Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Guadeloupe Technology Digest.
Ormat Technologies Announces Strategic Commercial Agreement With Sage Geosystems Inc.
RENO, Nev., Aug. 28, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today has announced the signing of a strategic commercial agreement with Sage Geosystems Inc. (“Sage”), a...
Ormat Technologies Reports Second Quarter 2025 Financial Results
EXPANDED PORTFOLIO AND FAVORABLE OBBB POLICY SUPPORT LONG TERM GROWTH TARGETS HIGHLIGHTS NET INCOME AND ADJUSTED EBITDA GROWTH OF 26.1% AND 6.7%, RESPECTIVELY SUCCESSFUL COMPLETION OF 20MW BLUE MOUNTAIN GEOTHERMAL POWER PLANT ACQUISITION SECURED...
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2025 Financial Results
RENO, Nev., July 07, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publish its second quarter financial results in a...
Ormat Technologies Announces Strategic Leadership Changes
ORMAT EXPANDS MANAGEMENT TEAM TO SUPPORT ELECTRICITY SEGMENT GROWTH AND EGS INITIATIVES ARON WILLIS APPOINTED EXECUTIVE VICE PRESIDENT, ELECTRICITY SEGMENT DANIEL MOELK APPOINTED SENIOR VICE PRESIDENT, RESOURCES, DRILLING, & EGS RENO, Nev., June...
Ormat Technologies Announces $62 Million Hybrid Tax Equity Partnership for Two Energy Storage Facilities
RENO, Nev., May 27, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced the signing of a $62 million Hybrid Tax Equity partnership with Morgan...
Ormat Technologies Reports First Quarter 2025 Financial Results
REVENUE GROWTH AND RECORD QUARTERLY ADJUSTED EBITDA SUPPORT ONGOING STRATEGIC PORTFOLIO EXPANSION HIGHLIGHTS TOTAL REVENUES AND NET INCOME1 IMPROVED 2.5% AND 4.6%, RESPECTIVELY RECORD ADJUSTED EBITDA OF $150.3 MILLION, AN INCREASE OF 6.4% VS LAST...
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2025 Financial Results
RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publish its first quarter financial results in a...
Ormat Technologies Reports Fourth Quarter and Year-End 2024 Financial Results
STRATEGIC PORTFOLIO EXPANSION SUPPORTS CONTINUED REVENUE AND ADJUSTED EBITDA GROWTH STRONG FULL-YEAR RESULTS REINFORCES ORMAT’S MOMENTUM, REMAINING ON PACE TO ACHIEVE GENERATING CAPACITY GOALS OF 2.6 TO 2.8 GW BY 2028 HIGHLIGHTS TOTAL REVENUES FOR...
Ormat Technologies Awarded Tolling Agreements for Two Energy Storage Facilities in Israel
RENO, Nev., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), (“Ormat” or the “Company”) a leading geothermal and renewable energy technology company, today announced that it has won a tender issued by the Israeli Electricity...
Ormat Technologies Signs 10-Year PPA With Calpine Energy Solutions for Up to 15MW of Carbon-Free Geothermal Capacity
RENO, Nev., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the signing of a 10-year Power Purchase Agreement (PPA) with Calpine Energy Solutions, one of...
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year End 2024 Financial Results
RENO, Nev., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced that it plans to publish its fourth quarter and full year 2024 financial results in a press...
Ormat Technologies Inc. Secures Strategic Land Parcels in Utah BLM Auction to Advance Future Geothermal Development
RENO, Nev., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced it has successfully secured 1,678 acres in Utah’s Bureau of Land Management (BLM) Auction. These...
Ormat Technologies Announces Major EPC Contract With Contact Energy for 101MW Geothermal Plant in New Zealand
RENO, Nev., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal and renewable energy technology company, today announced that it has reached an understanding with Contact Energy to sign an Engineering,...
Ormat Technologies Announces Successful Monetization of 40% Investment Tax Credit for Bottleneck Energy Storage Facility
RENO, Nev., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced the successful deal to transfer investment tax credits (ITCs) from the 80MW/320MWh Bottleneck Project to third...
Ormat Technologies Reports Third Quarter 2024 Financial Results
REVENUE AND ADJUSTED EBITDA GROWTH HIGHLIGHT CONTINUED PROGRESS TOWARDS ACHIEVING GROWTH TARGETS HIGHLIGHTS ELECTRICITY SEGMENT REVENUES AND ADJUSTED EBITDA INCREASE DRIVEN BY SOLID OPERATIONAL EXECUTION AND A STRATEGICALLY EXPANDED GENERATION...
Ormat Technologies Inc. Secures Land Parcels in Nevada's BLM Auction to Advance Future Geothermal Development
RENO, Nev., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced it has successfully secured multiple land parcels in Nevada’s Annual Bureau of Land Management (BLM) Auction....
Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2024 Financial Results
RENO, Nev., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its third quarter financial results in a press release that will be issued on...
Ormat Publishes 2024 Sustainability Report, Marking 60 Years of Innovation and Impact
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. The report highlights Ormat’s progress in...
Ormat Commences Commercial Operation of Lower Rio Energy Storage Facility, Delivering 60MW/120MWH of Energy Storage Capacity
Facility Operating Under Ormat’s First Tolling Agreement in Texas Successful Closing of Ormat’s First Hybrid Tax Equity Deal RENO, Nev., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading...