Business description: Ormat Technologies

Sales by Activity: Ormat Technologies
| Fiscal Period: December | 2021 (USD) | 2022 (USD) | 2023 (USD) | 2024 (USD) | 2025 (USD) |
|---|---|---|---|---|---|
Electricity | 586M | 632M | 667M | 702M | 694M |
Energy Storage | 30.39M | 31.02M | 28.89M | 37.73M | 78.96M |
Product | 177M | 155M | 182M | 140M | 217M |
Elimination of Intersegment Revenues | -130M | -83.39M | -48.49M | - | - |
Geographical breakdown of sales: Ormat Technologies
| Fiscal Period: December | 2021 (USD) | 2022 (USD) | 2023 (USD) | 2024 (USD) | 2025 (USD) |
|---|---|---|---|---|---|
United States | 440M | 484M | 510M | 557M | 590M |
New Zealand | 6.77M | 17.13M | 66.53M | 78.66M | 129M |
Kenya | 103M | 106M | 109M | 114M | 117M |
Dominica | - | - | - | - | 48.93M |
Other Foreign Countries | 33.44M | 46.3M | 52.89M | 59.69M | 40.78M |
Honduras | 35.23M | 33.84M | 31.59M | 30.3M | 28.66M |
Guatemala | 26.87M | 28.83M | 30.17M | 28.96M | 28.01M |
Turkey | 2.72M | 1.96M | 2.47M | 3.01M | 5.15M |
Indonesia | 8.06M | 15.63M | 26.73M | 7.62M | 1.49M |
Chile | 7.04M | 579K | - | - | - |
Executive Committee: Ormat Technologies
| Manager | Title | Age | Since |
|---|---|---|---|
Doron Blachar
CEO | Chief Executive Officer | 58 | 2020-06-30 |
Assi Ginzburg
DFI | Director of Finance/CFO | 51 | 2020-05-09 |
Nirit Grushko
CTO | Chief Tech/Sci/R&D Officer | - | 2023-04-30 |
Jessica Woelfel
CMP | Compliance Officer | 49 | 2021-03-11 |
Smadar Lavi
IRC | Investor Relations Contact | - | - |
Composition of the Board of Directors: Ormat Technologies
| Director | Title | Age | Since |
|---|---|---|---|
David Granot
BRD | Director/Board Member | 79 | 2012-05-21 |
Isaac Angel
CHM | Chairman | 69 | 2020-06-30 |
Stanley Stern
BRD | Director/Board Member | 68 | 2015-11-15 |
Byron Wong
BRD | Director/Board Member | 74 | 2017-07-25 |
Dafna Sharir
BRD | Director/Board Member | 56 | 2018-04-30 |
| Director/Board Member | 55 | 2022-06-01 | |
Karin Corfee
BRD | Director/Board Member | 65 | 2022-06-01 |
Ravit Barniv
BRD | Director/Board Member | 63 | 2015-11-14 |
Company details: Ormat Technologies

Group companies: Ormat Technologies
| Name | Category and Sector |
|---|---|
Ormat Systems Ltd.
Ormat Systems Ltd. Engineering & ConstructionIndustrial Services Engages in designing and building geothermal power plants |
Engineering & Construction
|
Alternative Electric Utilities
| Change | 5-day change | 1-year change | 3-year change | Capi.($) | ||
|---|---|---|---|---|---|---|
| -1.07% | -1.76% | -4.85% | -18.84% | 8.09B | ||
| +0.26% | +1.65% | +14.22% | +38.77% | 6.41B | ||
| -1.81% | -1.81% | -4.83% | +3.34% | 5.56B | ||
| +1.75% | -0.30% | - | - | 3.11B | ||
| +2.06% | -2.75% | +171.04% | +37.78% | 1.31B | ||
| +1.63% | 0.00% | +13.70% | - | 875M | ||
| -0.75% | -23.45% | -10.59% | -66.33% | 814M | ||
| +2.10% | +2.10% | -10.98% | -28.43% | 651M | ||
| +0.70% | -0.69% | +9.92% | -95.39% | 645M | ||
| Average | +0.55% | -4.74% | +22.20% | -18.44% | 3.05B | |
| Weighted average by Cap. | -0.24% | -2.71% | +10.35% | +1.28% |
Sector
Trader
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Investor
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Global
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Quality
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ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.

















