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Ormat Commences Commercial Operation of the 30MW CD4 Geothermal Project

Globe Newswire - Mon Jul 18, 2022

RENO, Nev., July 18, 2022 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal, energy storage, solar PV and recovered energy power company, today announced the commercial operation of the Casa Diablo-IV (“CD4”) 30 MW geothermal power plant. The CD4 facility provides 7 MW of geothermal power to two Community Choice Aggregators, Silicon Valley Clean Energy and Central Coast Community Energy, each under a 10-year power purchase agreement (“PPA”). In addition, the facility provides 16 MW of geothermal power to the Southern California Public Power Authority under a 25-year agreement.

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