Ormat Technologies Inc. (HNM)

Profile

https://www.ormat.com

Ormat Technologies Inc. is a leading global renewable energy company specializing in geothermal power generation and recovered energy solutions. Operating through three primary business segments—Electricity, Product, and Energy Storage—the company develops, builds, owns, and operates geothermal and solar photovoltaic power plants across multiple continents, including the United States, Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe. Beyond power generation, Ormat designs and manufactures specialized equipment for geothermal and recovered energy systems, offering complete turnkey power plant solutions to customers in over 30 countries. The company has recently expanded into energy storage services, including battery energy storage systems and grid-connected solutions that provide capacity and ancillary services. As the only vertically integrated company in the geothermal and recovered energy sector, Ormat leverages decades of operational expertise to maintain competitive advantages in maintenance and rapid response to operational challenges. Headquartered in Reno, Nevada, the company combines proven engineering capabilities with global presence to deliver clean, reliable renewable energy solutions worldwide.