Ormat Technologies Inc

Ormat develops, owns, and operates geothermal power plants (using underground heat), solar facilities, and battery energy storage systems across the US and 10+ international markets [Yahoo Finance]. They also manufacture and sell equipment for geothermal and recovered energy plants to other operators [Yahoo Finance]. The company provides reliable, weather-independent renewable power unlike solar or wind [Yahoo Finance].

Ormat Technologies is a Nevada-based geothermal energy company that builds and operates power plants using heat from underground and recovered waste energy [Yahoo Finance]. The company reported strong Q1 2024 results that beat analyst expectations, leading to raised price targets [Yahoo Finance]. Ormat holds a unique position as the only major company handling the full geothermal energy chain from power generation to energy storage [Yahoo Finance].

Revenue growing (+12.5%) but highly leveraged with negative free cash flow and elevated valuation [Yahoo Finance]