Ormat Technologies, Inc. is a renewable energy company that develops, owns, and operates geothermal, recovered energy, and energy storage facilities. The company also designs and manufactures equipment used to generate electricity from geothermal resources and waste heat, including its Ormat Energy Converter systems.
Ormat’s geothermal activities include the exploration and development of geothermal resources, power plant construction, and long-term operation and maintenance. Its recovered energy business converts industrial waste heat and other low-temperature heat sources into electricity. Through its energy storage operations, the company provides grid-scale storage solutions that can support power reliability, flexibility, and integration of intermittent renewable generation.
Founded in 1965 by Lucien and Yudit Bronicki, Ormat began as an Israeli engineering and equipment company before expanding into geothermal project development and power generation. The company serves customers and operates projects in multiple regions, including the United States, Latin America, the Caribbean, Africa, and other international markets. Doron Blachar serves as Ormat’s president and chief executive officer.
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