NYSE:ORARenewable Energy
Ormat Technologies (ORA) Valuation Check After Shirk Energy Storage Milestone And Long Term Contract Win
Ormat Technologies (ORA) has brought its Shirk energy storage facility in Visalia, California into commercial service, adding 80MW and 320MWh of battery capacity under a 15-year agreement with the City of Riverside.
See our latest analysis for Ormat Technologies.
Ormat’s recent Shirk launch and amended Casa Diablo-IV contracts come after a mixed stretch for the share price. A 1-year total shareholder return of 54.41% contrasts with a 30-day share price return of 6.61% and a year-to-date share...