NYSE:ORARenewable Energy
Ormat’s Sage Geosystems Deal and Indonesia Win Might Change The Case For Investing In ORA
In January 2026, Ormat Technologies announced a US$25 million equity investment in Sage Geosystems and a long-term geothermal power purchase agreement with Switch, alongside securing Indonesia’s Telaga Ranu Geothermal Working Area concession.
Together, these moves expand Ormat’s access to next-generation geothermal technology, deepen its role in data center decarbonization, and extend its project pipeline in Indonesia’s energy transition program.
We’ll now examine how Ormat’s collaboration...