the California Independent System Operator (CAISO). The Vallecito BESS is Ormat’s second operating BESS facility in California with one more project under construction and multiple other projects in various stages of development. “The Vallecito BESS facility will provide resiliency to the Goleta area and it will also help enhance the overall reliability of the grid as California transitions to 100% emissions-free renewable energy,” said William Walsh, SCE vice president of Energy Procurement &Management.
“We brought together best-in-class products, services and engineering talent to deliver a battery energy storage system that provides much needed local capacity, ancillary services and energy optimization to the region's power grid,” commented Doron Blachar, Ormat’s Chief Executive Officer. “Vallecito represents our seventh operating BESS facility in the US and underscores our strategy to develop, own and operate energy storage facilities in several key US markets, including California, New Jersey (part of the PJM Interconnect), Texas and Vermont (part of the ISO New England). Ormat is committed to be an active participant in California’s effort to achieve its goal of 100% carbon-free electricity by 2045 through massive deployment of renewable energy and energy storage resources. We are pleased to expand our decades-long relationship with SCE with this latest resource, and look forward to continuing to leverage our proven development and operations capabilities to provide load serving entities and grid operators with the expertise to enhance grid performance, stability and responsiveness – while delivering capacity where it is needed the most.”Read more
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A LOOK IN TO THE DEPTH OF A WELL - DOWNHOLE POSITION SENSORMarch 20, 2021
A NEVER-BEFORE SEEN GLIMPSE INTO TO THE DEPTH OF THE WELL > By Benjamin Eilan ORMAT ENGINEERS HAS BEEN DEVELOPING A NEW SENSOR TO EASILY OPERATE PRODUCTION PUMP IN WELLS THAT ARE CONSIDER EXTREMELY CHALLENGING. One of the main challenges in the operation and commissioning process of a deep geothermal line shaft pump is the differential movement between rotating and stationary parts. Production pump are designed with extra _axial play_, meaning, they can tolerate more differential movement between rotating and stationary parts before an impact occurs. However, in some cases even this extra _axial play_ is not enough, and an impact between rotor and stator occurs, in what is called "topping" or "bottoming". This kind of impact can end in a very costly catastrophic failure, in some cases, only a few minutes (!) after a pump has been commissioned. To answer this challenge, Ormat has developed and patented a novel downhole position sensor which tracks the rotor's relative position in real time, enabling operations teams to perform all commissioning and operations with a never-before seen glimpse into to the depth of thewell.
ORMAT HAS BEEN DEVELOPING AND TESTING THIS SENSOR OVER THE LAST FEW YEARS, AND WITH ITS AID – EASILY OPERATING PRODUCTION PUMP IN WELLS THAT WERE PREVIOUSLY CONSIDERED EXTREMELY CHALLENGING. The chart below illustrates this sensor's contribution: a startup of a deep pump was attempted, but the position sensor alerted that the impellers were dangerously close to contacting the bottom of the bowls, so the pump was immediately stopped, it's spacing was readjusted, and it has been running ever since.Read more
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NEW DESIGN CHANGE - EXTENDED LINESHAFTSMarch 20, 2021
HIGHER LOAD CAPACITY ENABLES A 30% INCREASE IN PRODUCTION PUMPFLOWRATE
> By Benjamin Eilan A DESIGN CHANGE ON AN INDUSTRY STANDARD HAS ENABLED ORMAT TO INCREASE FLOW AND GENERATION REVENUE WITHOUT COSTLY DRILLING OF MORE WELLS For many years Ormat has been successfully driving its line shaft production pumps with industry standard lineshafts. A line shaft transfers the power from the motor, which located on the ground, to the pump deep below the surface. While widely used, the industry standard equipment has its power limitations, practically limiting the pumped flowrate from a single well. In an effort to increase flowrate from existing wells, Ormat developed, in close collaboration with its vendors, an extended lineshaft assembly, including all the associated parts. The extended lineshaft has been successfully installed and operated in wells in Ormat's fleet and enabled an increase of 30% in the flowrate extracted from these wells, directly impacting the power generation inthe plant.
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INTRODUCING ORMAT’S BETWEEN-BEARINGS TURBINEMarch 20, 2021
INCREASING PRODUCT LIFE AND PERFORMANCE WITH CUTTING-EDGE TECHNOLOGY> By Alex Katz
We are proud to introduce our new, high-performance between-bearings turbine, yet another step towards our vision of a sustainable, renewable energy future. Utilizing the traditional radially split design, the turbine rotor in the new product is supported between the axially spaced bearings. The new design offers the best of both worlds. Maintaining the radially split design optimizes high temperature and pressure management while keeping costs to a minimum. The between-bearings rotor Enhances rotor durability, increasing the product life of the bearings and improving the power output from a single turbine by up to 50% when compared to the overhang design. Ormat’s between-bearings turbine design is field-proven, with over 25 turbines already in operation globally. It operates with up to five expansion stages, for maximum performance and efficiency. STEAMBOAT HILLS REPOWER, 2020 STEAMBOAT COMPLEX 1988-2020, NV, USA, 84 MW We’re on a mission to become a leading global provider of renewable energy, while building a geographically balanced portfolio of geothermal, recovered energy, and storage assets. The between-bearings turbine is the newest addition to the Ormat family of advanced technology that already includes 71 patents…and counting! We aren’t going to stop here—our team of over 200 engineers is continually working on new technologies to improve power stations through creative thinking and advanced technology. Stay tuned to find out what they come up with next.Read more
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TOP ENERGY NEW GEOTHERMAL POWER PLANTJanuary 27, 2021
Congratulations to our client, Top Energy, for the commissioning of the Ngawha geothermal power station in New Zealand. The Ngawha power station will generate 32MW of power for New Zealand far north. Ormat is proud to have provided the engineering, procurement, and construction services to bring Top Energy’s newest power station to life, and we’re ready to help your company realize its full energy potential with our wide variety of geothermal production products andservices.
Community owned Top Energy recently commissioned the Ngāwhā geothermal power station (OEC4) after an intensive three-year construction, well drilling and plant assembly programme. Despite delays due to COVID-19 the power station was completed six months earlier than planned. A testament to the hard work the company and its contractors United Civil Construction, Iceland Drilling, Culham Engineering and Ormat Technology, Inc. The Ngāwhā power station secures an independent, renewable and affordable power supply, ending the region’s reliance on the National Grid and electricity being transported from the south. Read more in Top Energy Public AdvertiseRead more
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ANOTHER SUCCESS IN TURKEYDecember 24, 2020
We are proud to announce that Gurmat EFE 8 unit 1 was recently brought online at an exceptional short schedule, after a unique effort of the owner and Ormat start-up teams. "_Once again a fruitful and trustful cooperation between Guris and Ormat is proven to lead to a successful implementation and productive project._" Says Gad Shoshan, Sales Director for the Turkish Market The 30 MW unit, one of two in this project, brings the Germencik “Idris” site, west of Aydin to a total capacity of 260 MW which 165 MW produced out of 7 Ormat units."_We cooperate with Ormat for many years. We went through many commercial and technical discussions_. Down the road we know that we will get a reliable and efficient machine, operated at the shortest schedule" says Riza Kadirli Deputy General Manager of Guris "_Since Ormat is the major operator of its equipment, we are sure that every piece of the equipment installed in our power plant is the highest quality from O&M perspective. After all, geothermal is a long-term business_". EFE8 unit 1 is the 42 unit operation in Turkey starting 2006. The total installed capacity of 923 MW makes Ormat the largest equipment producer in the Turkish geothermal industry. ABOUT ORMAT TECHNOLOGIES With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal Company and the only vertically integrated Company engaged in geothermal, recovered energy generation (REG) and EnergyStorage.
With 68 U.S. patents, Ormat’s power solutions have been refined and perfected under the most grueling environmental conditions. Ormat has 578 employees in the United States and 830 overseas. Ormat’s flexible, modular solutions for geothermal power, REG and Storage are ideal for the vast range of resource characteristics. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed to utilities and developers worldwide, totaling over 3,000 MW of gross capacity. Ormat’s current 933 MW generating portfolio is spread globally in the U.S., Guatemala, Guadeloupe, Honduras, Indonesia and Kenya.Read more
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PUNA GEOTHERMAL POWER PLANT - AN ISLAND WITHIN AN ISLANDNovember 12, 2020
WE’RE EXCITED TO ANNOUNCE THAT AS OF NOVEMBER 5, 2020 OUR PUNA POWER PLANT HAS RESUMED OPERATION SUPPLYING CLEAN, RENEWABLE ENERGY FOR HAWAII. WE EXPECT TO REACH FULL OPERATION BY THE MIDDLE OF 2021. Over the past two and a half years, Ormat has been working closely with HAWAIIAN ELECTRICto get our Puna
Geothermal Power Plant back up and running after the devastating Kilauea Volcano eruption. PGV came online in 1993, providing Hawai'i Island with clean, safe, renewable, reliable and affordable energy. On Sunday afternoon, May 27th (Hawaiian time), the approaching lava from the erupting Kilauea volcano, blocked the main access road to the power plant, covered the wellheads of two geothermal wells, burnt the substation of the complex and an adjacent warehouse that storeda drilling rig.
_“After safely securing the plant during the lava intrusion all we could do is sit back and watch this amazing phenomenon.” says Jordan Hara, Ormats power plant manager “I really appreciated Ormat’s commitment and support given to our Puna plant during this event and through recovery. When the lava stopped the next thing that came to my mind is when can we get back online”._ Our teams worked day and night to get the power plant back on. On November 5th, 2020, the electricity production partially resumed. We expect to gradually ramp up to 15 MW by the end of 2020, subject to the successful connection of an additional production well to thepower plant.
Final goal is resuming full operation by the middle of 2021. ABOUT ORMAT TECHNOLOGIES With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal Company and the only vertically integrated Company engaged in geothermal, recovered energy generation (REG) and EnergyStorage.
With 68 U.S. patents, Ormat’s power solutions have been refined and perfected under the most grueling environmental conditions. Ormat has 578 employees in the United States and 830 overseas. Ormat’s flexible, modular solutions for geothermal power, REG and Storage are ideal for the vast range of resource characteristics. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed to utilities and developers worldwide, totaling over 3,000 MW of gross capacity. Ormat’s current 933 MW generating portfolio is spread globally in the U.S., Guatemala, Guadeloupe, Honduras, Indonesia and Kenya.Read more
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ORMAT IN TURKEY - OCT 2020November 17, 2020
The month of October 2020 has seen a tremendous growth of its geothermal power generation capacity. Ormat Technologies had a great part in this growth! In October alone we have operated 3 geothermal power plant for our customers and partners. Among the plants are the 3.5 MW Emirler geothermal power plant, a new business for its owner Halil Pekdemir and the 20 MW Nezihe Beren geothermal power plant of Maren. EMIRLER - The Pekdemir business is in the agriculture market, growing and distributing agriculture products to supermarkets. They also own their own chain. They are a big agriculture landowner around theDenizli area.
Several years ago, Mr. Pekdemir found geothermal resource in his land. First, he used it to heat and cultivate some of his greenhouse. But with the discovery of a stronger resource in Emirler, we met and worked on a program to develop it for electricity generation too. On Dec 6th ,2019 we sign the first unit, Emirler JES 1, in a capacityof 3.5 MW.
We are very proud that with the full support of Pekdemir team, headed by Sinan Akbay, we succeeded to deliver and install the first unit in a record time of less than 11 months. Now we are planning the continuation- Emirler JES 2 and other areas inthe future.
NEZIHE BEREN - Yet another geothermal power plant of Maren, one of Kipas Holding companies. Maren signed their first geothermal plant in Germencik area (Irem) with Ormat on Feb 11, 2010. Nezihe Beren was signed on June 20, 2019 for 20 MW gross capacity. It is Maren’s 7th power plant, and with ken 1& 3 and Kiper 1, Kipas hold 10 power plant in total rated gross capacity of 220 MW. With this power plant, the number of Ormat technology based operating powerplants in Turkey reaches 40, and 3 under construction. EMIRLER, PEKDEMIR, TURKEY, 3.5 MW EMIRLER, PEKDEMIR, TURKEY, 3.5 MWRead more
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STEAMBOAT HILLS GEOTHERMAL PLANT 360-DEGREE VIDEONovember 17, 2020
With travel and safety restrictions limiting our geothermal facility tours this year, our business development and marketing teams have come up with a creative solution to show off our newest facility! Check out the 360-degree video of our newest geothermal facility, Steamboat Hills, below. With 360-degree video technology, you can pause the video, move the screen, or tilt your phone to view the plant from any perspective you want. Give it a test drive on your laptop, phone, or tablet device to see geothermal as you’ve never seen it before. (Recommended browser is Chrome, recommended setting of 1080p.) The Steamboat Hills complex is located in Washoe County, Nevada and is part of the Steamboat Complex that is comprised of six power plants utilizing binary systems with both air and water cooling. The generating capacity of the complex is 84 MW, with the first plant reaching commercial operation in 1992, and the most recent plant reaching commercial operation in June of 2020.Read more
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WIND GUIDING VANES PATENTOctober 1, 2020
WE ARE PROUD TO RELEASE FOR COMMERCIAL IMPLEMENTATION, OUR RECENT REGISTERED PATENT FOR WIND GUIDING VANES For couple of years Ormat studied the wind flow production effect on its Don A Campbell geothermal complex and confirmed the theoretically known major effect on Air Cooled Condensers thermal performance. ORMAT MANAGED TO RECOVER 2000 MWH TO THE YEARLY PRODUCTION USING ITS RECENTLY PATENTED WIND GUIDING VANES (WGV), developed using computational fluid dynamics (CFD) analysis and optimization process. FOLLOWING THE PROMISING RESULTS, ORMAT NOW OFFERS THE WGV TO ITSWORLDWIDE CLIENTS.
Wind has a major effect on Air Cooled Condensers thermal performance, thus, on geothermal plants power generation. To regain plant generation during winds, wind effect analysis was performed in Don A Campbell, an Ormat geothermal power plant in Nevada. Field tests were executed on small scale system, including fan flowrate measurements and smoke tests. Results showed a significant performance improvement with the WGV system equipped bays in windy conditions. Rankine cycle condenser thermal performance determines the turbine back pressure, thus has direct impact on power plant generation, especially in low enthalpy (geothermal heat resource) Organic Rankine Cycle application. Following the promising results, full scale solution was implemented in Don A Campbell and is now a commercial patented solution. AFTER: BEFORE: Early this year, Ormat published a Technical paper reviewing the wind effect mitigation methods for air cooled condensers, fundamental analysis of the problem and Ormat designed solution. Read the complete description, tests and results in the article. DON A. CAMPBELL COMPLEX, NV, USA, 36 MWRead more
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