Ormat Technologies, Inc. (ORA) NYSE

142.93

+6.315(+4.62%)

Updated at June 02 12:43PM

Currency In USD

Ormat Technologies, Inc.

Address

6140 Plumas Street

Reno, NV 89519-6075

United States of America (the)

Phone

775 356 9029

Sector

Utilities

Industry

Renewable Utilities

Employees

1512

First IPO Date

November 11, 2004

Key Executives

NameTitlePayYear Born
Doron BlacharChief Executive Officer1.62M1968
Aron John WillisExecutive Vice President of Electricity Segment364,1161975
Jessica WoelfelGeneral Counsel, Chief Compliance Officer & Corporate Secretary700,7121977
Ofer BenyosefExecutive Vice President of Energy Storage & Business Development772,4521964
Shimon HatzirConsultant793,9561962
Assaf GinzburgChief Financial Officer982,7821975
Daniel MoelkSenior Vice President of Resources, Drilling & EGS0N/A
Elad ZalkinSenior Vice President of Projects, Planning & Control, Business Excellence0N/A
Smadar LaviVice President, Head of Investor Relations & ESG Planning and Reporting0N/A
Liza TavoriExecutive Vice President of Human Resources0N/A
Nirit GrushkoSenior Vice President of Engineering, R&D Innovation & QEHS0N/A

Description

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally. It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal, recovered energy-based electricity generation, and remote power units, such as fossil fuel powered turbo-generators and heavy duty direct-current generators; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. The Product segment serves contractors; developers, owners, and operators of geothermal power plants; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers energy storage and related services, as well as services relating to the engineering, procurement, construction, operation, and maintenance of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.