Ormat Technologies
Coverage of Ormat Technologies in the Nexus archive.
- Powering the cloud after 60 years underground: Ormat’s geothermal pivot to AI
Ormat Technologies plans to achieve exponential growth by pivoting towards Enhanced Geothermal Systems (EGS), utilizing traditional geothermal expertise combined with advanced techniques like oil-drilling and fracking. This strategy aims to build baseload, clean power in the Western United States, leveraging high demand from the AI data center boom through partnerships such as Google and Switch.
- An old-school geothermal giant rides the tech’s newfound popularity
Ormat Technologies initiated a significant geothermal energy experiment in 2002 near the Hot Springs Mountains in western Nevada, leveraging natural heat from underground water and steam to generate electricity. The article highlights the company's long-term project as part of renewed interest in geothermal technology.