Ormat Technologies

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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

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]