Ormat Technologies (NYSE:ORA) is the world's largest pure play geothermal technology solutions provider and also owns and operates a number of geothermal plants. Geothermal energy has not really taken off like its other renewable energy siblings such as solar and wind energy. Geothermal energy has suffered as building geothermal plants is a risky proposition and also takes a long time. Most of the geothermal energy developers are also small and weakly capitalized, which makes it difficult for them to develop long gestation projects. The company has a long history and has operations both in Israel and USA. The company earlier used to be a pure equipment provider before it expanded into owning and operating geothermal plants. The company...
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