102:
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93:
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33:
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601:. The process is claimed to be more efficient than other technologies as it includes gasification, which substantially reduces the requirement for natural gas, typically the largest input cost in an in-situ oil sands project. The technology is used in the Long Lake project, a former joint venture between
573:
energy generation, and the firm is the third largest geothermal producer in the United States. The technology is also suitable for recovered energy power generation, which converts waste heat from industrial processes into electricity that can be used on site or sold to power generation utilities.
430:
increased interest in efficient generation technology. The firm obtained financial assistance from the
Israeli government and raised capital from private investors to build one of the world's first solar-driven power stations. However the power station was not economically viable and was abandoned
481:
raising $ 100 million. Ormat
Technologies was founded in 1994 as a US subsidiary of Ormat Industries. Following the initial public offering, Ormat Industries was restructured as a holding company that was still listed in the exchange, while shifting all its operations to the subsidiary Ormat
565:
and pollutants. The main components are a vaporizer/preheater, turbo-generator, air-cooled or water-cooled condenser, feed pump and controls. The firm has installed more than 900 MW of geothermal and recovered energy generation (REG) power units, based on this technology.
498:
As of May 2016, the FIMI fund and
Bronicki Investment Fund were the company's largest shareholders, holding 14.83% and 7.23% of the company's shares, respectively. The rest of the company's shares are held by institutional bodies and by the public.
586:, a large-scale solar thermal energy collector with integral heat storage. It was the largest operating solar pond ever built for electricity generation and operated until 1988. It had an area of 210,000 m and gave an electrical output of 5 MW.
410:
Ormat was established in 1965 as Ormat
Turbines Ltd. (later renamed Ormat Industries), in Yavne, Israel, by engineer Lucien Bronicki, the company's chairman and CTO until 2014, and his wife Yehudit "Dita" Bronicki, who served as CEO until 2014.
488:
In June 2014, Dita
Bronicki resigned from her position as CEO and was appointed to serve on the board of directors of Ormat Technologies. Yoram Bronicki was elected to serve as chairman of the board of directors of Ormat Technologies.
394:
based power plants. Ormat has supplied over 1000 turbochargers worldwide: North
America, South America, Europe, Australia, and Asia. The company's products also include turbines, generators, and heat exchangers.
414:
In the late 1950s Lucien
Bronicki worked in a government physics laboratory, where he developed a turbine to produce electricity from a range of energy sources, including solar; the process is known as the
830:
Carl
Nielson, Aliakbar Akbarzedeh, John Andrews, Humberto R Becerra L and Peter Golding, 'The History of Solar Pond Science & Technology', Proceedings of the International Solar Energy Society, 2005.
635:. The company's systems, imaging and computer-aided manufacturing technologies enable electronic manufacturers to achieve the increased yields and throughput essential for electronics production.
492:
The company's Board of
Directors selected Isaac Angel to serve as CEO of Ormat Technologies. Angel joined the company in April for an overlapping procedure and began serving as CEO in July 2014.
582:
In the 1980s Ormat built and operated one of the world's first power stations to produce electricity from solar energy, located just north of the Dead Sea in Israel. The plant utilized a
3344:
3329:
561:
The firm's core technology is the Ormat Energy
Converter power generation unit. It converts low and medium temperature heat into electrical energy, with low or zero emission of CO
609:. In 2010, Ormat Industries sold all its holdings (5.1%) in OPTI Canada. In 2011, OPTI Canada was acquired by CNOOC Luxembourg S.à r.l, an indirect wholly owned subsidiary of
145:
398:
The company's share is a dual stock traded on the Tel Aviv Stock Exchange since 1991 and on the New York Stock Exchange since 2004 under the symbol ORA, and is part of the
692:
1735:
1165:
166:
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505:
In July 2020, Doron Blachar, the company's former CFO since 2013, was appointed as the company's CEO, while Isaac Angel was appointed chairman of the board.
3349:
459:
In the 1990s the firm decided not only to provide power generation equipment, but also to own and operate alternative and renewable energy power stations.
449:. Since then, it has built 13 geothermal power plants in that country. In 1989, the firm supplied geothermal equipment for the regional heating system at
3334:
423:. He retired from the lab to commercialize his ideas . In its early years the company focused exclusively on manufacturing power generation equipment.
638:
Orad Hi-Tec Systems Ltd. develops video and real-time image processing technologies for TV broadcasting, Internet, production studio and sports events.
3339:
952:
776:
470:, a manufacturer of parts for jet engines, that also overhauls, maintains and assembles jet engines. In 2005, Ormat sold its shares in the company.
589:
After the decommissioning of the solar pond project, the firm was not active in the solar energy market until its entry into the Solar PV market.
495:
In November 2015, Dita and Yoram Bronicki resigned from the company's board of directors, and Gilon Beck was appointed chairman of the board.
3364:
353:
3359:
597:
Ormat's former parent company, Ormat Industries Ltd., developed an energy-efficient technology, OrCrude, for extracting crude oil from
386:
technology. The company has built over 190 power plants and installed over 3,200 MW. As of January 2021 it owns and operates 933 MW of
1158:
1023:
274:
2063:
698:
1943:
1399:
438:, i.e. heat emitted during industrial processes. It also applied its technology to generate electricity from geothermal sources.
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43:
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In May 2017, the Japanese company Orix acquired the FIMI and Bronicki Investment Fund's share in Ormat for $ 627 million.
65:
54:
485:
In 2006, the firm received for the first time, an order for to supply equipment for a geothermal power plant in Germany.
2833:
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2013:
1174:
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150:
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The firm's recovered energy technology was deployed in projects in Germany, Canada, India, USA, New Zealand and Japan.
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Index and the Tel Aviv Tech-Elite Index. The company's main production facilities are located in Yavne, Israel.
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develops and manufactures automated optical inspection (AOI) systems for bare and assembled
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1953:
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456:, utilizing the abundant local geothermal resources to provide heating for 20,000 people.
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1208:
654:
621:
Ormat has been involved in the establishment and development of several companies:
375:
230:
1963:
912:
172:
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1928:
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446:
399:
156:
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1918:
1853:
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2008:
545:
An Ormat Energy Converter (OEC) at a geothermal generation power plant, in
867:
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2068:
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1933:
1913:
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441:
In 1986, the firm designed and supplied geothermal power systems to the
3273:
3248:
2998:
2898:
2883:
2735:
2409:
2384:
2284:
2130:
1988:
1848:
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550:
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922:
755:
The World’s Largest Binary Geothermal Power Plant Opens in New Zealand
136:
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2018:
1838:
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1424:
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1319:
1309:
969:
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546:
17:
2878:
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1983:
1898:
1760:
1725:
1540:
1460:
1299:
1008:
998:
602:
522:
462:
In 1991, the firm, then as Ormat Industries, became listed on the
434:
During the 1980s the firm developed generation systems utilizing
359:
347:
298:
809:
694:
Lucien Bronicki: Executive Profile & Biography - BusinessWeek
2755:
2203:
1730:
1585:
1550:
1465:
1147:
934:
26:
777:
Bronicki Family Parts Ways With Revamped Bet Shemesh Engines
888:
719:"Beyond Fossil Fuels: Lucien Bronicki on Geothermal Energy"
106:
An Ormat 20MW binary power plant at Steamboat, Nevada, USA.
513:
The company owns and operates geothermal power plants in
881:
61:
3226:
3070:
3012:
2794:
2453:
2262:
2164:
1824:
1443:
1292:
1181:
655:"Ormat Technologies Inc - Company Profile and News"
337:
332:
320:
308:
296:
284:
272:
258:
237:
226:
218:
200:
179:
165:
121:
111:
466:. In 1992, Ormat acquired a controlling stake of
793:Ormat Technologies files for $ 100m Wall St. IPO
3345:Companies listed on the Tel Aviv Stock Exchange
3330:Companies listed on the New York Stock Exchange
1159:
946:
8:
898:Business data for Ormat Technologies, Inc.:
85:
1166:
1152:
1144:
953:
939:
931:
473:In 2004, Ormat Technologies, completed an
367:in New Zealand, powered by Ormat equipment
100:
84:
540:
734:
732:
646:
569:The technology is optimized for use in
374:is an international company based in
7:
354:Olkaria III Geothermal Power Station
3350:Electric power companies of Israel
679:"Ormat Technologies Inc: Overview"
25:
3335:Manufacturing companies of Israel
3163:National Storage Affiliates Trust
1400:Reliance Steel & Aluminum Co.
744:, Mother Earth News May/June 1980
3340:Solar energy companies of Israel
962:
866:
378:, United States. Ormat supplies
91:
31:
766:Sudurnes Regional Heating Corp.
1736:Science Applications Intl Corp
1274:Texas Pacific Land Corporation
842:The Long Lake Project Overview
1:
3123:Gaming and Leisure Properties
3118:First Industrial Realty Trust
1746:Simpson Manufacturing Company
419:, which he co-developed with
3365:Companies in the TA-35 Index
3360:Companies in the S&P 400
2686:Reinsurance Group of America
2151:Wyndham Hotels & Resorts
2014:Marriott Vacations Worldwide
316:US$ 1.97 billion (2022)
304:US$ 4.45 billion (2022)
3203:Sabra Health Care REIT
3113:Equity Lifestyle Properties
2671:Pinnacle Financial Partners
2646:MGIC Investment Corporation
2556:Fidelity National Financial
384:renewable geothermal energy
280:US$ 175 million (2022)
206:; 59 years ago
3381:
3173:Omega Healthcare Investors
3032:The New York Times Company
2919:MACOM Technology Solutions
2666:Old Republic International
2566:First Financial Bankshares
1949:Goodyear Tire & Rubber
1576:Fortune Brands Innovations
1415:Scotts Miracle-Gro Company
968:Selected companies in the
741:Israel's 150-KW Solar Pond
292:US$ 63 million (2022)
3284:Portland General Electric
3198:Rexford Industrial Realty
3178:Park Hotels & Resorts
3153:Lamar Advertising Company
2711:Selective Insurance Group
2476:Annaly Capital Management
2461:Affiliated Managers Group
2280:Arrowhead Pharmaceuticals
1456:Advanced Drainage Systems
1284:Weatherford International
1127:
979:
327:1,385 (December 31, 2021)
99:
90:
3264:NorthWestern Corporation
3158:Medical Properties Trust
2741:Texas Capital Bancshares
2471:American Financial Group
1801:Watts Water Technologies
811:Ngawha Expansion Project
372:Ormat Technologies, Inc.
222:Lucien and Dita Bronicki
86:Ormat Technologies, Inc.
3239:Black Hills Corporation
3183:Physicians Realty Trust
3148:Kite Realty Group Trust
3128:Healthcare Realty Trust
3088:COPT Defense Properties
3022:Frontier Communications
2726:Starwood Property Trust
2656:New York Community Bank
2511:Columbia Banking System
2295:BioMarin Pharmaceutical
2039:Penske Automotive Group
1834:Abercrombie & Fitch
1691:nVent Electric plc
1375:Knife River Corporation
814:, Ngawha Generation Ltd
479:New York Stock Exchange
475:initial public offering
464:Tel Aviv Stock Exchange
3083:Brixmor Property Group
3027:Iridium Communications
2395:Neurocrine Biosciences
2249:Sprouts Farmers Market
2234:Performance Food Group
2199:Coca-Cola Consolidated
2189:Casey's General Stores
2034:Ollie's Bargain Outlet
1979:Hilton Grand Vacations
1959:Grand Canyon Education
629:printed circuit boards
553:
368:
365:Wairakei Power Station
357:
157:TA-35 Index Component
2904:Lattice Semiconductor
2681:Prosperity Bancshares
2641:Kinsale Capital Group
2491:Brighthouse Financial
2229:Lancaster Colony Corp
1974:Helen of Troy Limited
1909:Dick's Sporting Goods
1681:MSC Industrial Direct
1390:NewMarket Corporation
1175:S&P 400 companies
875:at Wikimedia Commons
544:
443:Kawerau Power Station
417:organic Rankine cycle
363:
351:
3259:New Jersey Resources
3213:Vornado Realty Trust
3103:EastGroup Properties
2924:Manhattan Associates
2804:Allegro MicroSystems
2621:Intl Bancshares Corp
2365:Jazz Pharmaceuticals
2104:Travel + Leisure Co.
1889:Churchill Downs Inc.
1741:Sensata Technologies
1641:Lennox International
1054:Israel Discount Bank
62:improve this article
3244:Essential Utilities
3037:Nexstar Media Group
2746:UMB Financial Corp.
2616:Interactive Brokers
2516:Commerce Bancshares
2506:CNO Financial Group
2445:United Therapeutics
2209:Darling Ingredients
2184:Boston Beer Company
2179:BJ's Wholesale Club
1894:Columbia Sportswear
1806:WESCO International
1511:Comfort Systems USA
1269:Southwestern Energy
1119:Tower Semiconductor
894:Orad Hi-Tec Systems
723:Scientific American
701:on January 18, 2013
633:flat panel displays
468:Bet Shemesh Engines
428:1970s energy crisis
322:Number of employees
87:
66:independent sources
3355:Israeli inventions
3279:Ormat Technologies
3143:Kilroy Realty Corp
3138:Jones Lang LaSalle
3093:Cousins Properties
3052:Warner Music Group
3047:TKO Group Holdings
2944:Power Integrations
2809:Altair Engineering
2526:Equitable Holdings
2400:Option Care Health
1999:Light & Wonder
1496:Carlisle Companies
1491:CACI International
1084:Ormat Technologies
1049:Israel Corporation
554:
369:
358:
352:Worker at Ormat's
187:Alternative energy
3317:
3316:
3254:National Fuel Gas
2989:Universal Display
2914:Lumentum Holdings
2869:CommVault Systems
2819:Arrow Electronics
2751:United Bankshares
2661:Old National Bank
2651:Morningstar, Inc.
2601:Hanover Insurance
2541:Euronet Worldwide
2536:Essent Group Ltd.
2521:East West Bancorp
2430:Shockwave Medical
2370:Lantheus Holdings
2270:Acadia Healthcare
2064:Service Corp Intl
1924:Floor & Decor
1476:Avis Budget Group
1410:RPM International
1380:Louisiana-Pacific
1365:Graphic Packaging
1350:Commercial Metals
1259:Permian Resources
1234:Matador Resources
1214:Civitas Resources
1204:Chesapeake Energy
1141:
1140:
1133:Economy of Israel
871:Media related to
346:
345:
83:
82:
53:largely based on
16:(Redirected from
3372:
2824:Aspen Technology
2814:Amkor Technology
2721:South State Bank
2551:Federated Hermes
2440:Tenet Healthcare
2325:Envista Holdings
2315:Encompass Health
2194:Celsius Holdings
1776:The Toro Company
1646:Lincoln Electric
1501:Chart Industries
1486:BWX Technologies
1345:Cleveland-Cliffs
1310:Arcadium Lithium
1194:Antero Resources
1189:Antero Midstream
1168:
1161:
1154:
1145:
1044:Israel Chemicals
967:
966:
955:
948:
941:
932:
885:
884:
882:Official website
870:
856:
855:
854:
853:
847:
837:
831:
828:
822:
821:
820:
819:
806:
800:
790:
784:
774:
768:
763:
757:
752:
746:
745:
736:
727:
726:
715:
709:
708:
707:
706:
697:, archived from
689:
683:
682:
675:
669:
668:
666:
665:
651:
436:recovered energy
392:recovered energy
342:
339:
328:
313:
301:
275:Operating income
267:
245:Geothermal power
214:
212:
207:
192:Renewable energy
175:
104:
95:
88:
78:
75:
69:
55:routine coverage
35:
34:
27:
21:
3380:
3379:
3375:
3374:
3373:
3371:
3370:
3369:
3320:
3319:
3318:
3313:
3304:UGI Corporation
3222:
3208:STAG Industrial
3066:
3014:
3008:
2939:Onto Innovation
2929:MKS Instruments
2796:
2790:
2626:Janus Henderson
2606:Home BancShares
2596:Hancock Whitney
2591:Glacier Bancorp
2581:FNB Corporation
2481:Associated Bank
2449:
2258:
2239:Pilgrim's Pride
2174:BellRing Brands
2166:
2160:
2141:Williams-Sonoma
2117: (Class C)
2111: (Class A)
2089:Thor Industries
2084:Texas Roadhouse
2074:Taylor Morrison
1969:Harley-Davidson
1954:Graham Holdings
1826:
1820:
1636:Landstar System
1521:Core & Main
1439:
1420:Silgan Holdings
1360:Eagle Materials
1288:
1279:Valaris Limited
1264:Range Resources
1177:
1172:
1142:
1137:
1123:
1099:Perrigo Company
1094:Paz Oil Company
1069:Mizrahi Tefahot
975:
961:
959:
927:
880:
879:
864:
859:
851:
849:
845:
839:
838:
834:
829:
825:
817:
815:
808:
807:
803:
791:
787:
775:
771:
764:
760:
753:
749:
738:
737:
730:
717:
716:
712:
704:
702:
691:
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686:
677:
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672:
663:
661:
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648:
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619:
595:
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564:
559:
539:
511:
421:Harry Zvi Tabor
408:
336:
326:
323:
309:
297:
289:
277:
262:
254:
250:Energy recovery
210:
208:
205:
196:
171:
161:
126:
107:
79:
73:
70:
59:
44:a press release
36:
32:
23:
22:
15:
12:
11:
5:
3378:
3376:
3368:
3367:
3362:
3357:
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3321:
3315:
3314:
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3311:
3306:
3301:
3296:
3291:
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3281:
3276:
3271:
3266:
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3251:
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3236:
3230:
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659:Bloomberg.com
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40:This article
38:
29:
28:
19:
3278:
3078:Agree Realty
2964:Silicon Labs
2949:Pure Storage
2854:Cirrus Logic
2795:Information
2771:Webster Bank
2496:Cadence Bank
2350:HealthEquity
2305:Chemed Corp.
2121:Vail Resorts
2115:Under Armour
2109:Under Armour
2079:Tempur Sealy
1716:RBC Bearings
1661:Maximus Inc.
1631:Knight-Swift
1385:MP Materials
1330:Berry Global
1224:DT Midstream
1209:Chord Energy
1083:
984:Airport City
865:
850:, retrieved
848:, Nexen Inc.
841:
835:
826:
816:, retrieved
810:
804:
799:, 21/07/2004
788:
772:
761:
750:
740:
725:, April 2009
722:
713:
703:, retrieved
699:the original
693:
687:
673:
662:. Retrieved
658:
649:
637:
623:
620:
596:
588:
581:
578:Solar energy
568:
560:
537:Technologies
512:
504:
501:
497:
494:
491:
487:
484:
472:
461:
458:
440:
433:
425:
413:
409:
397:
376:Reno, Nevada
371:
370:
311:Total equity
299:Total assets
268: (2022)
231:Reno, Nevada
227:Headquarters
173:US6866881021
112:Company type
74:January 2021
71:
60:Please help
52:
41:
3309:Vistra Corp
3299:TXNM Energy
3218:W. P. Carey
3071:Real Estate
2761:Valley Bank
2340:Haemonetics
2263:Health Care
1929:Fox Factory
1859:Boyd Gaming
1556:EXL Service
1444:Industrials
1370:Greif, Inc.
1229:HF Sinclair
1079:OPKO Health
1034:Gazit-Globe
994:BAZAN Group
973:TA-35 Index
918:SEC filings
607:OPTI Canada
447:New Zealand
400:Tel Aviv 35
380:alternative
266:703 million
151:S&P 400
51:and may be
42:reads like
3324:Categories
3269:OGE Energy
3133:IRT Living
3057:Ziff Davis
2969:Supermicro
2909:Littelfuse
2797:Technology
2586:Frost Bank
2454:Financials
2024:Murphy USA
1919:Five Below
1869:Burlington
1854:AutoNation
1766:Tetra Tech
1751:Stericycle
1686:Nextracker
1676:MSA Safety
1516:Concentrix
1430:U.S. Steel
1405:Royal Gold
1335:Cabot Corp
1305:AptarGroup
1254:PBF Energy
1239:Murphy Oil
1131:See also:
852:2009-10-19
818:2021-03-31
705:2009-10-19
664:2024-05-05
642:References
584:solar pond
571:geothermal
531:Guadeloupe
509:Operations
388:geothermal
287:Net income
3227:Utilities
3098:CubeSmart
3004:Wolfspeed
2979:TD Synnex
2974:Synaptics
2889:Dynatrace
2874:Crane NXT
2839:Blackbaud
2676:Primerica
2631:Jefferies
2576:FirstCash
2224:Ingredion
2165:Consumer
2126:Valvoline
2029:Nordstrom
1864:Brunswick
1825:Consumer
1816:XPO, Inc.
1711:RB Global
1706:Paylocity
1611:Insperity
1566:Flowserve
1536:Donaldson
1471:ASGN Inc.
1293:Materials
1199:ChampionX
1109:Shufersal
903:Bloomberg
617:Spin offs
599:oil sands
593:Oil sands
519:Guatemala
431:in 1988.
153:component
124:Traded as
3193:Rayonier
3168:NNN Reit
3062:ZoomInfo
3015:Services
2984:Teradata
2786:Wintrust
2781:WEX Inc.
2716:SLM Corp
2546:Evercore
2486:Bank OZK
2425:Repligen
2405:Penumbra
2375:LivaNova
2355:Illumina
2345:Halozyme
2330:Exelixis
2310:Doximity
2275:Amedisys
2254:US Foods
2146:Wingstop
2069:Skechers
1934:GameStop
1914:Duolingo
1879:Carter's
1811:Woodward
1671:Middleby
1435:Westlake
1340:Chemours
1039:Hapoalim
1029:Frutarom
625:Orbotech
527:Honduras
451:Sudurnes
356:in Kenya
238:Products
180:Industry
64:and add
3274:ONE Gas
3249:Idacorp
2999:Vontier
2934:Novanta
2899:Kyndryl
2884:Dropbox
2736:Synovus
2415:Progyny
2410:Perrigo
2385:Medpace
2285:Avantor
2167:Staples
2136:Wendy's
2131:Visteon
2049:Polaris
1989:KB Home
1849:Autoliv
1844:Aramark
1791:Valmont
1696:Oshkosh
1591:Genpact
1546:EnerSys
1481:Brink's
1249:Ovintiv
1059:Isramco
1004:Cellcom
913:Reuters
781:Haaretz
551:Germany
477:on the
454:Iceland
406:History
333:Website
259:Revenue
219:Founder
209: (
201:Founded
144::
135::
3234:ALLETE
2994:Vishay
2959:Rambus
2954:Qualys
2859:Cognex
2834:Belden
2731:Stifel
2636:Kemper
2420:R1 RCM
2390:Neogen
2380:Masimo
2320:Enovis
2300:Bruker
2290:Azenta
2019:Mattel
2009:Macy's
1944:Gentex
1839:Adient
1796:Watsco
1771:Timken
1756:Sunrun
1656:MasTec
1606:Hexcel
1425:Sonoco
1325:Axalta
1320:Avient
1182:Energy
970:Israel
923:Yahoo!
908:Google
797:Globes
547:Landau
233:, U.S.
3294:Spire
3042:Tegna
2879:Dolby
2849:Ciena
2844:Calix
2829:Avnet
1984:Hyatt
1899:Crocs
1761:Terex
1726:Ryder
1626:Kirby
1596:Graco
1571:Fluor
1541:Emcor
1526:Crane
1461:AECOM
1300:Alcoa
1064:Leumi
1009:Delek
999:Bezeq
873:Ormat
846:(PDF)
603:Nexen
523:Kenya
338:ormat
18:Ormat
2756:Unum
2204:Coty
1994:Lear
1781:Trex
1731:Saia
1586:GATX
1551:ESAB
1466:AGCO
1395:Olin
1114:Teva
1089:Osem
1074:NICE
1024:FIBI
631:and
605:and
529:and
426:The
390:and
382:and
340:.com
264:US$
211:1965
204:1965
167:ISIN
142:TASE
133:NYSE
2706:SEI
2696:RLI
2054:PVH
1939:Gap
1621:KBR
1616:ITT
1244:Nov
445:in
146:ORA
137:ORA
46:or
3326::
2059:RH
795:,
779:,
731:^
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549:,
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