Solar photovoltaic facility
Search documents
ORA Inks Long-Term PPA to Deliver Carbon-Free Geothermal Power
ZACKS· 2026-01-16 14:46
Key Takeaways ORA signed a 20-year PPA with Switch to deliver 13 MW of carbon-free geothermal power from Salt Wells.ORA will start deliveries in Q1 2030 after a Salt Wells upgrade, expanding exposure to data centers.ORA gains optional upside from a potential 7 MW solar add-on and sees chances to recontract over 100 MW.Ormat Technologies, Inc. (ORA) recently started that it has inked a 20-year Power Purchase Agreement (“PPA”) with Switch. This agreement marks Ormat’s first direct PPA with a data center opera ...