Ormat Technologies Company Description
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, Indonesia, the Philippines, and internationally.
It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity.
The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, and construction of geothermal and recovered energy-based power plants.
The Energy Storage segment provides battery energy storage systems and related services. The company serves contractors, geothermal plant owners and operators, interstate natural gas pipeline owners and operators, gas processing plant owners and operators, cement plant owners and operators, and biomass facilities owners and operators, as well as other companies engaged in energy-intensive industrial processes.
Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.

Country | United States |
Founded | 1965 |
Industry | Utilities - Renewable |
Sector | Utilities |
Employees | 1,512 |
CEO | Doron Blachar |
Contact Details
Address: 6884 Sierra Center Parkway Reno, Delaware 89511-2210 United States | |
Phone | 775 356 9029 |
Website | ormat.com |
Stock Details
Ticker Symbol | ORA |
Exchange | Tel Aviv Stock Exchange |
Stock Type | Common Stock |
Fiscal Year | January - December |
Reporting Currency | USD |
ISIN Number | US6866881021 |
SIC Code | 4911 |
Key Executives
Name | Position |
---|---|
Doron Blachar | Chief Executive Officer |
Assaf Ginzburg C.P.A. | Chief Financial Officer |
Jessica Woelfel J.D. | General Counsel, Chief Compliance Officer and Corporate Secretary |
Shimon Hatzir | Executive Vice President of Electricity Segment |
Ofer Ben Yosef | Executive Vice President of Energy Storage and Business Development |
Smadar Lavi | Vice President, Head of Investor Relations and ESG Planning and Reporting |
Liza Tavori | Executive Vice President of Human Resources |
Nirit Grushko | Senior Vice President of Engineering, Research & Development Innovation and QEHS |
Elad Zalkin | Senior Vice President of Projects, Planning and Control, Business Excellence |