Ormat Technologies, Inc.

Ormat Technologies, Inc. is a leading provider of clean and sustainable energy solutions, primarily focused on geothermal and recovered energy power generation. The company operates across multiple international markets, including the United States, Indonesia, Kenya, Turkey, and Chile, among others. Ormat's business model is vertically integrated, encompassing the development, construction, ownership, and operation of power plants, as well as the design, manufacturing, and sale of specialized equipment for energy generation. Its Electricity segment is dedicated to producing and selling electricity from geothermal, solar photovoltaic, and recovered energy sources. The Product segment offers comprehensive engineering, procurement, and construction services, alongside the sale of essential equipment for these types of power plants. Furthermore, Ormat is expanding into the burgeoning energy storage sector with its battery energy storage systems and related services. The company serves a diverse client base, including contractors, plant owners and operators in the geothermal, natural gas, cement, and biomass industries, as well as other energy-intensive industrial enterprises. This diversified approach positions Ormat as a key player in the global transition towards renewable energy, leveraging its extensive experience and technological expertise to deliver reliable and environmentally friendly power solutions.