Last updated 2026-06-18
- Went public on TASE, Jan 1991
- Raised $185M funding round, Aug 2022
- Raised $290M funding round, Jul 2020
Total raised
$900.0M
Last: 2022-08
Stage
Public
Founded
1965
Headcount
500+
HQ
Yavne, Israel
Sector
Energy Tech
About
Ormat Technologies is a vertically integrated geothermal company that explores, drills, designs, builds, manufactures, owns, finances, and operates geothermal power plants.
The Ormat Recovered Energy Generation unit, based on organic Rankine cycle technology, converts waste heat from industrial processes into power that can be consumed on-site or sold to the grid, and is used in energy storage solutions worldwide.
Funding history · 2 rounds · $900.0M total
2022-08
$185.0M
2020-07
$290.0M
Q&A
- What was Ormat Technologies' most recent funding round?
- In August 2022, Ormat Technologies raised $185,000,000 in a funding round, with BlackRock participating as an investor.
- When did Ormat Technologies become a public company on the NYSE?
- Ormat Technologies became public on the NYSE in November 2004, with an IPO amount of $108,000,000 and a valuation of $500,000,000.
- What is Ormat Technologies' primary business?
- Ormat Technologies is a vertically integrated geothermal company that explores, drills, designs, builds, manufactures, owns, finances, and operates geothermal power plants. They also convert waste heat from industrial processes into power using organic Rankine cycle technology.
- What is the employee count for Ormat Technologies?
- Ormat Technologies has 500+ employees.
- What is Ormat Technologies' market capitalization?
- Ormat Technologies has a market capitalization of $4,624,676,918.
- What is a recent product launched by Ormat Technologies?
- Ormat Technologies has launched a Battery Energy Storage System.
- What is the latest significant partnership announced by Ormat Technologies?
- In October 2025, SLB and Ormat Technologies partnered to accelerate integrated geothermal asset development and enhanced geothermal systems.
- What is Ormat Technologies' most recent public offering?
- In March 2023, Ormat Technologies had a public offering of $300,000,000 on the NYSE.
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Climate TechEnergy TransitionClean Energy GenerationEnergy TechEnergy Production & Sources
Target customers
Energy, Utilities & Waste ManagementUtilitiesElectricity
Business model
B2GB2B
Highlights
Climate Tech1 Patents
Tags
energy-storagerenewable-energyelectric-utilitiesoil-and-gas-companiesenergyclimate-techgeothermalenergytechmanufacturing-facilities
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | ormat.com/en/home/a/main |
|---|---|
| linkedin.com/company/44998 | |
| YouTube | youtube.com/channel/UC406sKw8q178HVwixjQPOAA |
| Wikipedia | en.wikipedia.org/wiki/Ormat_Technologies |
| Wikidata | wikidata.org/wiki/Q1549511 |
Identifiers & details
| Former names | Ormat Industries |
|---|---|
| Founded | 1965-1 |
| Employees (exact) | 1278 |
| Offices | Reno |
| Market cap | $4.6B |
| Status reason | Public on TASE on Jan, 1991;Public on NYSE on Nov, 2004; |
| Wikidata QID | Q1549511 |
Acquisitions & public offerings
| Type | Date | Exchange | Ticker | Amount |
|---|---|---|---|---|
| 2023-03 | NYSE | $300.0M | ||
| 2020-11 | NYSE | $307.0M | ||
| 2004-11 | NYSE | $108.0M | ||
| 1991-01 | TASE |
Radar intelligence
Open jobs — smartrecruiters
| Total open | 13 |
|---|---|
| Remote | 0 |
| By department | Brady (2), General Office (1), Human Resources (1), Engineering (2), Finance (2) |
| By location | Reno, NV, us (8), Philadelphia, PA, us (2), Reno, Nevada, us (1), Austin, NV, us (2) |
| Title | Location | Department |
|---|---|---|
| HR -Test - Template | Reno, NV, us | |
| HR -Test - Template | Reno, NV, us | |
| VESI Test 2 | Philadelphia, PA, us | |
| Muffin Baker Test | Reno, NV, us | |
| Cindy-Test | Reno, NV, us | |
| Cindy-Test | Reno, NV, us | Brady |
| Cindy-Test | Reno, Nevada, us | General Office |
| Marcy Test | Austin, NV, us | Brady |
| Test Template 2 | Reno, NV, us | Human Resources |
| General Template-Scorecard | Reno, NV, us | Engineering |
| Test Template 2 | Reno, NV, us | Finance |
| Financial Analyst | Philadelphia, PA, us | Finance |
Patents
| EPO | 331 |
|---|
App Store
| App | Rating | Ratings |
|---|---|---|
| FleetOR |
Web history (Wayback)
| Domain | ormat.com |
|---|
Wikidata
| QID | Q1549511 |
|---|
Certificate / subdomain footprint
| Subdomains | 31 |
|---|