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0 0 0 0 0.000934928945400096 -0.00775991024682136 -0.0116866118175019 -0.0156133133881825
Stock impact report

SLB and Ormat Partner to Accelerate Integrated Geothermal Asset Development and Enhanced Geothermal Systems

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. and HOUSTON, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Leading geothermal and renewable energy company Ormat Technologies (NYSE: ORA), and Global energy technology company SLB (NYSE: SLB) today announced an agreement to fast-track the development and commercialization of integrated geothermal assets, including enhanced geothermal systems (EGS). EGS is the next generation of geothermal technology, meant to unlock geothermal energy in regions beyond where conventional geothermal resources exist. Together, Ormat and SLB intend to streamline project deployment, from concept to power generation. As part of this effort, they will develop, pilot and scale EGS solutions to enable wide-scale EGS adoption. This collaboration will include the design and construction of an EGS pilot at an Ormat site. Key Highlights: Joint Technology and Project Development: SLB and Ormat will co-develop and deploy integrated geothermal assets and EGS systems designed for optimal long-term performance, lev Show less Read more
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