Ormat Technologies is a holding company. Co. is engaged in the geothermal and recovered energy power business. Co. conducts its business in two segments: Electricity, which develops, builds, owns, and operates geothermal and recovered energy-based power plants in the U.S., and geothermal power plants in other countries, and sells the electricity they generate; and Product, which designs, manufactures and sells equipment for geothermal and recovered energy-based electricity generation, remote power units, and other power generating units and provide services relating to the engineering, procurement, construction, operation and maintenance of geothermal and recovered energy power plants.
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