91:
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82:
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953:
22:
857:
590:. 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
562:
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.
419:
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
470:
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
554:
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.
487:
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.
575:, 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.
399:
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.
477:
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.
383:
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.
403:
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
819:
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.
624:. The company's systems, imaging and computer-aided manufacturing technologies enable electronic manufacturers to achieve the increased yields and throughput essential for electronics production.
481:
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.
571:
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
3333:
3318:
550:
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
598:. 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
134:
387:
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
681:
1724:
1154:
155:
919:
494:
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.
3338:
448:
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.
438:. 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
3323:
412:. He retired from the lab to commercialize his ideas . In its early years the company focused exclusively on manufacturing power generation equipment.
627:
Orad Hi-Tec Systems Ltd. develops video and real-time image processing technologies for TV broadcasting, Internet, production studio and sports events.
3328:
941:
765:
459:, a manufacturer of parts for jet engines, that also overhauls, maintains and assembles jet engines. In 2005, Ormat sold its shares in the company.
578:
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.
484:
In November 2015, Dita and Yoram Bronicki resigned from the company's board of directors, and Gilon Beck was appointed chairman of the board.
3353:
342:
36:
32:
3348:
586:
Ormat's former parent company, Ormat Industries Ltd., developed an energy-efficient technology, OrCrude, for extracting crude oil from
375:
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
1147:
1012:
263:
2052:
687:
1932:
1388:
427:, i.e. heat emitted during industrial processes. It also applied its technology to generate electricity from geothermal sources.
54:
43:
728:
743:
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1262:
90:
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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.
474:
In 2006, the firm received for the first time, an order for to supply equipment for a geothermal power plant in Germany.
2822:
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2002:
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439:
139:
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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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1937:
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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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445:, utilizing the abundant local geothermal resources to provide heating for 20,000 people.
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1197:
643:
610:
Ormat has been involved in the establishment and development of several companies:
364:
219:
1952:
901:
161:
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1917:
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388:
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2012:
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2017:
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1997:
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An Ormat Energy Converter (OEC) at a geothermal generation power plant, in
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In 1986, the firm designed and supplied geothermal power systems to the
3262:
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2724:
2398:
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1977:
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911:
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The World’s Largest Binary Geothermal Power Plant Opens in New Zealand
125:
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2007:
1827:
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1308:
1298:
958:
952:
535:
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2817:
1972:
1887:
1749:
1714:
1529:
1449:
1288:
997:
987:
591:
511:
451:
In 1991, the firm, then as Ormat Industries, became listed on the
423:
During the 1980s the firm developed generation systems utilizing
348:
336:
287:
798:
683:
Lucien Bronicki: Executive Profile & Biography - BusinessWeek
2744:
2192:
1719:
1574:
1539:
1454:
1136:
923:
15:
766:
Bronicki Family Parts Ways With Revamped Bet Shemesh Engines
877:
708:"Beyond Fossil Fuels: Lucien Bronicki on Geothermal Energy"
95:
An Ormat 20MW binary power plant at Steamboat, Nevada, USA.
502:
The company owns and operates geothermal power plants in
870:
50:
3215:
3059:
3001:
2783:
2442:
2251:
2153:
1813:
1432:
1281:
1170:
644:"Ormat Technologies Inc - Company Profile and News"
326:
321:
309:
297:
285:
273:
261:
247:
226:
215:
207:
189:
168:
154:
110:
100:
455:. In 1992, Ormat acquired a controlling stake of
782:Ormat Technologies files for $ 100m Wall St. IPO
3334:Companies listed on the Tel Aviv Stock Exchange
3319:Companies listed on the New York Stock Exchange
1148:
935:
8:
887:Business data for Ormat Technologies, Inc.:
74:
1155:
1141:
1133:
942:
928:
920:
462:In 2004, Ormat Technologies, completed an
356:in New Zealand, powered by Ormat equipment
89:
73:
529:
723:
721:
635:
558:The technology is optimized for use in
363:is an international company based in
7:
343:Olkaria III Geothermal Power Station
3339:Electric power companies of Israel
668:"Ormat Technologies Inc: Overview"
14:
3324:Manufacturing companies of Israel
3152:National Storage Affiliates Trust
1389:Reliance Steel & Aluminum Co.
733:, Mother Earth News May/June 1980
3329:Solar energy companies of Israel
951:
855:
367:, United States. Ormat supplies
80:
20:
755:Sudurnes Regional Heating Corp.
1725:Science Applications Intl Corp
1263:Texas Pacific Land Corporation
831:The Long Lake Project Overview
1:
3112:Gaming and Leisure Properties
3107:First Industrial Realty Trust
1735:Simpson Manufacturing Company
408:, which he co-developed with
3354:Companies in the TA-35 Index
3349:Companies in the S&P 400
2675:Reinsurance Group of America
2140:Wyndham Hotels & Resorts
2003:Marriott Vacations Worldwide
305:US$ 1.97 billion (2022)
293:US$ 4.45 billion (2022)
3192:Sabra Health Care REIT
3102:Equity Lifestyle Properties
2660:Pinnacle Financial Partners
2635:MGIC Investment Corporation
2545:Fidelity National Financial
373:renewable geothermal energy
269:US$ 175 million (2022)
195:; 59 years ago
3370:
3162:Omega Healthcare Investors
3021:The New York Times Company
2908:MACOM Technology Solutions
2655:Old Republic International
2555:First Financial Bankshares
1938:Goodyear Tire & Rubber
1565:Fortune Brands Innovations
1404:Scotts Miracle-Gro Company
957:Selected companies in the
730:Israel's 150-KW Solar Pond
281:US$ 63 million (2022)
3273:Portland General Electric
3187:Rexford Industrial Realty
3167:Park Hotels & Resorts
3142:Lamar Advertising Company
2700:Selective Insurance Group
2465:Annaly Capital Management
2450:Affiliated Managers Group
2269:Arrowhead Pharmaceuticals
1445:Advanced Drainage Systems
1273:Weatherford International
1116:
968:
316:1,385 (December 31, 2021)
88:
79:
3253:NorthWestern Corporation
3147:Medical Properties Trust
2730:Texas Capital Bancshares
2460:American Financial Group
1790:Watts Water Technologies
800:Ngawha Expansion Project
361:Ormat Technologies, Inc.
211:Lucien and Dita Bronicki
75:Ormat Technologies, Inc.
3228:Black Hills Corporation
3172:Physicians Realty Trust
3137:Kite Realty Group Trust
3117:Healthcare Realty Trust
3077:COPT Defense Properties
3011:Frontier Communications
2715:Starwood Property Trust
2645:New York Community Bank
2500:Columbia Banking System
2284:BioMarin Pharmaceutical
2028:Penske Automotive Group
1823:Abercrombie & Fitch
1680:nVent Electric plc
1364:Knife River Corporation
803:, Ngawha Generation Ltd
468:New York Stock Exchange
464:initial public offering
453:Tel Aviv Stock Exchange
3072:Brixmor Property Group
3016:Iridium Communications
2384:Neurocrine Biosciences
2238:Sprouts Farmers Market
2223:Performance Food Group
2188:Coca-Cola Consolidated
2178:Casey's General Stores
2023:Ollie's Bargain Outlet
1968:Hilton Grand Vacations
1948:Grand Canyon Education
618:printed circuit boards
542:
357:
354:Wairakei Power Station
346:
146:TA-35 Index Component
2893:Lattice Semiconductor
2670:Prosperity Bancshares
2630:Kinsale Capital Group
2480:Brighthouse Financial
2218:Lancaster Colony Corp
1963:Helen of Troy Limited
1898:Dick's Sporting Goods
1670:MSC Industrial Direct
1379:NewMarket Corporation
1164:S&P 400 companies
864:at Wikimedia Commons
533:
432:Kawerau Power Station
406:organic Rankine cycle
352:
340:
3248:New Jersey Resources
3202:Vornado Realty Trust
3092:EastGroup Properties
2913:Manhattan Associates
2793:Allegro MicroSystems
2610:Intl Bancshares Corp
2354:Jazz Pharmaceuticals
2093:Travel + Leisure Co.
1878:Churchill Downs Inc.
1730:Sensata Technologies
1630:Lennox International
1043:Israel Discount Bank
51:improve this article
3233:Essential Utilities
3026:Nexstar Media Group
2735:UMB Financial Corp.
2605:Interactive Brokers
2505:Commerce Bancshares
2495:CNO Financial Group
2434:United Therapeutics
2198:Darling Ingredients
2173:Boston Beer Company
2168:BJ's Wholesale Club
1883:Columbia Sportswear
1795:WESCO International
1500:Comfort Systems USA
1258:Southwestern Energy
1108:Tower Semiconductor
883:Orad Hi-Tec Systems
712:Scientific American
690:on January 18, 2013
622:flat panel displays
457:Bet Shemesh Engines
417:1970s energy crisis
311:Number of employees
76:
55:independent sources
3344:Israeli inventions
3268:Ormat Technologies
3132:Kilroy Realty Corp
3127:Jones Lang LaSalle
3082:Cousins Properties
3041:Warner Music Group
3036:TKO Group Holdings
2933:Power Integrations
2798:Altair Engineering
2515:Equitable Holdings
2389:Option Care Health
1988:Light & Wonder
1485:Carlisle Companies
1480:CACI International
1073:Ormat Technologies
1038:Israel Corporation
543:
358:
347:
341:Worker at Ormat's
176:Alternative energy
3306:
3305:
3243:National Fuel Gas
2978:Universal Display
2903:Lumentum Holdings
2858:CommVault Systems
2808:Arrow Electronics
2740:United Bankshares
2650:Old National Bank
2640:Morningstar, Inc.
2590:Hanover Insurance
2530:Euronet Worldwide
2525:Essent Group Ltd.
2510:East West Bancorp
2419:Shockwave Medical
2359:Lantheus Holdings
2259:Acadia Healthcare
2053:Service Corp Intl
1913:Floor & Decor
1465:Avis Budget Group
1399:RPM International
1369:Louisiana-Pacific
1354:Graphic Packaging
1339:Commercial Metals
1248:Permian Resources
1223:Matador Resources
1203:Civitas Resources
1193:Chesapeake Energy
1130:
1129:
1122:Economy of Israel
860:Media related to
335:
334:
72:
71:
42:largely based on
3361:
2813:Aspen Technology
2803:Amkor Technology
2710:South State Bank
2540:Federated Hermes
2429:Tenet Healthcare
2314:Envista Holdings
2304:Encompass Health
2183:Celsius Holdings
1765:The Toro Company
1635:Lincoln Electric
1490:Chart Industries
1475:BWX Technologies
1334:Cleveland-Cliffs
1299:Arcadium Lithium
1183:Antero Resources
1178:Antero Midstream
1157:
1150:
1143:
1134:
1033:Israel Chemicals
956:
955:
944:
937:
930:
921:
874:
873:
871:Official website
859:
845:
844:
843:
842:
836:
826:
820:
817:
811:
810:
809:
808:
795:
789:
779:
773:
763:
757:
752:
746:
741:
735:
734:
725:
716:
715:
704:
698:
697:
696:
695:
686:, archived from
678:
672:
671:
664:
658:
657:
655:
654:
640:
425:recovered energy
381:recovered energy
331:
328:
317:
302:
290:
264:Operating income
256:
234:Geothermal power
203:
201:
196:
181:Renewable energy
164:
93:
84:
77:
67:
64:
58:
44:routine coverage
24:
23:
16:
3369:
3368:
3364:
3363:
3362:
3360:
3359:
3358:
3309:
3308:
3307:
3302:
3293:UGI Corporation
3211:
3197:STAG Industrial
3055:
3003:
2997:
2928:Onto Innovation
2918:MKS Instruments
2785:
2779:
2615:Janus Henderson
2595:Home BancShares
2585:Hancock Whitney
2580:Glacier Bancorp
2570:FNB Corporation
2470:Associated Bank
2438:
2247:
2228:Pilgrim's Pride
2163:BellRing Brands
2155:
2149:
2130:Williams-Sonoma
2106: (Class C)
2100: (Class A)
2078:Thor Industries
2073:Texas Roadhouse
2063:Taylor Morrison
1958:Harley-Davidson
1943:Graham Holdings
1815:
1809:
1625:Landstar System
1510:Core & Main
1428:
1409:Silgan Holdings
1349:Eagle Materials
1277:
1268:Valaris Limited
1253:Range Resources
1166:
1161:
1131:
1126:
1112:
1088:Perrigo Company
1083:Paz Oil Company
1058:Mizrahi Tefahot
964:
950:
948:
916:
869:
868:
853:
848:
840:
838:
834:
828:
827:
823:
818:
814:
806:
804:
797:
796:
792:
780:
776:
764:
760:
753:
749:
742:
738:
727:
726:
719:
706:
705:
701:
693:
691:
680:
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652:
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641:
637:
633:
608:
584:
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553:
548:
528:
500:
410:Harry Zvi Tabor
397:
325:
315:
312:
298:
286:
278:
266:
251:
243:
239:Energy recovery
199:
197:
194:
185:
160:
150:
115:
96:
68:
62:
59:
48:
33:a press release
25:
21:
12:
11:
5:
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34:
29:This article
27:
18:
17:
3267:
3067:Agree Realty
2953:Silicon Labs
2938:Pure Storage
2843:Cirrus Logic
2784:Information
2760:Webster Bank
2485:Cadence Bank
2339:HealthEquity
2294:Chemed Corp.
2110:Vail Resorts
2104:Under Armour
2098:Under Armour
2068:Tempur Sealy
1705:RBC Bearings
1650:Maximus Inc.
1620:Knight-Swift
1374:MP Materials
1319:Berry Global
1213:DT Midstream
1198:Chord Energy
1072:
973:Airport City
854:
839:, retrieved
837:, Nexen Inc.
830:
824:
815:
805:, retrieved
799:
793:
788:, 21/07/2004
777:
761:
750:
739:
729:
714:, April 2009
711:
702:
692:, retrieved
688:the original
682:
676:
662:
651:. Retrieved
647:
638:
626:
612:
609:
585:
577:
570:
567:Solar energy
557:
549:
526:Technologies
501:
493:
490:
486:
483:
480:
476:
473:
461:
450:
447:
429:
422:
414:
402:
398:
386:
365:Reno, Nevada
360:
359:
300:Total equity
288:Total assets
257: (2022)
220:Reno, Nevada
216:Headquarters
162:US6866881021
101:Company type
63:January 2021
60:
49:Please help
41:
30:
3298:Vistra Corp
3288:TXNM Energy
3207:W. P. Carey
3060:Real Estate
2750:Valley Bank
2329:Haemonetics
2252:Health Care
1918:Fox Factory
1848:Boyd Gaming
1545:EXL Service
1433:Industrials
1359:Greif, Inc.
1218:HF Sinclair
1068:OPKO Health
1023:Gazit-Globe
983:BAZAN Group
962:TA-35 Index
907:SEC filings
596:OPTI Canada
436:New Zealand
389:Tel Aviv 35
369:alternative
255:703 million
140:S&P 400
40:and may be
31:reads like
3313:Categories
3258:OGE Energy
3122:IRT Living
3046:Ziff Davis
2958:Supermicro
2898:Littelfuse
2786:Technology
2575:Frost Bank
2443:Financials
2013:Murphy USA
1908:Five Below
1858:Burlington
1843:AutoNation
1755:Tetra Tech
1740:Stericycle
1675:Nextracker
1665:MSA Safety
1505:Concentrix
1419:U.S. Steel
1394:Royal Gold
1324:Cabot Corp
1294:AptarGroup
1243:PBF Energy
1228:Murphy Oil
1120:See also:
841:2009-10-19
807:2021-03-31
694:2009-10-19
653:2024-05-05
631:References
573:solar pond
560:geothermal
520:Guadeloupe
498:Operations
377:geothermal
276:Net income
3216:Utilities
3087:CubeSmart
2993:Wolfspeed
2968:TD Synnex
2963:Synaptics
2878:Dynatrace
2863:Crane NXT
2828:Blackbaud
2665:Primerica
2620:Jefferies
2565:FirstCash
2213:Ingredion
2154:Consumer
2115:Valvoline
2018:Nordstrom
1853:Brunswick
1814:Consumer
1805:XPO, Inc.
1700:RB Global
1695:Paylocity
1600:Insperity
1555:Flowserve
1525:Donaldson
1460:ASGN Inc.
1282:Materials
1188:ChampionX
1098:Shufersal
892:Bloomberg
606:Spin offs
588:oil sands
582:Oil sands
508:Guatemala
420:in 1988.
142:component
113:Traded as
3182:Rayonier
3157:NNN Reit
3051:ZoomInfo
3004:Services
2973:Teradata
2775:Wintrust
2770:WEX Inc.
2705:SLM Corp
2535:Evercore
2475:Bank OZK
2414:Repligen
2394:Penumbra
2364:LivaNova
2344:Illumina
2334:Halozyme
2319:Exelixis
2299:Doximity
2264:Amedisys
2243:US Foods
2135:Wingstop
2058:Skechers
1923:GameStop
1903:Duolingo
1868:Carter's
1800:Woodward
1660:Middleby
1424:Westlake
1329:Chemours
1028:Hapoalim
1018:Frutarom
614:Orbotech
516:Honduras
440:Sudurnes
345:in Kenya
227:Products
169:Industry
53:and add
3263:ONE Gas
3238:Idacorp
2988:Vontier
2923:Novanta
2888:Kyndryl
2873:Dropbox
2725:Synovus
2404:Progyny
2399:Perrigo
2374:Medpace
2274:Avantor
2156:Staples
2125:Wendy's
2120:Visteon
2038:Polaris
1978:KB Home
1838:Autoliv
1833:Aramark
1780:Valmont
1685:Oshkosh
1580:Genpact
1535:EnerSys
1470:Brink's
1238:Ovintiv
1048:Isramco
993:Cellcom
902:Reuters
770:Haaretz
540:Germany
466:on the
443:Iceland
395:History
322:Website
248:Revenue
208:Founder
198: (
190:Founded
133::
124::
3223:ALLETE
2983:Vishay
2948:Rambus
2943:Qualys
2848:Cognex
2823:Belden
2720:Stifel
2625:Kemper
2409:R1 RCM
2379:Neogen
2369:Masimo
2309:Enovis
2289:Bruker
2279:Azenta
2008:Mattel
1998:Macy's
1933:Gentex
1828:Adient
1785:Watsco
1760:Timken
1745:Sunrun
1645:MasTec
1595:Hexcel
1414:Sonoco
1314:Axalta
1309:Avient
1171:Energy
959:Israel
912:Yahoo!
897:Google
786:Globes
536:Landau
222:, U.S.
3283:Spire
3031:Tegna
2868:Dolby
2838:Ciena
2833:Calix
2818:Avnet
1973:Hyatt
1888:Crocs
1750:Terex
1715:Ryder
1615:Kirby
1585:Graco
1560:Fluor
1530:Emcor
1515:Crane
1450:AECOM
1289:Alcoa
1053:Leumi
998:Delek
988:Bezeq
862:Ormat
835:(PDF)
592:Nexen
512:Kenya
327:ormat
2745:Unum
2193:Coty
1983:Lear
1770:Trex
1720:Saia
1575:GATX
1540:ESAB
1455:AGCO
1384:Olin
1103:Teva
1078:Osem
1063:NICE
1013:FIBI
620:and
594:and
518:and
415:The
379:and
371:and
329:.com
253:US$
200:1965
193:1965
156:ISIN
131:TASE
122:NYSE
2695:SEI
2685:RLI
2043:PVH
1928:Gap
1610:KBR
1605:ITT
1233:Nov
434:in
135:ORA
126:ORA
35:or
3315::
2048:RH
784:,
768:,
720:^
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646:.
602:.
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