storage
Our Advantage
Ormat serves the changing world of electricity generation, distributed generation and demand management by enabling a comprehensive umbrella of solutions starting from energy and demand response management and energy storage systems. We provide grid operators with the power to enhance grid performance, stability and responsiveness – while delivering capacity at the right time and the right price.
We also provide commercial, industrial and municipality clients with reliability and power quality solutions as well as peak shaving and demand charge management solutions to lower their utility bill and, in the unregulated markets, provide ancillary market services to generate revenue.
Leveraging the skills of Ormat Technologies and Viridity Energy Solutions teams of energy solutions and storage experts, we have an extensive track record of successfully delivering projects in the US electricity markets.
Business Models
Viridity’s state-of-the-art software technology platform and its position as a registered Curtailment service provider in unregulated US markets allows customers to optimize electricity assets on a 24/7 basis, contributing to a more stable and balanced electricity use and grid. Viridity Energy has been operating energy storage systems that provide frequency control, peak shaving, voltage support, and other use cases. Ormat and Viridity Energy’s storage project development teams works with a variety of technology vendors to bring the right technology to each individual project.
Our BSAAS (Battery Storage as a Service) and DRAAS (Demand Response as a Service) offering allows customers to enjoy maximum operational flexibility as well as maximum economic value. With no technology and operational worries for the customer combined with value stacking of services, significant revenues and savings can be achieved for the customer.
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