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 the production of geothermal and recovered energy (“REG”), with the goal of becoming a leading global supplier of renewable energy. The Company owns, operates, designs, manufactures 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 US patents, Ormat’s power solutions have been refined and perfected under the harshest environmental conditions. Ormat has 584 employees in the United States and 762 overseas. Ormat’s flexible and modular solutions for geothermal energy and REG are ideal for a wide range of resource characteristics. The Company has designed, manufactured and built power plants, which it currently owns or has installed with utilities and developers around the world, totaling over 2,900 MW of gross capacity. Ormat’s current 917 MW production portfolio is spread across the world in the United States, Kenya, Guatemala, Indonesia, Honduras and Guadeloupe. Ormat has expanded its business to provide energy storage and energy management solutions, leveraging its core capabilities and global presence as well as through its subsidiary Viridity Energy Solutions Inc ..