United States · Mechanical Or Industrial Engineering

Ormat Technologies

Ormat Technologies engages in the geothermal and recovered energy power business.

PublicFor profit

Mechanical Or Industrial EngineeringReno, Nevada, United States

Why reach out now

What the record says about Ormat Technologies as a customer or partner.

Against its peers

Set against 7,395 Mechanical Or Industrial Engineering companies in United States. The ring marks the typical peer.

LinkedIn followers40k#37 of 7,321; the typical peer has 51
Staff1001-5000Larger than the typical peer (11-50)
Founded196523 years before the typical peer (1988)
Website traffic#1.3MBusier than the typical peer's site (#6.0M)

Across all 5.9M companies: larger than 97% of those with a size listed; older than 92% of those with a founding year; website ranked #1,301,872 in the world, about 21k visits a month. 1,246 people list it on LinkedIn, and 40,172 follow it.

About Ormat Technologies

With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”) as well as Energy storage solutions, with the objective of becoming a leading global provider of renewable energy. Ormat designs, manufactures, operates, owns, and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and… Read all

With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”) as well as Energy storage solutions, with the objective of becoming a leading global provider of renewable energy. Ormat designs, manufactures, operates, owns, and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. With 77 U.S. patents, Ormat’s power solutions have been refined and perfected under the most grueling environmental conditions. Ormat has over 1,400 employees around the world. Ormat’s flexible, modular solutions for geothermal power, Waste heat (REG), and Energy storage are ideal for a vast range of resource characteristics. The Company has engineered, manufactured, and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling over 3,200 MW of gross capacity. Ormat’s current 1,100 MW generating portfolio is spread globally in Kenya, Guadalupe, Guatemala, Indonesia, Honduras, and the United States. Ormat expanded its operations to provide energy storage solutions by leveraging its core capabilities, global presence, and experience in the energy market. Ormat's mission is to generate, deliver, build, and distribute clean, efficient, reliable, and environmentally sound manner energy. We want to become a leading global provider of renewable energy while building a geographically balanced portfolio of geothermal, recovered energy, and storage assets. We believe in renewable, green energy solutions for a sustainable future! WON'T YOU JOIN US?

What it does

EnergyEnvironmental ConsultingGeothermal EnergyRenewable EnergyGeothermal Power PlantsRemote Power UnitsRecovered Energy Power PlantsENERGY MANAGEMENT & STORAGERenewable Energy

One of 7,395 Mechanical Or Industrial Engineering companies in United States, and of 27,530 in the industry worldwide.

Funding, as listed

What the source datasets report. We have not watched these rounds ourselves, and do not hold this company in the startups database.

$2.2B

raised in total across 8 rounds

Last raised Mar 2023, 3 years ago

Rounds
8
Latest round
Post ipo equity
Latest amount
$62M
Investors
22 leading

Corporate family

Where it sits in its group, and the deals it has done.

This companyOrmat Technologies3acquisitions made

Key facts

Who started it and how it trades.

Founded by
Dita Bronicki, Lucien Yehuda Bronicki
Apps
1

Every detail we hold

Everything the source datasets list about Ormat Technologies, field by field. Contact details are held but never shown.

The company8 fields

Name
Ormat Technologies
Type
For profit
Status
Public
Founded
1965
Founders
Dita Bronicki, Lucien Yehuda Bronicki
Industry
Mechanical Or Industrial Engineering
Categories
Energy, Environmental Consulting, Geothermal Energy, Renewable Energy
Specialities
Geothermal Power Plants, Remote Power Units, Recovered Energy Power Plants, ENERGY MANAGEMENT & STORAGE, Renewable Energy

Where4 fields

City
Reno
Region
Nevada
Country
United States
Markets
Western US

Size and reach6 fields

Staff band
1001-5000
People on LinkedIn
1,246
LinkedIn followers
40,172
Web traffic rank
#1,301,872
Monthly web visits
20,610
Apps
1
Show 11 more fieldsShow fewer fields

Funding, as listed8 fields

Total
$2,209,700,000 USD
Rounds
8
Latest round
Post ipo equity
Latest round date
Mar 2023
Latest amount
62,000,000 USD
Investors
2
Lead investors
2
Listing status
public

Corporate family1 field

Acquisitions made
3

About this record2 fields

Sources
Crunchbase, LinkedIn
Last imported
Sept 2026

Growth, as the source summarises it

Ormat Technologies reported strong earnings growth and progress towards its 2026 goals. The company secured a 15-year energy storage deal with Riverside and a 15-year resource adequacy purchase and sale agreement with the City of Riverside for the 80MW/320MWh Shirk Energy Storage Facility. Ormat Technologies also reported strong Q1 2024 results, surpassing analyst expectations. Additionally, the company issued $45.2 million in convertible notes and signed a power purchase agreement for a new geothermal power plant in Guadeloupe.

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