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Ormat Technologies strongly committed on geothermal development in state of Nevada

Ormat Technologies strongly committed on geothermal development in state of Nevada Ormat in Nevada, Ormat Investor Presentation 2018 (source: Ormat)
Alexander Richter 17 Apr 2018

Ormat Technologies, headquartered in Reno/ Nevada, is committed to geothermal energy development and operation in the State of Nevada. With 7 operating plants and one under construction, the company is also exploring/ developing additional 17 projects.

With its global activities in both development and supply of its geothermal power generation technology, Ormat Technologies is strongy committed to geothermal development in Nevada

During a recent meeting to a local economic development agency in Nevada, Paul Thomsen, Ormat Technology’s Executive Director for Government and Regulatory Affairs, presented an overview Ormat and its business, both in the past and future.

Ormat has built more than 200 power plants since the company was founded more than 50 years ago, and is now one of the “most active global (geothermal) developer(s) with over 450 MW development in the last decade.”, so Paul Thomsen.

The company’s headquarter is based in Reno, Nevada. Within and near Churchill County alone, the company has 11 projects  in the development stage and four are in operation.

Don A. Campbell 3 and Rhodes Marsh. The McGinness Hills 3 in Lander County is under construction.

Overall in Nevada, has 7 geothermal power plants in operation. The plants are the Steamboat Complex (with Galena 1, 2 and 3, Steamboat Hills, and Steamboat 2&3) with a combined capacity of 70 MW, the Brady Complex with 18 MW, the Don A. Campbell plants 1 and 2 with 41 MW, the McGinness Hills plants 1 and 2 with 90 MW, Jersey Valley with 10 MW and Tuscarora with 18 MW.

Ormat currently has the McGinnes Hills unit 3 under construction and additional 17 projects either under exploration or development.

The company further is part of a consortium in the running the Frontier Observatory for Research in Geothermal Energy or FORGE project by the U.S. DOE. We reported on this last week.

Sources: Nevada Appeal