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Should Ormat Technologies Stock be in Your Portfolio? ORA – ORA provides flexible and modular geothermal energy solutions through its power plants and energy storage assets, which significantly reduce the need for fossil fuels. With the expected Biden Administration focus on clean energy, we believe ORA has the potential to deliver stellar returns this year. Jan 13, 2021 Ormat Technologies, Inc. (ORA) is a leading geothermal company that develops, operates, and sells geothermal and REG power plants. It is the only vertically inte...

Ormat jumps on Texas energy storage acquisition Ormat’s wholly owned subsidiary, Viridity Energy Solutions Inc., will design, build, own and operate a 25 MW battery energy storage system (BESS) project at the site. Israeli geothermal and recovered energy generation provider Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) has announced that it has completed the acquisition of a shovel-ready energy storage asset in Upton County, Texas. No financial details about the acquisition were disclosed. Ormat's share price jumped 5.13% on Wall Street on Friday to $86.52, giving a market cap of $4.83 bil...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Ormat Expands Energy Storage Presence, Acquires a Shovel-Ready Project in Upton County, Texas Ormat Technologies, Inc.December 16, 2020 GMT RENO, Nev., Dec. 16, 2020 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) today announced that it has completed the acquisition of a shovel-ready energy storage asset in Upton County, Texas. Ormat acquired the asset from Con Edison Development. Ormat’s wholly owned subsidiary, Viridity Energy Solutions Inc., will design, build, own and operate a 25 MW...