1. Isaac Angel - Chairman of the Board of Directors: Isaac Angel has been the CEO of Ormat Technologies since. He has over 20 years of experience in the energy industry and has held several leadership positions at Ormat Technologies, including President and Chief Operating Officer. Angel holds a degree in engineering from Ben-Gurion University of the Negev in Israel.
2. Doron Blachar - Chief Executive Officer: Doron Blachar has been the Chief Executive Officer of Ormat Technologies since. He has over 20 years of experience in finance and operations, and previously served as the CFO of Vaya Group and the Vice President and Controller of DSP Group. Blachar holds a BA in Economics and Accounting from the Hebrew University of Jerusalem and an MBA from Tel-Aviv University.
3. Assaf Ginzburg - Chief Financial Officer: Assaf Ginzburg serves as the Chief Financial Officer of Ormat Technologies.
4. Byron Wong - Director: Byron Wong is a member of the Board of Directors at Ormat Technologies.
5. Dafna Sharir - Director: Dafna Sharir is a member of the Board of Directors at Ormat Technologies.
6. David Granot - Director: David Granot has been the Vice Chairman and Director of Ormat Technologies since. He is the Chairman of FIMI Opportunity Funds, a private equity firm, and previously served as the CEO of Cellcom Israel. Granot holds a BA in Law and Economics from Tel-Aviv University and an LLM from Georgetown University.
7. Michal Marom - Director: Michal Marom is a member of the Board of Directors at Ormat Technologies.
8. Karin Corfee - Director: Karin Corfee is a member of the Board of Directors at Ormat Technologies.
9. Stanley B. Stern - Director: Stanley B. Stern is a member of the Board of Directors at Ormat Technologies.
10. Mike Nikkel - Director: Mike Nikkel is a member of the Board of Directors at Ormat Technologies.
11. Hidetake Takahashi - Director: Hidetake Takahashi is a member of the Board of Directors at Ormat Technologies.,
Ormat Technologies Inc currently has 1648 employees.
News about Ormat Technologies Inc Key Personnel |
Ormat Technologies Signs PPA for a New Geothermal Power Plant in Guadeloupe
Agreement Supports Ormat s Capacity Growth Targets and Strategically Expands Its Presence in the Region
The renewable energy industry is on the rise globally, and geothermal power has emerged as an increasingly popular option for sustainable electricity generation. Ormat Technologies, a leading provider of geothermal energy solutions, has recently signed a Power Purchase Agreement (PPA) for the development of a new geothermal power plant in Guadeloupe. This landmark agreement not only supports Ormat s capacity growth targets but also strategically expands its presence in the Caribbean region.
Geothermal power is derived f...
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Ormat Technologies Inc, a leading renewable energy company, has recently secured approval for amendments to its Power Purchase Agreements (PPAs) with Hawaiian Electric. This move offers a fixed energy rate, extends the PPA, and allows for the expansion of their Puna geothermal project. In addition, we will analyze Ormat s return on average invested assets (ROI) for the third quarter of 2023 and its implications.
Facts:
1. Ormat Technologies Inc achieved a ROI of 2.55% in Q3 2023, lower than its average ROI of 4.42%.
2. The ROI has improved compared to 2.22% in Q2 2023 due to net income growth.
3. Among 63 other companies in the Utilities sector, Ormat Technologies Inc had a lower RO...
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