Company

Ormat Technologies, Inc.

Headquarters: Reno, NV, United States

Founded: 1965

Employees: 1,385

NYSE: ORA -0.15%

Market Cap

$4.56 Billion

USD as of Jan. 1, 2024

Market Cap History

Ormat Technologies, Inc. market capitalization over time

Evolution of Ormat Technologies, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Ormat Technologies, Inc.

Detailed Description

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, 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, recovered energy-based electricity generation, and remote power units, such as fossil fuel powered turbo-generators and heavy duty direct-current generators; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. The Product segment serves contractors; developers, owners, and operators of geothermal power plants; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers energy storage and related services, as well as services relating to the engineering, procurement, construction, operation, and maintenance of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.

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Stocks & Indices

Ormat Technologies, Inc. has the following listings and related stock indices.


Stock: NYSE: ORA wb_incandescent

Stock: FSX: HNM wb_incandescent

Stock: TASE: ORA wb_incandescent

Product & Services

Geothermal power, Energy recovery

Key People

Founder(s): Lucien and Dita Bronicki

Financials

Revenue: US$ 705 million (2020)

Operating income: US$ 193.8 million (2019)

Net income: US$ 174.31 million (2020)


Total assets: US$ 779.15 million (2020)

Total equity: US$ 218.99 million (2020)

Details

Headquarters:

6140 Plumas Street

Reno, NV 89519-6075

United States

Phone: 775-356-9029

Fax: 775-356-9039