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Worker at Ormat's Olkaria III Geothermal Power Station in Kenya Wairakei Power Station in New Zealand, powered by Ormat equipment. Ormat Technologies, Inc. is an international company based in Reno, Nevada, United States. Ormat supplies alternative and renewable geothermal energy technology. The company has built over 190 power plants and ...
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, Procurement, and Construction (EPC) contract for the development of the Te Mihi Stage 2 101MW geothermal power plant in New Zealand.
Ormat Technologies (ORA) has shifted its focus to developing Solar PV power plants in locations where it can offer competitively priced power generation.
Menengai II Geothermal Power Station: Owned by Globelq and 3. Menengai III Geothermal Power Station: Owned by Sosian Energy. Menengai I Geothermal Power Station uses new geothermal technology jointly developed by Toshiba Corporation and Ormat Technologies Inc to harness more energy from the steam supplied to the plant by increasing efficiency. [7]
The Olkaria III Power Station first started operation in 2000, running one Ormat power plant with a generation capacity of 13 megawatts (17,000 hp). In January 2009 new infrastructure was installed, adding another 35 megawatts (47,000 hp) to the plant's capacity.
In 2008, energy company U.S. Geothermal, later bought by Ormat, revived the plant to provide around 10 megawatts of energy, according to the Idaho Governor’s Office of Energy Resources.
Ormat Technologies (ORA) has plans to expand geothermal operation in the United States. It has recently entered into a 15-year PPA with Clean Power Alliance.
The Puna Geothermal Venture (PGV) is a geothermal energy power plant on the island of Hawaii, the largest island in the state of Hawaii.The plant was shut down shortly after the start of the May 2018 lower Puna eruption, and resumed power generation in November 2020. [1]