Ormat Publishes 2024 Sustainability Report, Marking 60 Years of Innovation and Impact
ORA(NYSE:ORA) RENO, Nev., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the release of its annual Sustainability Report.
Ormat Commences Commercial Operation of Lower Rio Energy Storage Facility, Delivering 60MW/120MWH of Energy Storage Capacity
ORA(NYSE:ORA) RENO, Nev., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy company, today announced the successful commencement of commercial operations at its Lower Rio energy storage facility. This 60MW/120MWh Battery Energy Storage System (BESS), located in Texas, will provide energy and ancillary services under a seven-year tolling agreement.
Ormat Signs 25-Year PPA Extension with SCPPA, Securing Long-Term Renewable Energy Supply for Southern California
ORARENO, Nev., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, announced today that it signed a 25-year extension to its existing power purchase agreement (PPA) with the Southern California Public Power Authority (SCPPA), for 52MW from Heber 1 geothermal facility. This long-term agreement, which is effective February 2026, will ensure the continued delivery of clean, baseload geothermal energy to the Los Angeles Department of Water and Power (LADWP) and the Imperial Irrigation District (IID). Ormat will supply the SCPPA with electricity from the Ormat Heber 1 geothermal facility, located in the Imperial Valley of Southern California.
This Urban Outfitters Analyst Is No Longer Bearish; Here Are Top 2 Upgrades For Friday
ORABarclays Upgrades Ormat Technologies to Overweight, Raises Price Target to $86
ORAOrmat Technologies Signs $62M Hybrid Tax Equity Deal With Morgan Stanley Renewables For Battery Storage And Solar Projects Targeting 2025 Completion
ORABarclays Maintains Equal-Weight on Ormat Technologies, Raises Price Target to $80
ORAOrmat Technologies Affirms FY2025 Sales Guidance of $935.00M-$975.00M vs $950.87M Est
ORAOrmat Technologies Q1 Adj. EPS $0.68 Beats $0.57 Estimate, Sales $229.76M Beat $227.52M Estimate
ORAJefferies Maintains Buy on Ormat Technologies, Raises Price Target to $86
ORABaird Initiates Coverage On Ormat Technologies with Neutral Rating, Announces Price Target of $81
ORAJP Morgan Maintains Neutral on Ormat Technologies, Raises Price Target to $75
ORAOrmat Technologies Q4 2024 Adj. EPS $0.72 Beats $0.51 Estimate, Sales $230.700M Miss $235.090M Estimate
ORAJefferies Upgrades Ormat Technologies to Buy, Raises Price Target to $78
ORAOrmat Technologies Has Won A Tender Issued By The Israeli Electricity Authority And Has Been Awarded Two Separate 15-Year Tolling Agreements For Two Energy Storage Facilities
ORAAssessing Ormat Technologies: Insights From 4 Financial Analysts
ORAJefferies Initiates Coverage On Ormat Technologies with Hold Rating, Announces Price Target of $73
ORAOrmat Technologies Secured 1,678 Acres In Utah's Bureau Of Land Management Auction To Support Ormat's Ongoing Operations And Development Projects In The State, Further Strengthening The Co's Commitment To Advancing Renewable Energy Solutions And Meeting U
ORAPiper Sandler Initiates Coverage On Ormat Technologies with Neutral Rating, Announces Price Target of $78
ORAOrmat Technologies Sees FY24 Revenue $875M-$893M Vs $892.19M Est.
ORAOrmat Technologies Q3 2024 Adj. EPS $0.42 Beats $0.31 Estimate, Sales $211.800M Miss $216.790M Estimate
ORAEarnings Outlook For Ormat Technologies
ORAOrmat Technologies (NYSE:ORA) is set to give its latest quarterly earnings report on Monday, 2022-05-02. Here's what investors need to know before the announcement.
Analysts estimate that Ormat Technologies will report an earnings per share (EPS) of $0.33.