Ormat Commences Commercial Operation of Lower Rio Energy Storage Facility, Delivering 60MW/120MWH of Energy Storage Capacity

(NYSE:ORA) RENO, Nev., Sept. 02, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy company, today announced the successful commencement of commercial operations at its Lower Rio energy storage facility. This 60MW/120MWh Battery Energy Storage System (BESS), located in Texas, will provide energy and ancillary services under a seven-year tolling agreement.