Ormat Technologies Inc
NYSE:ORA
Ormat Technologies Inc
Revenue
Ormat Technologies Inc
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Ormat Technologies Inc
NYSE:ORA
|
Revenue
$879.7m
|
CAGR 3-Years
10%
|
CAGR 5-Years
3%
|
CAGR 10-Years
5%
|
|
|
Nextera Energy Partners LP
NYSE:NEP
|
Revenue
$1.2B
|
CAGR 3-Years
8%
|
CAGR 5-Years
8%
|
CAGR 10-Years
13%
|
|
|
Brookfield Renewable Corp
NYSE:BEPC
|
Revenue
$4.1B
|
CAGR 3-Years
7%
|
CAGR 5-Years
5%
|
CAGR 10-Years
N/A
|
|
|
Montauk Renewables Inc
NASDAQ:MNTK
|
Revenue
$175.7m
|
CAGR 3-Years
6%
|
CAGR 5-Years
11%
|
CAGR 10-Years
N/A
|
|
|
Altus Power Inc
NYSE:AMPS
|
Revenue
$196.3m
|
CAGR 3-Years
40%
|
CAGR 5-Years
39%
|
CAGR 10-Years
N/A
|
|
|
XPLR Infrastructure LP
NYSE:XIFR
|
Revenue
$1.2B
|
CAGR 3-Years
8%
|
CAGR 5-Years
8%
|
CAGR 10-Years
13%
|
|
Ormat Technologies Inc
Glance View
Ormat Technologies Inc. is a fascinating player in the renewable energy sector, distinguished by its focus on geothermal energy production. Headquartered in Reno, Nevada, Ormat has carved out a niche for itself by capitalizing on the Earth's natural heat to generate electricity. Unlike traditional solar or wind energy companies, Ormat taps into geothermal resources, which are considered a more reliable and constant source of renewable energy. This stability is derived from the fact that geothermal energy is largely unaffected by weather conditions, allowing Ormat to offer a steady stream of power generation. Their operational expertise spans across various geographies, including the United States, Kenya, and several other countries, underscoring the global demand for sustainable energy solutions. Ormat’s business model is multifaceted, encompassing both the construction and operation of its geothermal power plants, in addition to providing equipment to other energy companies. This dual approach not only diversifies its revenue streams but also positions Ormat as a leader in geothermal technology solutions. The company's revenues are largely drawn from the sale of electricity under long-term power purchase agreements, ensuring predictable income over extended periods. Furthermore, Ormat designs, builds, and sells power plants and geothermal equipment, thereby expanding its footprint in the industry and reinforcing its role as a crucial conduit for renewable energy. This blend of generating and technology sales empowers Ormat to remain resilient in the dynamic energy market, safeguarding its position as a pioneer in the sustainable energy frontier.
See Also
What is Ormat Technologies Inc's Revenue?
Revenue
879.7m
USD
Based on the financial report for Dec 31, 2024, Ormat Technologies Inc's Revenue amounts to 879.7m USD.
What is Ormat Technologies Inc's Revenue growth rate?
Revenue CAGR 10Y
5%
Over the last year, the Revenue growth was 6%. The average annual Revenue growth rates for Ormat Technologies Inc have been 10% over the past three years , 3% over the past five years , and 5% over the past ten years .
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