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North Valley, an Ormat geothermal power plant which went online in 2023. Image: Ormat Technologies.

Ormat Technologies awarded tolling agreements for two Israeli BESS totalling 300MW/1,200MWh

February 20, 2025
US renewable energy company Ormat Technologies has won a tender for two separate 15-year tolling agreements for two energy storage facilities with a combined capacity of 300MW/1,200MWh.
A 2023 ribbon-cutting to inaugurate an Ormat BESS project in Bowling Green, Ohio, US. Image: Ormat Technologies.

Ormat puts 320MWh California BESS online, moves to monetise its 40% tax credit

October 30, 2024
IPP Ormat Technologies has put an 80MW/320MWh BESS in California into commercial operation, and will now leverage the investment tax credit (ITC) for which it is eligible.
A 2023 ribbon-cutting to inaugurate an Ormat BESS project in Bowling Green, Ohio, US. Image: Ormat Technologies.

Ormat signs seven-year tolls for two ERCOT BESS projects

August 16, 2024
IPP Ormat Technologies has signed seven-year tolling agreements with Equilibrium Energy for two BESS projects in the ERCOT, Texas market.
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Ormat and Gotion agree lithium carbonate price-linked supply deal

September 18, 2023
Geothermal and battery storage firm Ormat Technologies and lithium-ion manufacturer Gotion have agreed a multi-year supply deal totalling up to 750MWh.
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ROUNDUP: Lucrative projects for New Jersey, ABB’s gas-battery microgrid, Bosch JV in Germany

April 19, 2018
News in brief from around the world of energy storage.

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