Ormat Technologies (ORA) Stock Analysis
NYSEUtilitiesRenewable Utilities
What Ormat Technologies does
Ormat Technologies, Inc. (ORA) is a global enterprise dedicated to geothermal and recovered energy power solutions, with significant operations in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and various other international locations. The company's operations are divided into three distinct business units: Electricity Generation, Product Manufacturing, and Energy Storage Solutions. The Electricity Generation division handles the full spectrum of power plant development, from designing and constructing to owning and operating facilities that harness geothermal, solar photovoltaic, and recovered energy, subsequently selling the generated power. Through its Product Manufacturing segment, Ormat designs, produces, and distributes specialized equipment for geothermal and recovered energy electricity generation, including remote power units like fossil fuel-powered turbo-generators and heavy-duty direct-current generators. This segment also provides complete engineering, procurement, construction (EPC), and ongoing operation and maintenance (O&M) services for geothermal and recovered energy power plants. Its diverse clientele includes contractors, developers, owners, and operators of geothermal power facilities, as well as industrial entities such as operators of interstate natural gas pipelines, gas processing plants, cement factories, and other energy-intensive industrial processes. The Energy Storage Solutions segment delivers a wide array of services related to energy storage, encompassing the engineering, procurement, construction (EPC), and operational maintenance (O&M) of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.
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Frequently asked questions
- What is the ticker symbol for Ormat Technologies?
- Ormat Technologies trades under the ticker ORA on NYSE.
- Which exchange is ORA listed on?
- ORA is listed on NYSE.
- What sector does Ormat Technologies operate in?
- Ormat Technologies is classified in the Utilities sector (Renewable Utilities industry).
- How can PortView help analyze ORA in a portfolio?
- PortView shows ORA's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.
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