Solutions & Capabilities

As the world’s transition to clean energy gathers speed, renewable energy sources like wind and solar are penetrating the global energy market. These intermittent resources are increasingly being paired with energy storage systems to balance out the electricity supply and ensure that the supply of electricity generation matches the demand.

Ormat develops, builds, owns and operates advanced battery storage systems throughout the United States.

As grid-connected assets, Ormat’s battery storage facilities enable us to supply the electric system with reliable capacity and energy optimization – storing energy during times of excess supply so it can be used during times of high demand. We also offer a full suite of ancillary services, for example, fast ramping for frequency regulation, operating reserves, and more. When connected behind the meter of an electric corporation, a municipal utility, a college campus, or a commercial/industrial customer, our battery storage solutions enable these customers to reduce their peak load contribution, significantly reducing demand charges on their electricity bills.

Ormat's energy storage solutions toolkit applies:

Ormat’s vertically integrated structure enables our company to supply complete renewable energy solutions from project start to start-up. From location identification, permitting, and exploration to equipment design, manufacturing, construction, commissioning and operating, we leverage over five decades of knowledge and experience to heighten the overall precision and efficiency of the products we offer.

Our proprietary software and analytical operational platform set us apart from our competitors, while our engineering and system integration capabilities allow us to provide multiple value streams from a single storage installation.
NEED EXPERTS, what is our unique technology?

We own and operate nearly 1GW of generating renewable energy capacity in six countries. With over five decades of experience in geothermal energy production, we have leveraged our core capabilities as developers and operators into energy storage services in the United States with plans to expand internationally.

With the acquisition of Viridity Energy Solutions in 2017, we absorbed X decades of experience in energy storage operation and integration with electricity markets.

We currently own and operate energy storage facilities in the PJM, CAISO, ERCOT and ISONE territories across the United States.

As a publicly traded company, our financial records speak for themselves. Ormat has enjoyed consistent growth in revenues year over year as a result of our projects consistently meeting required budgets and timelines.
While our strong financial position allows us to self-fund the majority of our projects, we also have access to credit facilities such as term loans, bonds, and leveraged leases, as well as other financing arrangements. 

ACROSS MULTIPLE REGIONS
PJM, CAISO, ERCOT, ISONE
154 MW / 256 MWh
Portfolio*
SUCCESSFUL PORTFOLIO
Of Non-Recourse Financing
MULTIPLE APPLICATIONS
Both In-Front-Of-The-Meter And Behind-The-Meter
24/7 NETWORK
Operation Center (NOC)
HIGHLY EXPERIENCED STAFF
Approx. 50

* 154 MW / 256 MWh portfolio of battery energy storage systems:

83 MW / 176 MWh that we own and operate
57 MW / 72 MWh under construction
14 MW/ 7.5 MWh[1] that we supplied and/or provide market operations to