Subscribe To Premium
Premium Subscription

ormat technologies

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.
Krafla_geothermal_power_station_wiki

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.

Email Newsletter

Most Popular

ROUNDUP: FlexGen data centre partnership, Energy Vault ERCOT BESS for Jupiter Power, Stem supports rPlus Energies in Utah

ERCOT’s projected load growth ‘unrealistic and impossible’, Ascend Analytics says

Powin files for Chapter 11 bankruptcy protection and spins off project services business

Premium

California Energy Commission public information meeting for Engie BESS project draws huge interest

Powin could cease operations by end of July if ‘present business circumstances do not improve’

Texas governor Greg Abbott signs law establishing decommissioning procedures for BESS

Upcoming Events

PV ModuleTech USA 2025

June 17
 - June 18
, 2025
Napa, USA

Advancing Energy Storage in New York Part 2: Building Out the Supply Chain

June 17
 - June 17
, 2025
2pm EST / 7pm BST

Green Hydrogen Summit UK & Ireland 2025

July 1
 - July 2
, 2025
London, UK

UK Solar Summit 2025

July 1
 - July 2
, 2025
London, UK

Wind Power Finance & Investment Summit

July 1
 - July 2
, 2025
Leonardo Royal Hotel London Tower Bridge, London, UK

ASIA Sustainable Energy Week 2025 (ASEW)

July 2
 - July 4
, 2025
Bangkok, Thailand
Energy-Storage.News is part of the Informa Markets Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Copyright © 2025. All rights reserved. Informa Markets, a trading division of Informa PLC.