Ormat is a vertically-integrated company whose primary business is to develop, build, own and operate geothermal and recovered energy power plants utilizing in-house designed and manufactured equipment selling the electricity to utilities under long term power purchase agreement. Ormat also supplies its power generating equipment or complete power plants on a turnkey - EPC (Engineering, Procurement and Construction) basis to developers, utilites and industrial users. In addition, Ormat supplies to telecom and pipeline operators small scale power units for remote unattended operation. |