Utility Dive•9 months ago
Ormat’s energy storage revenue rises
- •Vertically integrated renewables firm Ormat is seeing increased revenue from its energy storage operations.
- •The company is significantly boosting its investment in battery storage projects, indicating strong market growth and demand for grid flexibility.
- •Ormat is actively pursuing enhanced geothermal pilot projects with SLB and Sage Geosystems, signaling diversification into advanced renewable generation technologies.
storage