Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Guadeloupe Economic Daily.
Ormat Technologies Announces Strategic Leadership Changes
GlobeNewswire, Inc.
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June 5, 2025
ORMAT EXPANDS MANAGEMENT TEAM TO SUPPORT ELECTRICITY SEGMENT GROWTH AND EGS INITIATIVES ARON WILLIS APPOINTED EXECUTIVE VICE PRESIDENT, ELECTRICITY SEGMENT DANIEL MOELK APPOINTED SENIOR VICE PRESIDENT, RESOURCES, DRILLING, & EGS RENO, Nev., June...
Ormat Announces the Completion of Its Acquisition of the Blue Mountain Geothermal Power Plant From Cyrq Energy
GlobeNewswire, Inc.
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June 18, 2025
ACQUISITION INCREASES ORMAT’S ELECTRICTY SEGMENT GENERATING PORTFOLIO TO 1,268MW POTENTIAL TO UNLOCK ADDITIONAL VALUE THROUGH EXPECTED PPA RENEWAL AND ASSET UPGRADES RENO, Nev., June 18, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE:...
Ormat Technologies Signs PPA for a New Geothermal Power Plant in Guadeloupe
GlobeNewswire, Inc.
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March 4, 2024
RENO, Nev., March 04, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, announced today that it has signed a 30-year Power Purchase Agreement (PPA) with Electricité de France (EDF) for the...
Ormat Technologies Reports Fourth Quarter and Year-End 2023 Financial Results
GlobeNewswire, Inc.
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February 21, 2024
DELIVERED A 77.8% INCREASE IN ANNUAL DILUTED EPS AND A 25.0% INCREASE IN ANNUAL ADJUSTED DILUTED EPS COMPARED TO PRIOR YEAR COMPANY ON TRACK TO MEET 2026 GENERATING CAPACITY GOALS OF 2.1 TO 2.3 GW HIGHLIGHTS TOTAL REVENUES FOR THE FOURTH QUARTER...
Enhanced Geothermal System Market Projected to Hit USD 3.9 billion by 2031, Growing at 3.7% CAGR: Transparency Market Research, Inc.
GlobeNewswire, Inc.
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February 12, 2024
Wilmington, Delaware, United States, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global enhanced geothermal system market is estimated to flourish at a CAGR of 3.7% from 2023 to 2031. Transparency Market Research...
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year End 2023 Financial Results
GlobeNewswire, Inc.
·
January 23, 2024
RENO, Nev., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its fourth quarter and full year 2023 financial results in a press release that will be...
Ormat Technologies Reports Third Quarter 2023 Financial Results
GlobeNewswire, Inc.
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November 8, 2023
HIGHLIGHTS TOTAL REVENUES FOR THE THIRD QUARTER INCREASED BY 18.3% YEAR OVER YEAR, WITH GROWTH ACROSS ALL THREE OPERATING SEGMENTS NARROWS ITS FULL-YEAR REVENUE AND EBITDA GUIDANCE, DEMONSTRATING CONFIDENCE IN THE BUSINESS’S OUTLOOK AND PORTFOLIO...
Ormat Technologies Announces $62 Million Hybrid Tax Equity Partnership for Two Energy Storage Facilities
GlobeNewswire, Inc.
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May 27, 2025
RENO, Nev., May 27, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced the signing of a $62 million Hybrid Tax Equity partnership with Morgan...
Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2023 Financial Results
GlobeNewswire, Inc.
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October 10, 2023
RENO, Nev., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its third quarter 2023 financial results in a press release that will be issued on...
Ormat and Gotion Sign a New Multi-Year Agreement Supporting the Company’s Energy Storage Growth Plans
GlobeNewswire, Inc.
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September 18, 2023
RENO, Nev., Sept. 18, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced that it has secured a new multi-year contract in partnership with Gotion High-Tech to supply batteries in...
Ormat Technologies Reports Second Quarter 2023 Financial Results
GlobeNewswire, Inc.
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August 2, 2023
STRATEGIC PORTFOLIO GROWTH AND CAPACITY ADDITIONS DRIVE SUBSTANTIAL INCREASE IN NET INCOME NEW TARGET INCREASED TO 1.9 GW - 2.0 GW BY YEAR END 2025, DRIVEN BY SUCCESSFUL EXPANSION EFFORTS HIGHLIGHTS TOTAL REVENUES FOR THE SECOND QUARTER INCREASED...
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2023 Financial Results
GlobeNewswire, Inc.
·
July 6, 2023
RENO, Nev., July 06, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its second quarter 2023 financial results in a press release that will be issued on...
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2023 Financial Results
GlobeNewswire, Inc.
·
July 6, 2023
RENO, Nev., July 06, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its second quarter 2023 financial results in a press release that will be issued on...
Ormat Commences Commercial Operation of Two New Battery Storage Facilities for 43MW/43MWh of Cumulative Capacity
GlobeNewswire, Inc.
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June 26, 2023
RENO, Nev., June 26, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced that it has successfully commenced commercial operations for two new battery storage facilities, adding a...
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2023 Financial Results
Benzinga
·
April 10, 2023
RENO, Nev., April 10, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. ORA, a leading geothermal, energy storage, solar PV and recovered energy power company, today announced that it plans to publish its first quarter 2023 financial results in a...
Ormat Technologies Reports First Quarter 2023 Financial Results
GlobeNewswire, Inc.
·
May 9, 2023
HIGHLIGHTS TOTAL NET INCOME GREW BY 57.5% AND OPERATING INCOME INCREASED BY 17.9% SUPPORTED BY IRA BENEFITS AND CONTRIBUTION FROM NEW ASSETS ADJUSTED EBITDA GREW BY 14.5% IN LINE WITH FULL YEAR RUN RATE GUIDANCE NEW CAPACITY OF 50MW IN OUR STORAGE...
NAI Global Plans Caribbean Expansion Through New Master License Agreement with NAI Island Commercial
EIN Presswire
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March 17, 2023
NAI Island Commercial aims to aggregate commercial listings, market data and brokerage services across the region’s many island territories. ST. THOMAS, VIRGIN ISLANDS, UNITED STATES, March 17, 2023 /EINPresswire.com/ -- NAI Global, a leading...
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2023 Financial Results
GlobeNewswire, Inc.
·
April 10, 2023
RENO, Nev., April 10, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal, energy storage, solar PV and recovered energy power company, today announced that it plans to publish its first quarter 2023 financial...
Ormat Technologies Reports Fourth Quarter and Year-End 2022 Financial Results
GlobeNewswire, Inc.
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February 22, 2023
HIGHLIGHTS TOTAL REVENUES OF $734.1 MILLION FOR FULL YEAR 2022 INCREASED BY 10.7% YEAR-OVER-YEAR, DRIVEN BY GROWTH IN ALL THREE OPERATING SEGMENTS OPERATING INCOME INCREASED BY 10.7% FOR THE FOURTH QUARTER AND 8.3% FOR THE FULL YEAR COMPARED TO...
Ormat Secured a Financing Agreement for the Development of Ijen Geothermal Project
GlobeNewswire, Inc.
·
January 12, 2023
RENO, Nev., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) - Ormat Technologies (NYSE: ORA) and PT Medco Power Indonesia (“Medco Power”) through their subsidiary company, PT Medco Cahaya Geothermal (“MCG”), signed a...