Saturday, August 22
Boursel
Latest
Economy Ormat spent 60 years drilling for steam. Now the buyers are hyperscalersCompanies The best S&P 500 returns of the AI era belong to air conditioning companiesTech China's robot games are a hardware test, and the hard part is still picking up a beadMarkets Japan intervened to stop the yen falling, and Washington called it friendshipMarkets Moderna added $44 billion in market value on a cancer result that has not been publishedEconomy Washington puts 50% tariffs on $20 billion of Canadian goods, four days after pausing themMarkets Everyone is talking about debasement. The bond market says inflation expectations are 2.3%Tech Nvidia is now buying the electricity supply for the customers who buy its chipsEconomy Ormat spent 60 years drilling for steam. Now the buyers are hyperscalersCompanies The best S&P 500 returns of the AI era belong to air conditioning companiesTech China's robot games are a hardware test, and the hard part is still picking up a beadMarkets Japan intervened to stop the yen falling, and Washington called it friendshipMarkets Moderna added $44 billion in market value on a cancer result that has not been publishedEconomy Washington puts 50% tariffs on $20 billion of Canadian goods, four days after pausing themMarkets Everyone is talking about debasement. The bond market says inflation expectations are 2.3%Tech Nvidia is now buying the electricity supply for the customers who buy its chips

Topic: ormat

A geothermal power plant in the United States
New Economy
Saturday, 8/22, 06:52 AM

Ormat spent 60 years drilling for steam. Now the buyers are hyperscalers

  • Ormat runs 1.85 gigawatts of geothermal capacity and wants 2.8 gigawatts by 2028.
  • First-half revenue was $662.7 million, up 43%.
  • The reason is that a data center needs power that never stops, geothermal is one of the few zero-carbon sources that delivers it, and the scarcity of firm supply is now setting the price.

ormat — news and stories on this topic

This page collects all of Boursel's coverage of ormat. Follow the topic from one place: new stories appear here automatically as more is published. That way you stay on top of how the situation develops.

Looking for the bigger picture? Browse markets, the economy, companies and crypto, or head back to the front page for the day's top stories.