Geothermal Research and Tech IEA

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Geothermal Research and Tech IEA ( geothermal-research-and-tech-iea )

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Sponsor Activities Chapter 26 Ormat Technologies, Inc View of the 104 MWe (gross) Steamboat Geothermal Complex, owned and operated by Ormat. This facility supplies enough electricity to satisfy the demands of the residential load of Reno, Nevada seen in the background. (Courtesy of Ormat Technologies) 26.0 Introduction- Ormat Technologies, Inc. Ormat Technologies (NYSE:ORA) is a leading vertically integrated company engaged in the geothermal and recovered energy power business. The company has over four decades of ORC experience and over 25 years offering proven geothermal applications. Ormat explores, develops, designs, builds, owns and operates clean, environmentally friendly geothermal and recovered energy-based power plants. In addition, Ormat also designs, manufactures and sells power units and other power generating equipment for geothermal and recovered energy-based electricity generation for third parties. As of December 2010, Ormat owns and operates approximately 553 MWe of geothermal (50 MWe of North Brawley in California and 15 MWe of Jersey Valley in Nevada, which are currently below design capacity) and recovered energy generation (REG) facilities, including approximately 500 MWe of geothermal and 53 MWe of REG in the United States. In total, Ormat has built approximately 1,370 MWe of geothermal, REG and solar installations worldwide, in 24 countries. Geothermal represents over 90% of the total installation. In the U.S, Ormat has deployed approximately 70% of the geothermal capacity installed since 2000. Ormat has grown to a team of 1,150 employees worldwide, with approximately 500 in the United States. 282

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