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Ormat targets AI data centers with geothermal baseload and EGS pilots

Ormat Technologies logoOrmat Technologies
Sig1.67Sen+4.60Env+3.20Soc0.00Gov0.00

Ormat links the AI data-center buildout to plans for baseload geothermal power in the Western U.S., combining traditional geothermal expansion with a growing battery storage business. It expects its EGS work to scale after pilots at Nevada’s Blue Mountain (with Sage) and Desert Peak (with SLB). The company says it is already profitable and operates 1.85 GW worldwide.

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