Ormat Technologies has introduced Ormega100, a revolutionary new surface power generation unit designed to deliver higher output than other binary solutions currently on the market, marking an accelerated opportunity to commercialise and scale its EGS developments.
Doron Blachar, Chief Executive Officer of Ormat, said, “Ormat is built for this moment. Rapidly rising electricity demand and our decades of proven operations create an opportunity unlike any we have seen before. As an established geothermal company with tangible end-to-end capabilities across the entire geothermal value chain, we have a distinct competitive advantage to commercialise and scale next-generation geothermal solutions reliably.
“Our EGS developments, combined with the introduction of the Ormega100 surface power generation unit, position Ormat to deliver geothermal energy as a core solution for the evolving global energy economy.”
Ormat’s EGS team and comprehensive EGS solution bring next-gen innovation across two critical pillars:
- Surface power generation: the Ormega100 is the largest binary unit in the industry, capable of delivering 100MW of output in a single autonomous unit.
- Subsurface development: the company is advancing two strategic pilot programmes that combine its industrial capabilities with new EGS technologies to deliver transformative EGS solutions with a focus on expanding deployment.