Novel Geothermal Technologies
Acknowledging Ormat's expertise in geothermal energy, we focus on innovation within this sector as a pivotal part of the renewable energy transition.
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About Ormat
Ormat New Ventures is the venture capital arm of Ormat Technologies. We partner with outstanding founders building novel energy and climate-tech hardware with the potential to become part of real energy projects. By combining Ormat’s deep technical expertise, project development capabilities, and global operating footprint, we help turn promising technologies into deployable solutions that address real energy challenges and can scale in the field, creating long-term value.
For over 60 years, Ormat Technologies, Inc. has been a relentless provider of renewable power and energy solutions worldwide. We pride ourselves on delivering clean and reliable energy solutions, specializing in geothermal power, recovered energy, and energy storage solutions.
With operations spanning across 30 countries, Ormat Technologies is at the forefront of innovative energy solutions, driving sustainability and efficiency in the global energy landscape. By combining cutting-edge technology with a commitment to environmental stewardship, Ormat empowers communities and industries to transition to cleaner, more reliable energy sources, fueling progress for generations to come.
OVER
YEARS OF EXPERIENCE
OWN & OPERATE
GEOTHERMAL, ENERGY STORAGE, SOLAR PV & REG (Recovered Energy Generation)
EMPLOYEES
By choosing Ormat New Ventures as your strategic partner, you gain access to a unique blend of financial support, industry expertise, technological validation, and a long-term perspective.
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This glossary will help you decode the most common terms, abbreviations, and frameworks in the climate tech industry.
Energy derived from natural resources that replenish themselves over short periods of time, such as sunlight, wind, rain, tides, waves, and geothermal heat.
Energy generated by harnessing the heat from the Earth’s interior to produce electricity or heat buildings
Also known as waste energy recovery, it is the process of capturing and reusing heat or energy that would otherwise be lost from industrial processes, buildings, or transportation
The capture of energy produced at one time for use at a later time, utilizing methods such as batteries, pumped hydroelectric storage, compressed air, and thermal storage to manage power supply and demand
The process of capturing carbon dioxide emissions from sources like power plants and industrial processes, to either store it underground or use it for other purposes, in order to reduce atmospheric greenhouse gas levels
Venture capital investments made with the goal of achieving specific business objectives, such as gaining competitive advantages, entering new markets, or accessing innovative technologies. More than once, strategic investments are strategic both to the company investing and the company invested in
Climate-tech encompasses technologies and innovations designed to address climate change by reducing greenhouse gas emissions and enhancing resilience to its impacts
The process of capturing and repurposing excess heat from industrial or energy-generating processes for other applications, such as heating buildings or generating additional electricity
The exploration and development of underground resources to harness geothermal energy for electricity generation and direct heating applications
A technology that removes carbon dioxide directly from the atmosphere using chemical processes, allowing for the sequestration or utilization of the captured CO2 to mitigate climate change
Carbon dioxide, a colorless, odorless gas that is naturally present in Earth’s atmosphere and is a critical greenhouse gas contributing to global warming and climate change. When we mention CO2, we implicitly refer to all greenhouse gases, such as methane (CH4), Nitrous Oxide (N2O), and fluorinated gases
Clean hydrogen refers to hydrogen produced without fossil fuels, either through electrolysis powered by renewable energy or extracted from naturally occurring underground sources.
