Ormat Technologies climbs after deal with NV Energy to supply clean power for Google
17/02/2026 14:55
** Shares of renewable energy company Ormat Technologies ORA.N rise 4.6% to $123.65 ** Co signs agreement with NV Energy to support Google's operations in Nevada with up to 150 megawatt (MW) of new geothermal capacity ** ORA says the agreement requires approval from the Public Utilities Commission of Nevada, which is expected to rule in the second half of 2026 ** ORA added that the projects will come online starting as early as 2028 and continue through 2030 ** In 2025, ORA was up 59.8% (Reporting by Varun Sahay in Bengaluru) ((Varun.sahay@thomsonreuters.com))