ORA News and Press, Ormat Technologies Inc. From 06/27/23

Orange SASE Advanced reduces complexity and provides greater scalability, agility, visibility, and network control Stolt-Nielsen, a global expert in bulk liquid logistics and sustainable land-based aquaculture, has chosen Orange Business to provide a Secure Access Service Edge (SASE) so...

2023-06-26 09:58:32 ET Ormat Technologies ( NYSE: ORA ) said Monday it has begun commercial operations for two new battery storage facilities in Texas and New Jersey, adding 43 MW of cumulative capacity. The 23 MW Upton project in Texas will provide energy and ancillary serv...

RENO, Nev., June 26, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced that it has successfully commenced commercial operations for two new battery storage facilities, adding a cumulative capacity of 43MW/43MWh. These storage assets...

2023-06-20 10:07:20 ET Ormat Technologies ( NYSE: ORA ) has signed a new agreement to build a 50MW geothermal power plant in New Zealand, the company said Tuesday. The company executed the signing of agreements with Eastland Generation Limited (EGL), a regional infr...

RENO, Nev., June 20, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (Ormat), a leading geothermal, energy storage, photovoltaic (PV), solar and recovered energy power company, today announced the signing of agreements with Eastland Generation Limited (EGL) to build a 50MW power plant in New Ze...

Simpler operational model for customers with end-to-end accountability improves agility, efficiency, performance, and security Orange Business, Orange Cyberdefense and Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, have joined forces to deliver a managed Secure Acce...

2023-06-09 07:09:20 ET Summary Ormat Technologies has established itself as a major player in the geothermal energy market, but its current valuation of 44x forward earnings is too high for a comfortable investment case. The company has shown strong growth, with net income growing...

RENO, Nev., May 30, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies (NYSE: ORA), a leading geothermal, energy storage, photovoltaic (PV) solar and recovered energy power company, today announced the successful resumption of operations at the Heber 1 power plant in California. This achievement comes a...

2023-05-25 06:14:17 ET Solar is emerging as an energy superpower with this year's investment in the sector ($380B) set to surpass spending on oil production ($370B) for the first time. That's according to Fatih Birol, executive director of the International Energy Agency, who said the d...

2023-05-22 13:53:04 ET Ormat Technologies ( NYSE: ORA ) +1.6% in Monday's trading as Barclays initiates coverage with an Equal Weight rating and $89 price target, seeing the company as an established geothermal industry player "well positioned to benefit from the renewed industr...