Israel’s geothermal giant celebrates 20 years on the New York Stock Exchange
Ormat collects heat energy from the earth's crust transforming it into electricity.
Ormat
Ormat adds another geothermal power plant to America
Ormat Technologies, one of the world’s leading geothermal green energy power plant companies, has already tapped the earth’s geothermal energy sources in Europe, the USA, Russia, Indonesia, Central and South America, and a 100 Megawatt plant in New Zealand.
World’s Biggest 100 MW Geothermal Plant Built by Israel’s Ormat in New Zealand
The New York Stock Exchange-traded company Ormat Technologies (NYSE:ORA) has built what’s being cited as the world’s largest geothermal plant.
Ormat to Provide 330 Megawatts of Geothermal Energy in Sumatra, Indonesia
Indonesia has 40 percent of the world’s exploitable geothermal energy potential. A big congratulations to Ormat technologies of Yavne, Israel for signing a $254 million deal for providing geothermal energy in Indonesia! The first phase of the 330-megawatt Sarulla geothermal power station in Sumatra is due to begin operating in 2016. Sumatra lies in one […]
Arab Israeli Yafa Energy Plans to Solar Power Traditional Industry
Yafa Energy could be a bridge over which Arab-Israeli technology finds its way to industries in the Arab world seeking renewable energy solutions. Eureka! Yafa Energy has become the first Arab-Israeli company to win a prestigious European Union EUREKA (Exceptional, Unconventional Research Enabling Knowledge Acceleration) grant. Awarded through Israel’s Prime Minister’s office, Yafa was named […]
International Finance Corp Looking To Invest Millions In Israeli Cleantech
Israeli cleantech has long been present in the American market. Companies like Ormat have been developing geothermal resources in the US for decades. Now Israeli companies may be getting support to expand to developing countries as well. A senior official from the International Finance Corp (IFC)–a member of the World Bank, with a portfolio of $12 […]
Ormat Rising Stocks A Boon For Israel Geothermal
For years, the goldmine for Israeli cleantech companies has been the American economy. And as Israel deploys innovative technologies across the Atlantic, it is increasingly breaking ground and gaining profits ahead of American companies. Just last week, shares of the Reno, Nevada-based unit of Israeli geothermal company, Ormat Technologies (NYSE: ORA), rose more than 2.7 […]
Israel’s Geothermal Giant Ormat Signs Deal For Solar In California
Israel’s Geothermal Giant Ormat Signs Deal For Solar In California It already has an international presence, but Israel’s Ormat Industries (NYSE: ORA) just made its global presence a little brighter: On December 21, Ormat’s US subsidiary Ormat Technologies announced that it will be developing its very first 10 megawatt solar photovoltaic (PV) farm near one […]
Ormat Lands Its Largest Geothermal Deal in New Zealand at $130 m.
The US subsidiary of the Israeli company lands the largest geothermal deal in New Zealand, with Maoris. Geothermal heats up in New Zealand: Ormat has told the Israeli business newspaper Globes that it has developed its biggest deal yet in the geothermal industry – one which uses heat from the earth’s crust to generate power. […]
Look Out Germany! Saudi Arabia to Overtake You as Solar World Leader
Installation of a planned 20 GW of solar over the next 20 years will catapult Saudi Arabia to world leadership in solar Saudi Arabia has set a staggering national goal to have 20 GW (20,000MW) of solar generation installed over the next twenty years, according to Saudi officials speaking to CSP Today. Although there have […]
Ormat’s Salt Wells Among Renewable Projects Prioritized on BLM Lands
John Edwards at Energy Prospects is reporting that five geothermal projects totaling 489 MW projects have been selected by the Bureau of Land Management to be prioritized in the Western US this year. Among the five is the 40 MW Salt Wells project being developed by Nevada’s Ormat Technologies, the subsidiary of Ormat Industries, founded […]
Does geothermal energy cause volcanoes?
Could the Ormat geothermal project at Sarulla in Sumatra, Indonesia have caused the recent volcano? Worries about Ormat's geothermal and the volcano in Indonesia are unfounded
Israel Cleantech Intelligence: Ormat and 7 More Headlines
Ormat’s Waste Heat Recovery solution, hunger in Africa, fighting desertification and more headlines related to Israeli cleantech and the environment. As part of Israel’s plan to reduce energy use by 20%, new televisions and computer monitors that aren’t energy efficient may be outlawed. General Atlantic is in talks to acquire a stake in irrigation systems […]
Successful Ormat Waste Heat Recovery Test Could Green Dying Oil Fields
Israeli geothermal energy company Ormat is soaking up excess energy from an oil field in Wyoming. One of the most interesting of the US Recovery Act geothermal funding recipients – it received $4.5 Million – is Ormat Industries, the Israel-based vertically integrated geothermal energy and waste heat recovery specialist. Working with the US Department of […]
Global Investment Plummet Hits Israeli Cleantech Companies… Except BrightSource and Ormat
A slow recovery in the global cleantech sector has left many Israeli companies without VC funding and media coverage, while BrightSource Energy and Ormat Technologies continue to thrive. The decrease in VC investments in cleantech companies over the past year and in particular Q3 is raising questions about the cleantech industry’s recovery. According to NASDAQ, […]