AGREEMENT SUPPORTS ORMAT’S GROWTH TRAJECTORY AND ADVANCES THE ONGOING TRANSITION TO A MORE STABLE, PROFITABLE ENERGY STORAGE PORTFOLIORENO, Nev., July 23, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, today announced the signing of a 15-year Resource Adequacy Purchase and Sale Agreement (RA Agreement) with the City of Riverside for the 80MW/320MWh Shirk Battery Energy Storage System (BESS) located in Visalia, California. The Shirk project, whi

TRP vs. ORA: Which Stock Is the Better Value Option?

While sustainable energy infrastructure might not address all of our power-related concerns, investors should nevertheless consider green energy stocks for the long haul. Fundamentally, the broader political and ideological winds are pushing in the direction of holistic sustainability. It’s no longer just a buzzword but increasingly a way of life. Enterprises need to respond to the real demand or be left behind. Significantly, green energy stocks may also rise due to the compelling need for accr

RENO, Nev., July 08, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its second quarter financial results in a press release that will be issued on Tuesday, August 6, 2024, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 9:00 a.m. ET on, August 7, 2024. Participants within the United States and Canada, please dial 1-888-770-228

While hydrocarbons still power the world, increasingly, green and sustainable infrastructure is flexing its muscle. In full disclosure, the idea that all energy sources will be sustainable might be a stretch. Nevertheless, the sector is booming and with rising investments, it’s a good idea to consider the best renewable energy stocks. Fundamentally, the narrative comes down to scientific realities. An overwhelming consensus of scientists agree that climate change is real. Further, earth is pract

When it comes to targeting renewable energy stocks, the narrative comes down to one thing: demand and lots of it. Sure, the sector may conjure up images of environmental activists chaining themselves to trees and similar activities. However, at the end of the day, sustainability is a business – and business is good. Let’s look at some numbers. According to the U.S. Energy Information Administration (EIA), renewable energy deployment may expand by 17% to reach 42 gigawatts (GW) by this year. That

Ormat Technologies (ORA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

RENO, Nev., June 04, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, announced today that it will host an Investor and Analyst Day in New York City at the New York Stock Exchange (NYSE) on Thursday, June 20, 2024. The Investor and Analyst Day event will begin with a gathering and breakfast at 08:00 a.m. Eastern Time (EDT). The presentation will start at 09:00 a.m. EDT and will include presentations from multiple members of the executive leadersh

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

With news that the Russians opened another front in its belligerence against Ukraine, it’s clear that energy stocks to buy need to rise to the forefront. Geopolitically, the narrative is only becoming more intense, with fears rising that global supply chains could be disrupted. It’s not a far-fetched concept. Before Congress approved an import ban on Russian-sourced uranium, concerns existed that the Kremlin could choose to cut supplies of the critical energy resource to the U.S. and Western nat