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Ormat Technologies, Inc. Ormat Technologies, based in the USA, is a leading vertically integrated company engaged in the geothermal and recovered energy (i.e. from ―waste heat‖) power business. Ormat has over 40 years experience with ORC and 25 years of its applications to geothermal development. Ormat explores, develops, designs, builds, owns and operates clean, environmentally friendly geothermal and recovered energy-based power plants. In addition, the company also designs, manufactures and sells power units and other power generating equipment for geothermal and recovered energy (RE) based electricity generation for third parties. As of December 2010, Ormat owns and operates ~500 MWe of geothermal and ~53 MWe RE generation in the United States, Nicaragua, Kenya and Guatemala. In total, Ormat has built approximately 1,370 MWe of geothermal, REG and solar installations worldwide, in 24 countries. Geothermal represents over 90% of the total installation. In the U.S, Ormat has deployed approximately 70% of the geothermal capacity installed since 2000. Ormat has grown to a team of 1,150 employees worldwide, with approximately 500 in the United States. It also has its own in-house drilling company, GeoDrill, with six rigs capable of drilling to 5,500 m and over 100 staff. In 2009 and 2010, Ormat added approximately 110 MWe of gross geothermal capacity and 45 MWe of gross REG capacity worldwide. In 2010, Ormat acquired the remaining 50% of the Mammoth complex, in California, where the company plans to repower, optimize and expand the facility. As of mid-2011, Ormat has 160-165 MWe under construction and another 87 MWe in various phases of development. Ormat is engaged in the largest effort undertaken by a single company, within the last 20 years, to categorize, map, sample and drill US greenfield prospects. Ormat has various leases and concessions for geothermal resources of approximately 355,000 acres in 32 sites located in Alaska, California, Nevada, Hawaii, Oregon, Idaho and Utah in the United States, and in Chile, Guatemala and New Zealand. Ormat is involved in several R&D projects, including EGS (with US DoE at Brady‘s Hot Springs and Desert Peak, Nevada), innovative exploration and drilling technology (with US DoE in Hawaii, Oregon and California; and State of Alaska) and co-production with oil wells (with US DoE at the Rocky Mountain Oil Test Center). In 2010, Ormat‘s total revenues were US$ 373 M, with a 15% increase in the company‘s electricity segment (total = US$ 292 M); total generation increased about 14% to 3.8 M MWh. Organization Sponsors Canadian Geothermal Energy Association The Canadian Geothermal Energy Association (CanGEA), an industry organization Sponsor Member of the GIA, is a non-profit association that promotes the development and use of sustainable geothermal energy in Canada. Their focus is on moderate to high temperature resources (> 70 ̊C) for power generation. CanGEA had grown to 42 members at the end of 2010, including geothermal developers, equipment manufacturers, utilities, and firms specializing in consulting, engineering, construction, financial and legal aspects of geothermal energy. CanGEA‘s geothermal producers represent ~ C$ 1 billion in market capitalization on the Toronto and Venture Stock Exchange and more than 2,000 MWe of 17PDF Image | Geothermal Research and Tech IEA
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