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Ormat is a world leader in the geothermal power sector. The Company has more than four decades of experience in the development of state-of-the-art, environmentally sound power solutions, primary in geothermal and recovered energy generation.
Ormat is a vertically-integrated company whose primary business is to develop, build, own and operate geothermal and recovered energy generation (REG) power plants utilizing in-house designed and manufactured equipment. In addition, Ormat supplies geothermal and recovered energy power generating equipment of its own design and manufacture, and complete power plants incorporating its equipment on a turnkey basis, as well as small size power units for remote continuous unattended operation.
As the end of November '08, Ormat owns the following geothermal power plants:
* In the United States: Brady, Heber Complex, Mammoth Complex, Ormesa
Complex, Puna, Desert Peak 2, and Steamboat Complex
* In Guatemala: Zunil and Amatitlan
* In Kenya: Olkaria III
* In Nicaragua: Momotombo
In New Zealand: GDL
In the United States, Ormat owns four OREG I Recovered Energy Generation plants.
Ormat's mission is to maintain our leadership position in the growing geothermal, recovered energy generation, and renewable energy business.