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A 20MW/80MWh BESS in California which was brought online in 2015 and bought by Ormat in 2020. Image: AltaGas.

Geothermal energy player Ormat’s battery storage strategy paying off

August 4, 2022
US geothermal energy company Ormat Technologies’ energy storage division achieved gross margin of 25.3% in Q2 2022.
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Geothermal company Ormat buys Viridity Energy for US$35 million to enter storage market

January 3, 2017

Geothermal power and renewable energy developer Ormat Technologies has signalled its intent to join demand response and energy storage markets with the purchase of Viridity Energy.

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Zinc battery storage player Eos Energy receives US$22.7 million from US DOE loan

US clean energy future hangs in balance in US Senate’s ‘vote-a-rama’ on reconciliation bill  

PowerChina begins construction of ‘world’s largest generation-side’ battery storage project

US grid-scale BESS market could shrink by almost a third in 2026, Wood Mackenzie says

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Clean energy experts weigh in as US Senators vote on tax reconciliation bill

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Local authorities enact moratoriums on large-scale BESS development in Oregon, New York

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