Ormat Technologies, Inc. ORA

What this company does

Ormat Technologies, Inc. is a vertically integrated company primarily engaged in the geothermal power business. As of December 31, 2025, it employed 1,648 professionals across its global operations, including 531 in Israel, 797 in the U.S., and 320 in other countries. In the Electricity segment, it develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world, and sells the electricity they generate. In the Product segment, it 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. In the Energy Storage segment, it owns and operates grid-connected, stand alone In Front of the Meter BESS facilities, which provide capacity, energy and ancillary services directly to the electric grid.

Written from the business description in ORMAT TECHNOLOGIES, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.