Ormat Technologies' (NYSE:ORA) stock up by 1.6% over the past month. Given that stock prices are usually aligned with a...
Ormat Technologies (ORA) has signed agreements to build energy storage facilities in Texas, which is likely to help ORA achieve its long-term goal.
AGREEMENTS SECURE SEVEN YEARS OF FIXED REVENUESCOMBINED WITH RECENTLY ANNOUNCED 100MW/200MWH LOUISA PROJECT, ORMAT TO OWN AND OPERATE 253MW/473MWH BY END OF 2026 IN TEXAS RENO, Nev., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced the signing of two seven-year tolling agreements with Equilibrium Energy for the Lower Rio 60MW/120MWh and Bird Dog 60MW/120MWh Energy Storage facilities in Texas. This marks Ormat’s first toll