Ormat Technologies
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.
An Ormat 20MW binary power plant at Steamboat, Nevada, USA. | |
| Company type | Public company |
|---|---|
| ISIN | US6866881021 |
| Industry | |
| Founded | 1965 |
| Founder | Lucien and Dita Bronicki |
| Headquarters | Reno, Nevada, U.S. |
| Products | |
| Revenue | US$703 million (2022) |
| US$175 million (2022) | |
| 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 |
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 [3]. The company's main production facilities are located in Yavne, Israel.