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Ormat Technologies Inc.

Renewable Energy RENO, Nev. ~360 employees
Founded
--
Employees (Est.)
~360
18 leaders known
Total Funding
$285.5M
Funding Rounds
2
Last Funding
2024-12-11

About Ormat Technologies Inc.

Ormat Technologies Inc. is a leading company in the renewable energy sector, committed to innovation and advancing tools and technologies for efficient renewable energy development, reducing energy waste, and providing sustainable energy management solutions.

Products & Services

Geothermal Power:Harnessing geothermal resources to generate sustainable energy.
Waste Heat REG (Recovered Energy Generation):Converting waste heat into usable energy.
Energy Storage:Solutions for storing and managing renewable energy.
After-Sales Services:Support and maintenance services for renewable energy systems.

Specialties

Geothermal Power Waste Heat Recovery Energy Storage Sustainable Energy Management

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Secondary Offering
T: -
FT: Secondary Offering
A: 281940000
MR: -
FA: 281,940,000
FAN: 281940000
D: 2024-12-11
FD: 2024-12-11
2 investors
2 RT: Public Offering
T: -
FT: Public Offering
A: 3600000
MR: -
FA: 3,600,000 shares
FAN: 3600000
D: 2023-03-14
FD: 2023-03-14
1 investors
Secondary Offering Latest
2024-12-11
$281.9M
2 investors (Pro only)
Public Offering 2023-03-14
$3.6M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

D

Doron Blachar

CEO

A

Assi Ginzburg

CFO

O

Ofer Benyosef

Executive Vice President - Business Development, Sales and Marketing

J

Jessica Woelfel

General Counsel, Chief Compliance Officer, and Corporate Secretary

L

Liza Tavori

Executive Vice President - Human Resources

A

Aron Willis

Executive Vice President, Electricity Segment

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Recent News

Ormat Technologies Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
ormat.com
Industries
Renewable Energy
Company Size
~360 employees (est.)
Locations
RENO, Nev.
Reno, Nevada

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Technology Stack

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