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Ormat Technologies Selected For Up To ~$35M In U.S. DOE Funding, In Partnership With SLB And The University Of Utah, For Nevada And Utah Geothermal Projects

Sep 24, 2026 · 04:41 PM ET· updated 53m ago

Ormat Technologies Inc. (NYSE:ORA) ("Ormat" or the "Company"), a leading geothermal and renewable energy company, today announced that it has been selected by the U.S. Department of Energy

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Why It Matters

Ormat won up to $35 million in government money for geothermal energy projects. This shows the U.S. government is backing geothermal power as a real energy solution.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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