Ormat Technologies, INC.: insider trades · United States · SEC (Form 4)

About Ormat Technologies, INC.

Ormat Technologies, Inc. is a U.S.-based company listed on the NYSE under the ticker ORA and is widely recognized as a global specialist in geothermal power and energy storage. Headquartered in Reno, Nevada, United States, Ormat has more than six decades of operating experience and has built a reputation around a highly integrated business model that spans technology development, equipment manufacturing, project construction, and power plant ownership and operation. This vertical integration is a core differentiator: Ormat is the only fully integrated company active in geothermal and recovered energy generation (REG), giving it control across the value chain from engineering to long-term operations. ([investor.ormat.com](https://investor.ormat.com/corporate-profile/?utm_source=openai)) The company’s business is organized around three main segments. The Electricity segment owns and operates power plants that generate and sell electricity under long-term contracts or merchant exposure. The Product segment designs, manufactures, and sells geothermal and REG equipment and power plants to third parties, leveraging Ormat’s proprietary technology and decades of engineering know-how. The Energy Storage segment is increasingly important, as the company expands into grid-scale storage to support renewable integration, capacity needs, and price volatility management. Ormat also highlights hybrid configurations that combine geothermal, solar PV, and storage, reflecting its broader strategy of monetizing clean, dispatchable infrastructure. ([investor.ormat.com](https://investor.ormat.com/corporate-profile/?utm_source=openai)) From a competitive standpoint, Ormat occupies a niche but strategically valuable position. Geothermal power is attractive because it delivers low-carbon, baseload electricity with high availability, which makes it particularly relevant for utilities, industrial users, and data center demand growth. Ormat states that it has engineered, manufactured, and constructed plants totaling approximately 3,400 MW of gross capacity as of December 31, 2024, including geothermal and REG assets. Its geographic footprint is international, with a meaningful presence in the United States as well as in markets such as Indonesia, Israel, and parts of Latin America, providing both operational diversification and exposure to different power-market structures. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1296445/000130817925000240/ora012673-def14a.htm?utm_source=openai)) Recent developments point to a company in expansion mode. In 2025 and early 2026, Ormat announced new long-term power purchase agreements, new energy storage commercial operations, and strategic technology partnerships aimed at accelerating Enhanced Geothermal Systems (EGS), including collaborations with SLB and Sage Geosystems. Management has also emphasized that energy storage revenues increased materially as new projects came online and market conditions improved. In its February 2026 full-year results, Ormat said 2025 revenue rose 12.5% year over year and reiterated a growth strategy centered on geothermal, next-generation geothermal technologies, and storage, supported by strong demand for reliable, carbon-free electricity. ([investor.ormat.com](https://investor.ormat.com/news-events/news/news-details/2026/Ormat-Technologies-Reports-Fourth-Quarter-and-Year-End-2025-Financial-Results/default.aspx?utm_source=openai))