Ormat Announces Commercial Operation of Rabbit Hill Battery Energy Storage System Participating in Markets Run by the Electric Reliability Council of Texas
Ormat Technologies, Inc. (ORA)
Last ormat technologies, inc. earnings: 2/25 04:30 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.ormat.com
Company Research
Source: GlobeNewswire
RENO, Nev., April 30, 2020 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) today announced the commercial operation of the Rabbit Hill Battery Energy Storage System (BESS) facility, providing required ancillary services and energy optimization to the wholesale markets managed by the Electricity Reliability Council of Texas (ERCOT). The facility is located in the City of Georgetown, Texas, and it is sized to provide approximately 10 MW of fast responding capacity to the ERCOT market. Ormat’s wholly owned subsidiary Viridity Energy Solutions Inc. designed, built, owns and operates the lithium-Ion-based BESS, using batteries from a tier 1 supplier. ”The Rabbit Hill BESS facility is our first energy storage system in Texas” commented Isaac Angel, Chief Executive Officer. “The system provides fast responding capacity, helping ERCOT maintain grid reliability, as it copes with changes in supply and demand, driven by the growing penetration of wind and solar generation, mo
Show less
Read more
Impact Snapshot
Event Time:
ORA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ORA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ORA alerts
High impacting Ormat Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
ORA
News
- Ormat Technologies (NYSE:ORA) had its "buy" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
- Ormat Technologies (ORA): Is the Recent 58% Share Price Jump Justified by Its Valuation? [Yahoo! Finance]Yahoo! Finance
- Ormat Technologies (ORA) Earns Outperform Rating After Beating Q3 Estimates and Boosting Growth Outlook [Yahoo! Finance]Yahoo! Finance
- Ormat Technologies (NYSE:ORA) had its price target raised by analysts at UBS Group AG from $105.00 to $135.00. They now have a "buy" rating on the stock.MarketBeat
- Ormat Technologies (NYSE:ORA) had its price target raised by analysts at Barclays PLC from $89.00 to $118.00. They now have an "overweight" rating on the stock.MarketBeat
ORA
Earnings
- 11/3/25 - Beat
ORA
Sec Filings
- 11/10/25 - Form 4
- 11/10/25 - Form 4
- 11/10/25 - Form 4
- ORA's page on the SEC website