Ormat Commences Commercial Operation of the 80MW/320MWh Shirk Energy Storage Facility in California
Ormat Technologies, Inc. (ORA)
Last ormat technologies, inc. earnings: 2/25 04:30 pm
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Source: GlobeNewswire
RENO, Nev., March 12, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced the commencement of commercial operations at the Shirk energy storage facility, an 80MW/320MWh Battery Energy Storage System (BESS) located in Visalia, California. The Shirk facility secures capacity under a 15-year Resource Adequacy Purchase and Sale Agreement (RA Agreement) with the City of Riverside, supporting grid reliability and helping meet California’s growing demand for flexible energy resources. The project represents another milestone in Ormat’s continued expansion of a stable and profitable energy storage portfolio. The Shirk project qualifies for a 40% Investment Tax Credit (ITC), which the Company plans to monetize the tax benefits as part of the hybrid tax equity partnership with Morgan Stanley Renewables, Inc. that Ormat announced in May 2025, which supports the funding and optimization of
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News
- Renewable Energy Stock Up 54% in a Year as a New $26 Million Bet Signals Confidence [Yahoo! Finance]Yahoo! Finance
- Ormat Commences Commercial Operation of the 80MW/320MWh Shirk Energy Storage Facility in California [Yahoo! Finance]Yahoo! Finance
- Ormat Technologies Announces Signing of ‘Blend-and-Extend' Amendment for CD4 Geothermal Power Plant [Yahoo! Finance]Yahoo! Finance
- Ormat Technologies Announces Signing of ‘Blend-and-Extend’ Amendment for CD4 Geothermal Power PlantGlobeNewswire
- Is Ormat Technologies (ORA) Attractive After Recent Share Price Pullback? [Yahoo! Finance]Yahoo! Finance
ORA
Earnings
- 2/25/26 - In-Line
ORA
Sec Filings
- 3/5/26 - Form SCHEDULE
- 3/4/26 - Form 4
- 3/3/26 - Form 4
- ORA's page on the SEC website