Ormat Technologies

Ormat Technologies, Inc. operates as a holding company. The firm engages in the geothermal and recovered energy power businesses. It operates through the following segments: Electricity, Product and Energy Storage. The Electricity segment focuses on the sale of electricity from the company's power plants pursuant to power purchase agreements. The Product segment involves the manufacture, including design and development, of turbines and power units for the supply of electrical energy and in the associated construction of power plants utilizing the power units manufactured by the company to supply energy from geothermal fields and other alternative energy sources. The Energy Storage segment consists of battery energy storage systems as a service and management of curtailable customer loads under contracts with U.S. retail energy providers and directly with large commercial and industrial customers. The company was founded in 1965 and is headquartered in Reno, NV.

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Ormat Technologies reports strong 2022 finish and projects growth

Ormat Technologies had a robust 2022, expecting continued growth in 2023 with strong global demand for renewable energy.
The company's focus on capital investment in geothermal and storage assets positions it well for future expansion.
Challenges like delays and market fluctuations are being addressed strategically to maintain stability and drive growth.
Opportunities in revenue growth, new projects, and market conditions offer a positive outlook for Ormat's future performance.

Ormat Technologies reports robust Q1 earnings and growth opportunities

Ormat Technologies' Q1 2023 performance reflects strong financial growth and operational resilience.
The company's ESG commitment and growth plans position it well for future opportunities in the renewable energy sector.
Challenges in managing capital expenditure and balancing growth with sustainability efforts require strategic focus.
Anticipated benefits from regulatory initiatives offer potential for enhanced profitability and market positioning.

Ormat Technologies posts robust Q2 results, eyes geothermal expansion

Ormat Technologies delivered a strong quarter with significant growth in geothermal, solar, and energy storage projects, setting the stage for future expansion.
The company's focus on portfolio expansions, financial stability, and commitment to geothermal development positions it well for future growth.
Despite margin challenges and pricing fluctuations, Ormat's strategic initiatives and asset eligibility for tax credits offer avenues for sustained success.

Ormat Technologies reports strong Q3 results and strategic acquisitions

Ormat Technologies' Q3 2023 earnings call showcased robust financial results, operational progress, and strategic initiatives positioning the company for future growth. While facing challenges from interest rate impacts and market dynamics, Ormat is capitalizing on opportunities for expansion and efficiency improvements.

Ormat Technologies excels in Q4, eyes growth in renewables

Ormat Technologies delivered strong financial performance in Q4 2023, with revenue and EBITDA growth, strategic acquisitions, and positive outlook for 2024.
The company's strengths include a solid balance sheet, commitment to renewable energy, and clear growth strategies, despite facing challenges like PTC reduction and portfolio adjustments.
Opportunities in expanding storage capacity, margin improvements, and unveiling longer-term targets at Analyst Day highlight Ormat's potential for sustained growth and value creation.
Navigating challenges, seizing opportunities, and leveraging strengths position Ormat Technologies for continued success in the renewable energy sector.

Ormat Technologies excels in Q1 2024, eyes renewable energy growth

Ormat Technologies' strong Q1 2024 performance underscores its growth trajectory driven by operational improvements and strategic acquisitions.
While facing challenges in PPA negotiations and pricing pressures, the company remains well-positioned to capitalize on the global shift towards renewable energy.
With a focus on expanding generating capacity, optimizing agreements, and engaging stakeholders, Ormat is poised for continued success in the renewable energy sector.

Ormat Technologies excels in Q2 2024, eyes U.S. market expansion

Ormat Technologies' Q2 2024 performance reflects strong revenue growth, improved margins, and a positive outlook for future expansion. The company's strategic focus on portfolio expansion, operational efficiency, and revenue diversification positions it well for sustained growth in the renewable energy sector.

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Call Will Be Webcast Simultaneously Call Will Be Webcast Simultaneously

Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2021 Financial Results

RENO, Nev., April 01, 2021 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc.1 (NYSE: ORA) today announced the commercial operation of the 10 MW/40 MWh Vallecito Battery Energy Storage System (Vallecito BESS). The Vallecito BESS provides local resource adequacy to Southern California Edison (SCE) under a 20-year energy storage resource adequacy agreement. In addition, the facility will provide ancillary services and energy optimization through participation in merchant markets run by the California Independent System Operator (CAISO).

Ormat Commences Commercial Operation of the 10 MW/ 40 MWh Vallecito Battery Energy Storage Facility in California

Ormat Technologies (ORA) reported earnings 30 days ago. What's next for the stock?

Why Is Ormat Technologies (ORA) Down 17.5% Since Last Earnings Report?

NEW YORK, March 24, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors Ormat Technologies, Inc. ("Ormat" or the "Company") (NYSE: ORA). Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Ormat Technologies, Inc. - ORA

Los Angeles, California--(Newsfile Corp. - March 12, 2021) -  The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ormat Technologies, Inc. ("Ormat" or "the Company") (NYSE: ORA) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Ormat is the subject of a report published by Hindenburg Research...

ONGOING INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ormat Technologies, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - March 11, 2021) -  The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ormat Technologies, Inc. ("Ormat" or "the Company") (NYSE: ORA) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Ormat is the subject of a report published by Hindenburg Research...

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Ormat Technologies, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - March 9, 2021) -  The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ormat Technologies, Inc. ("Ormat" or "the Company") (NYSE: ORA) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Ormat is the subject of a report published by Hindenburg Research...

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Ormat Technologies, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

Los Angeles, California--(Newsfile Corp. - March 5, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ormat Technologies, Inc. ("Ormat" or "the Company") (NYSE: ORA) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Ormat is the subject of a report published by Hindenburg Research...

ONGOING INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Ormat Technologies, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)---- $ORA #CLASSACTION--Glancy Prongay & Murray LLP (“GPM”), a national investor rights law firm, continues its investigation on behalf of Ormat Technologies, Inc. (“Ormat” or the “Company”) (NYSE: ORA) investors concerning the Company and its officers' possible violations of the federal securities laws. If you suffered a loss on your Ormat investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your

Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of Ormat Technologies, Inc. (ORA) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)---- $ORA #investors--The Law Offices of Frank R. Cruz Continues Its Investigation of Ormat Technologies, Inc. (ORA) on Behalf of Investors

The Law Offices of Frank R. Cruz Continues Its Investigation of Ormat Technologies, Inc. (ORA) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)---- $ORA #CLASSACTION--Law Offices of Howard G. Smith continues its investigation on behalf of Ormat Technologies, Inc. ("Ormat" or the "Company") (NYSE: ORA) investors concerning the Company and its officers' possible violations of federal securities laws. On March 1, 2021, before the market opened, Hindenburg Research published a report entitled “Ormat: Dirty Dealings in ‘Clean' Energy.” According to the report, the Company “has engaged in what we believe to be widespread and systema

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Ormat Technologies, Inc. (ORA) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)---- $ORA #investors--The Law Offices of Frank R. Cruz Announces Investigation of Ormat Technologies, Inc. (ORA) on Behalf of Investors

The Law Offices of Frank R. Cruz Announces Investigation of Ormat Technologies, Inc. (ORA) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)---- $ORA #CLASSACTION--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Ormat Technologies, Inc. (“Ormat” or the “Company”) (NYSE: ORA) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Ormat investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities law

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Ormat Technologies, Inc. (ORA) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)---- $ORA #ORA--INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ormat Technologies, Inc.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ormat Technologies, Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

BENSALEM, Pa.--(BUSINESS WIRE)---- $ORA #CLASSACTION--Law Offices of Howard G. Smith announces an investigation on behalf of Ormat Technologies, Inc. (“Ormat” or the “Company”) (NYSE: ORA) investors concerning the Company's possible violations of federal securities laws. On March 1, 2021, before the market opened, Hindenburg Research published a report entitled “Ormat: Dirty Dealings in ‘Clean' Energy.” According to the report, the Company “has engaged in what we believe to be widespread and systematic acts of inten

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Ormat Technologies, Inc. (ORA) on Behalf of Investors

Ormat Technologies' (ORA) top line drops 6.8% year over year in the fourth quarter due to lower revenues from its Product segment.

Ormat Technologies (ORA) Q4 Earnings Beat, Revenues Down Y/Y

Comments in Short Seller Report are Inaccurate, False and Misleading Comments in Short Seller Report are Inaccurate, False and Misleading

Ormat Technologies Issues Statement

Boston, Massachusetts--(Newsfile Corp. - March 1, 2021) - Block & Leviton LLP (www.blockleviton.com), a national securities litigation firm, announces that it is investigating Ormat Technologies, Inc. (NYSE: ORA) for potential violations of the federal securities laws. Before the markets opened on March 1, 2021, analyst Hindenburg Research published a scathing report on Ormat entitled "Ormat: Dirty Dealings in 'Clean' Energy." In its report, Hindenburg wrote that Ormat "has engaged in what we believe to be...

SHAREHOLDER ALERT: Ormat Technologies, Inc. Investigated for Possible Securities Laws Violations by Block & Leviton LLP; Investors Should Contact the Firm

Ormat Technologies, Inc. (ORA) CEO Doron Blachar on Q4 2020 Results - Earnings Call Transcript

Shares of Ormat Technologies (NYSE:ORA) moved higher in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 62.50% over the past year to $0.39, which beat the estimate of $0.34.

Recap: Ormat Technologies Q4 Earnings

NET INCOME ATTRIBUTABLE TO THE COMPANY'S STOCKHOLDERS FOR THE FOURTH QUARTER INCREASED 64.2% YEAR OVER YEAR

Ormat Technologies Reports Fourth Quarter and Year-End 2020 Financial Results

Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-End 2020 Financial Results

Ormat Technologies (ORA) has moved higher as of late, but there could definitely be trouble on the horizon for this company.

Ormat Technologies (ORA) is in Overbought Territory: What's Next?

This Acquisition Reinforces the Company's 2022 Growth Target This Acquisition Reinforces the Company's 2022 Growth Target

Ormat Expands Energy Storage Presence, Acquires a Shovel-Ready Project in Upton County, Texas

﻿RENO, Nevada, Dec. 02, 2020 (GLOBE NEWSWIRE) -- UNITED STATES DISTRICT COURT

News for Ormat Technologies Stock (ORA)