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Ormat Technologies overview

Industry
Alternative Energy and Renewable Energy
Revenue
Headquarters
Employees
1,400
Founded in
Website
Organization type
Public
Social media
Ormat Technologies, Inc. and its subsidiaries engage in the geothermal and recovered energy power business in the United States and internationally. The company operates in two segments, Electricity and Products. The Electricity segment develops, builds, owns, and operates geothermal and recovered energy-based power plants, and sells electricity. The Products segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation; and remote power units and other power generators, including fossil fuel powered turbo-generators and heavy duty direct current generators. These products are offered to owners and operators of geothermal plants, interstate natural gas pipelines, gas processing plants, and cement plants; contractors installing gas pipelines; and various companies engaged in other energy-intensive industrial processes. This segment also provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy power plants. The company was founded in 1965 and is based in Reno, Nevada. It has a joint venture agreement with Sunday Energy Ltd. to develop, construct, and operate solar-photovoltaic energy systems with a total capacity of 36 megawatts in Israel. Ormat Technologies, Inc. is a subsidiary of Ormat Industries, Ltd.
Ormat Technologies has been around for a long time. It was founded back in 1965. This established company loves to hire graduates from University of Nevada - Las Vegas, with 25.0% of its employees having attended University of Nevada - Las Vegas. Ormat Technologies is a great place to work and is featured as number 17 on Zippia's list of Best Companies to Work for in Reno, NV.The average employee at Ormat Technologies makes $70,911 per year. Pay at Ormat Technologies is significantly lower than some of its highest paying competitors, like Calpine, Pinnacle West Capital, and Southern California Edison, which pay $92,459, $91,494, and $83,764, respectively.
Based in Nevada, Ormat Technologies is a key player in the energy industry with 1,400 employees and an annual revenue of $879.7M.

Ormat Technologies's mission statement

We want to become a leading global provider of renewable energy, while building a geographically balanced portfolio of geothermal, recovered energy and storage assets.

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3.0/5

Ormat Technologies employee reviews

Based on 2 ratings

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Ormat Technologies employee reviews

Ormat Technologies employee reviews
3.0/5

Based on 2 ratings

Work at Ormat Technologies? Share your experience.
Employee reviews
profile
1.0
A zippia user wrote a review on Jan 2025
Pros of working at Ormat Technologies

Received a paycheck every two weeks

Cons of working at Ormat Technologies

Management puts you down, doesn't want to listen to your ideas. Revises orders constantly to pay large amount of past due orders. Toxic work environment, favoritism, and no room for growth unless they randomly pick a person to let go in order to make roo.

Ormat Technologies benefits

The benefits

What do you like best about Ormat Technologies's CEO and the leadership team?

Don't know rarely saw or heard from them only by email which is impersonal.

How would you improve Ormat Technologies's culture?

Listen to your employees and from there no one would as if their not safe to work there.

How did you prepare for the Ormat Technologies interview?

My background played a big part

How does your compensation at Ormat Technologies compare to the industry average?

Compensation was a fair amount

What brings you the most joy at Ormat Technologies?

Wouldn't know I was miserable everyday working here.

What's the diversity at Ormat Technologies like?

Decent diversity

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5.0
A zippia user wrote a review on Sep 2022
Pros of working at Ormat Technologies

working conditions and employee welfare is prioritized.

Cons of working at Ormat Technologies

the noise from machines

Ormat Technologies benefits

learning new skills, entitlement for medical and education funds.

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The team at Ormat Technologies

  • The founders of Ormat Technologies are Yehudit Bronicki and Lucien Bronicki.
  • The key people at Ormat Technologies are Wrong Doron Blachar?, Yehudit Bronicki and Lucien Bronicki.
Key people
Wrong Doron Blachar?
Yehudit Bronicki
Lucien Bronicki
The inside scoop
Their vast experience and constant feedback through both in-house and industry operations and applications has given them a full tool belt that their competitors don't have.

Ormat Technologies rankings

Ormat Technologies is ranked #98 on the Best companies to work for in Nevada list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Ormat Technologies salaries

Average Ormat Technologies salary
$70,911
yearly
$34.09 hourly
Updated March 14, 2024

Evaluate Ormat Technologies' commitment to diversity and inclusion.

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Ormat Technologies diversity

7.7
Diversity score
We calculated Ormat Technologies’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Ormat Technologies’s workforce.
Ormat Technologies diversity summary. Zippia estimates Ormat Technologies's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Ormat Technologies's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Ormat Technologies's workforce.
  • Ormat Technologies has 1,400 employees.
  • 22% of Ormat Technologies employees are women, while 78% are men.
  • The most common ethnicity at Ormat Technologies is White (55%).
  • 27% of Ormat Technologies employees are Hispanic or Latino.
  • 7% of Ormat Technologies employees are Black or African American.
  • The average employee at Ormat Technologies makes $70,911 per year.
  • Employees at Ormat Technologies stay with the company for 3.9 years on average.

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Ormat Technologies financial performance

9.9
Performance score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Ormat Technologies currently has 734.2M in revenue. Ormat Technologies's most recent quarter produced 194.8m (q2'2023).

Ormat Technologies annual revenue

$880M
$704M
$528M
$352M
$176M
$0
2019
2020
2021
2022
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2024

Highest paying Ormat Technologies competitors

Compare Ormat Technologies salaries to competitors, including Calpine, Pinnacle West Capital, and Southern California Edison. Employees at Calpine earn the highest average yearly salary of $92,459. The salaries at Pinnacle West Capital average $91,494 per year, and the salaries at Southern California Edison come in at $83,764 per year.
RankCompanyAverage salaryJobs
1$92,4590
2$91,4940
3$83,7640
4$82,1380
5$75,1070
6$74,9830
7$73,9220
8$72,4240
9$68,6860
10$59,6610

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Zippia gives an in-depth look into the details of Ormat Technologies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ormat Technologies. The employee data is based on information from people who have self-reported their past or current employments at Ormat Technologies. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Ormat Technologies. The data presented on this page does not represent the view of Ormat Technologies and its employees or that of Zippia.

Ormat Technologies may also be known as or be related to Ormat, Ormat Technologies, Ormat Technologies Inc, Ormat Technologies Inc. and Ormat Technologies, Inc.