Ormat Technologies, Inc. is a renewable energy company that develops, owns, and operates clean energy assets. The company’s primary business is geothermal power, using heat from the earth to generate electricity. It also provides recovered energy solutions that convert waste heat from industrial processes into power.
Ormat’s portfolio includes geothermal, recovered energy, solar photovoltaic, and energy storage projects. In addition to owning and operating power plants, the company designs and manufactures equipment for geothermal and recovered energy applications and provides related engineering, construction, and operation services.
Founded in 1965, Ormat serves customers and markets in the United States and internationally. Its operations and projects have included locations in North America, Latin America, the Caribbean, Africa, and other regions with suitable renewable energy resources. Doron Blachar serves as the company’s chief executive officer, while co-founder Lucien Bronicki has been associated with Ormat’s leadership and development since its early years.
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