DOE Announces $171 Million For Geothermal Expansion [zero hedge]
Ormat Technologies, Inc. (ORA)
Last ormat technologies, inc. earnings: 2/25 04:30 pm
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Source: zero hedge
DOE Announces $171 Million For Geothermal Expansion The DOE released a Notice of Funding Opportunity offering up to $171.5 million for next-generation geothermal field tests and resource exploration . The program targets field-scale demonstrations of enhanced geothermal systems (EGS) for electricity generation, along with drilling to characterize and confirm hydrothermal and next-gen prospects nationwide. The funding splits into two initial open topics: up to $100 million for EGS field tests and $71.5 million for exploratory drilling. Letters of intent are due March 27, with full applications due April 30. The move directly supports President Trump’s Executive Order “Unleashing American Energy,” according to the agency. Geothermal currently supplies roughly 4 GW of U.S. capacity, but represents only about 0.3% of total power generation. DOE estimates the resource base could support 300 GW or more by 2050 with technology improvements, delivering firm, 24/7 baseload power that complemen
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News
- Is Ormat Technologies (ORA) Attractive After Recent Share Price Pullback? [Yahoo! Finance]Yahoo! Finance
- Ormat Technologies (ORA) had its "buy" rating reaffirmed by UBS Group AG.MarketBeat
- Ormat Technologies (ORA) is now covered by Royal Bank Of Canada. They set an "outperform" rating and a $130.00 price target on the stock.MarketBeat
- Ormat Technologies (ORA) had its price target raised by Barclays PLC from $108.00 to $123.00. They now have an "overweight" rating on the stock.MarketBeat
- Ormat Technologies Q4 Earnings Call Highlights [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