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CPS Energy makes first solar selection in FlexPOWER Bundle initiative

Partnership will secure 300 MW of solar, $500,000 for CPS Energy community prioritiesSAN ANTONIO, Texas, May 24, 2022 /PRNewswire/ CPS Energy, . ....

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Local authority approval for 2,000MW California mixed Li-ion and flow battery energy storage project

A permit has been granted by local authorities in California for a battery storage project of up to 2,000MW output, which could host both lithium-ion and flow battery systems. ....

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Battery Storage to Meant to Stabilize Solar Energy » Holtville Tribune

Con Edison Development permit for its Westside Main Battery Storage facility is approved by the county Board of Supervisors on Dec. 7. ....

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ORA: Should Ormat Technologies Stock be in Your Portfolio?

Should Ormat Technologies Stock be in Your Portfolio?
ORA – ORA provides flexible and modular geothermal energy solutions through its power plants and energy storage assets, which significantly reduce the need for fossil fuels. With the expected Biden Administration focus on clean energy, we believe ORA has the potential to deliver stellar returns this year.
Jan 13, 2021
Ormat Technologies, Inc. (ORA) is a leading geothermal company that develops, operates, and sells geothermal and REG power plants. It is the only vertically integrated company engaged in geothermal and recovered energy generation (REG). It conducts its business activities globally in three segments Electricity segment, Product segment and Energy Storage and Management Services segment. ....

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Ormat jumps on Texas energy storage acquisition

Ormat jumps on Texas energy storage acquisition
Ormat’s wholly owned subsidiary, Viridity Energy Solutions Inc., will design, build, own and operate a 25 MW battery energy storage system (BESS) project at the site.
Israeli geothermal and recovered energy generation provider Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) has announced that it has completed the acquisition of a shovel-ready energy storage asset in Upton County, Texas. No financial details about the acquisition were disclosed.
Ormat s share price jumped 5.13% on Wall Street on Friday to $86.52, giving a market cap of $4.83 billion.
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Ormat acquired the asset from Con Edison Development. Ormat’s wholly owned subsidiary, Viridity Energy Solutions Inc., will design, build, own and operate a 25 MW battery energy storage system (BESS) project at the site. The project is co-located with an operational 157 MW solar PV generating facility that is owned and operated by CED Upton County S ....

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