Industry FocusOrmat Technologies is well-positioned to benefit from renewed industry focus on geothermal energy, supported by the oil and gas market.
Regulatory EnvironmentImproved regulatory environment and growing demand for AI data center power generation have created a meaningful valuation re-rating story for Ormat Technologies.
Tax CreditsThe extension of PTC and ITC provides 100% tax credit for geothermal projects starting construction by the end of 2033, significantly extending the project development runway for Ormat Technologies.