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Ormat Technologies

Geothermal power plants and equipment

Ranked #2 in Best Geothermal Energy Companies.

Ormat Technologies, based in Reno, Nevada, builds and operates geothermal power plants in the US, Kenya, Guatemala, Indonesia and other markets, alongside solar and battery storage. In February 2026 it signed a power purchase agreement for up to 150 MW of geothermal capacity through NV Energy to support Google's data centres.

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At a glance

Price fromCustom
Best forUtilities and large buyers wanting proven geothermal supply

From Ormat Technologies's own website.

What stands out

  • Decades of geothermal operating history
  • Builds its own power plant equipment

Worth knowing

  • Mostly conventional geothermal today
  • Next-generation projects at an early stage

How it ranks

Ormat Technologies is ranked 2nd of 10 in Best Geothermal Energy Companies (Lister Score 96.2).

#2 in Best Geothermal Energy Companies · Lister Score 96.2

Ormat reports a total generating portfolio of more than 1,800 MW, including geothermal, solar and energy storage..

RankBest Geothermal Energy CompaniesScore
1Fervo Energy97.5
2Ormat Technologies96.2
3Eavor Technologies94.9
4Quaise Energy93.6
5Sage Geosystems92.3
6Mazama Energy91.0
7XGS Energy89.6
8Zanskar88.2
9Geothermal Engineering Ltd (GEL)86.8
10Rodatherm Energy85.4

Frequently asked questions

How does Ormat Technologies rank on Lister?

Ormat Technologies is ranked 2nd of 10 in Best Geothermal Energy Companies (Lister Score 96.2).

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#2 in Best Geothermal Energy Companies
RANKED #2 ON LISTERBest Geothermal Energy Companies