Ormat Q3 net income attributable to stockholders rises 32% to $31.9 million
Bitget2026/11/04 21:32- Ormat Technologies’ third-quarter 2026 net income attributable to stockholders rose 32% year-over-year to $31.9 million.
- Revenues climbed 10% to $275.1 million, while Energy Storage revenues more than doubled to $49.9 million.
- The potential EGS development pipeline expanded to 5–6 GW, supported by approximately 170,000 acres.
- Full-year 2026 revenues are expected between $1.17 billion and $1.2 billion, with the guidance midpoint raised.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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