Ormat TechnologiesNYSE: ORA

RENO, Nev., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced the release of its annual Sustainability Report, providing an overview of the Company's environmental, social, and governance (ESG) performance in 2023.

Ormat Technologies (ORA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

RENO, Nev., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, announces the successful commencement of commercial operations for its largest energy storage facility, the Bottleneck project. This 80MW/320MWh Battery Energy Storage System (BESS), located in the Central Valley of California, will provide energy, capacity, and ancillary services to San Diego Gas & Electric (SDG&E) under a 15-year Power Purchase Agreement (also known as a Tolling Agreement) signed in 2022.

RENO, Nev., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced it has successfully secured multiple land parcels in Nevada's Annual Bureau of Land Management (BLM) Auction. These lease acquisitions will significantly support Ormat's ongoing exploration and expansion efforts in the state, further strengthening the company's commitment to advancing renewable energy solutions and meeting Nevada's increasing demand for sustainable energy.

Ormat Technologies (ORA) has signed agreements to build energy storage facilities in Texas, which is likely to help ORA achieve its long-term goal.

Ormat's (ORA) second-quarter revenues of $213 million beat the Zacks Consensus Estimate by 0.9%. The top line also rises 9.3% year over year.

Ormat Technologies (ORA) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.40 per share a year ago.

Consistent Improvement Across All Operating Segments Highlights Committement Toward Continued Profitable Growth Consistent Improvement Across All Operating Segments Highlights Committement Toward Continued Profitable Growth

Ormat Technologies (ORA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.