Ormat Technologies

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Ormat Technologies Inc.

logo
legal form Corporation
ISIN US6866881021
founding 1994
Seat Reno , United StatesUnited StatesUnited States 
management Isaac Angel, CEO
Number of employees 1,180
sales 665,591,000 USD
Branch Geothermal technology
Website www.ormat.com
As of December 31, 2016

Ormat evaporator in the Landau geothermal power plant

Ormat Technologies Inc. is a US company that geothermal power plants built and operates and develops components for geothermal power plants, manufactures and distributes.

The company is based in Reno, Nevada . Isaac Angel is the director and CEO .

Ormat Technologies is one of the 25 companies in the environmentally-oriented NX-25 share index .

Ormat Technologies was founded by Ormat Industries Limited in Delaware in 1994 . The predecessor of the latter company, Ormat Turbines , was founded by Lucien and Dita Bronicki in Israel in 1965 . In Germany, Ormat technologies are represented by the plant manufacturer IGATEC GmbH.

Products

The by Ormat used Organic Rankine Cycle , ie the use of organic chemicals, especially of iso-pentane and iso butane instead of water in closed circuits to produce steam to drive turbines to generate electricity, the use allows much lower temperatures of thermal waters and process heat in industrial processes than would be possible with water.

The company's systems are also used to generate electricity in remote areas, for example for pipeline pumping stations . The closed circuit with evaporator, turbine (which drives the generator) and cooler allows almost maintenance-free operation. The systems draw their heat from a burner, which receives its gas from tanks or directly from the pipeline .

Own power plants

The company generates a good three quarters of its sales with the sale of electricity from geothermal power plants, which it operates alone or with partners. Ormat's total electricity generation capacity in 2008 was 505 megawatts, of which 377 were in the United States.

Important Ormat geothermal power plants are:

External power plants with Ormat technology

In Austria, an Ormat system in the Rogner thermal spring hotel designed by Friedensreich Hundertwasser in Bad Blumau has been generating 180 kW of electricity from water at 107 degrees Celsius, which is pumped from a depth of 2600 meters , since 2001 .

In Germany, Landau technology from Ormat is used for the 3-megawatt geothermal power plant.

Individual evidence

  1. a b Ormat Technologies 2016 Form 10-K Report ( Memento of the original from August 10, 2017 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed June 10, 2017 @1@ 2Template: Webachiv / IABot / investor.ormat.com
  2. http://ccbn.10kwizard.com/xml/download.php?repo=tenk&ipage=6173303&format=PDF  ( page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. page 4@1@ 2Template: Dead Link / ccbn.10kwizard.com  
  3. http://ccbn.10kwizard.com/xml/download.php?repo=tenk&ipage=6173303&format=PDF  ( page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. Page 15, 16@1@ 2Template: Dead Link / ccbn.10kwizard.com  
  4. http://www.igatec.de/html/orc.htm ( Memento from October 2, 2008 in the Internet Archive )
  5. http://ccbn.10kwizard.com/xml/download.php?repo=tenk&ipage=6173303&format=PDF  ( page no longer available , search in web archivesInfo: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. page 12@1@ 2Template: Dead Link / ccbn.10kwizard.com  
  6. http://www.geothermie.de/aktuelles/projekte/tiefe-geothermie/oesterreich/bad-blumau-heizkraftwerk.html , http://www.igatec.de/html/orc.htm ( Memento from October 2nd 2008 in the Internet Archive )