Ormat Technologies Inc, an Israeli geothermal firm, has announced the acquisition of a shovel-ready energy storage asset in Upton County, Texas, from Con Edison Development. Ormat’s (ORA) wholly owned subsidiary, Viridity Energy Solutions Inc, will design, build, own and operate a 25 MW battery energy storage system (BESS) project at the site and Ormat is […]
Ormat Technologies Expands Energy Storage Footprint in California
RENO, Nev : Ormat Technologies, Inc. (NYSE: ORA) today announced that it has signed two Resource Adequacy Agreements, each for 50% of its 5 MW / 20 MWh Tierra Buena battery energy storage project currently under development in Sutter County, northern California. Two Community Choice Aggregators (“CCAs”), Redwood Coast Energy Authority (“RCEA”) and Valley Clean […]