Ormat Technologies · raw details

Geothermal and Waste Heat Power · Yavne · Founded 1965

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Highlights

Climate tech1 patent

About

Geothermal and Waste Heat Power

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.

Identity

NameOrmat Technologies
Slugormat-technologies
Former namesOrmat Industries
Type / kindstartup
Crunchbase IDormat-technologies
Source _idagxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgN6bmYMIDA

Status

Statusactive
Status reasonPublic on TASE on Jan, 1991;Public on NYSE on Nov, 2004;
Last update2026-05-17

Location

HQ country codeIL
HQ region/districtCenter District
HQ cityYavne
HQ addressShidlovski Street 1, Yavne, Israel

Web & social

Websitehttps://www.ormat.com/en/home/a/main
Careers pagehttp://www.ormat.com/careers
LinkedInhttps://www.linkedin.com/company/44998
Twitter / Xhttps://twitter.com/ormatinc
YouTubehttps://www.youtube.com/channel/UC406sKw8q178HVwixjQPOAA

Classifications

Primary sector Energy Tech
Sub-sectors
Climate TechEnergy TransitionClean Energy GenerationEnergy TechEnergy Production & Sources
Target customers
Energy, Utilities & Waste ManagementUtilitiesElectricity
Business models
B2GB2B
Tags
energy-storagerenewable-energyelectric-utilitiesoil-and-gas-companiesenergyclimate-techgeothermalenergytechmanufacturing-facilities

Funding

Total raised$900.0M
Current stagePublic
Market cap$4.6B

Raw source document

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