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Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year End 2025 Financial Results
Globenewswire· 2026-01-14 13:00
RENO, Nev., Jan. 14, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced that it plans to publish its fourth quarter and full year 2025 financial results in a press release that will be issued on Wednesday, February 25, 2026, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 10:00 a.m. ET on Thursday, February 26, 2026. Participants within the United Sta ...
Ormat Technologies Commenced Commercial Operation of Arrowleaf, Its First Hybrid Solar-Plus-Storage Project
Globenewswire· 2026-01-06 14:00
Core Insights - Ormat Technologies Inc. has commenced commercial operations of its Arrowleaf solar and battery energy storage project in California, marking a significant milestone in its strategic growth plans [1][4] Group 1: Project Overview - The Arrowleaf facility has a solar generation capacity of approximately 42MW and energy storage capacity of 35MW/140MWh, serving nearly 1 million customers under a long-term tolling agreement with San Diego Community Power [2][7] - The project represents Ormat's first hybrid solar-plus-storage facility, expanding its operating portfolio to approximately 1.7 gigawatts [4][7] Group 2: Financial Impact - The project reflects Ormat's disciplined capital management strategy, having monetized investment tax credits through a partnership with Morgan Stanley Renewables Inc., resulting in approximately $38 million of upfront proceeds [3] - In 2025, Ormat successfully collected over $160 million in tax credits, exceeding its full-year target, which strengthens its balance sheet and cash flow trajectory [4] Group 3: Company Background - Ormat Technologies, Inc. is a leading geothermal company with over five decades of experience, focusing on geothermal and recovered energy generation, and aims to establish a leading position in the U.S. energy storage market [5] - The company currently has a total generating portfolio of 1,695MW, including a 1,310MW geothermal and solar generation portfolio and a 385MW energy storage portfolio located in the U.S. [5]
SLB Announces Dates for Fourth-Quarter and Full-Year 2025 Results Conference Call
Businesswire· 2025-12-02 18:00
Core Viewpoint - SLB is set to hold a conference call on January 23, 2026, to discuss its fourth-quarter and full-year results for 2025, with a press release scheduled for earlier that day [1][2]. Company Overview - SLB (NYSE: SLB) is a global technology company focused on energy innovation, operating in over 100 countries and employing a diverse workforce [3][5]. - The company reported revenues of $36.29 billion and a net income of $4.46 billion for the year 2024 [5][10]. Conference Call Details - The conference call will begin at 9:30 am US Eastern time, with listeners needing to dial in approximately 10 minutes prior to the start [1][2]. - A webcast will also be available for listeners, who are encouraged to log in 15 minutes early to ensure connectivity [2]. Recent Developments - SLB has launched Tela™, an agentic AI technology aimed at transforming the upstream energy sector by automating processes and enhancing workflows [6]. - The company secured two significant engineering, procurement, and construction (EPC) contracts from PTT Exploration and Production Public Company Limited (PTTEP) for deepwater projects offshore Malaysia [7]. - SLB has partnered with Ormat Technologies to accelerate the development of integrated geothermal assets, including enhanced geothermal systems [8].
Ormat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2025 Financial Results
Globenewswire· 2025-10-06 11:30
Core Insights - Ormat Technologies, Inc. plans to release its third quarter financial results on November 3, 2025, after market close, followed by a conference call on November 4, 2025, at 09:00 a.m. ET [1] Company Overview - Ormat Technologies is a leading geothermal and renewable energy company with over six decades of experience, recognized as the only vertically integrated company in geothermal and recovered energy generation (REG) [4] - The company owns and operates power plants with a total gross capacity of approximately 3,400 MW, and its current generating portfolio includes 1,618 MW, with 1,268 MW from geothermal and solar generation [4] - Ormat is expanding its activities into energy storage services and solar photovoltaic (PV) systems, aiming to establish a leading position in the U.S. energy storage market [4]