Ormat's ESG acumen makes it a reputable company in USA

Ormat Corporation Recognized Among America's Responsible Companies for Environmental and Social Governance Excellence

In an era where corporate responsibility is becoming increasingly vital, Ormat Corporation stands out as a beacon of environmental and social governance (ESG) excellence, earning accolades as one of the responsible companies in America. This recognition not only reflects Ormat's commitment to sustainable business practices but also underscores the crucial role it plays in fostering positive change.

Ormat's dedication to environmental stewardship is evident in its renewable energy initiatives. As a leading geothermal energy company, Ormat has consistently prioritized clean and sustainable power generation. By harnessing the Earth's natural heat, the company minimizes its carbon footprint, contributing significantly to the reduction of greenhouse gas emissions.

Moreover, Ormat's Social Governance practices extend beyond environmental considerations. The company places a strong emphasis on fostering inclusive and diverse workplaces. Through initiatives that promote equal opportunities and diversity, Ormat creates an environment where employees feel valued and empowered. This commitment to social responsibility extends to the communities where Ormat operates, with the company actively engaging in philanthropic endeavors and community development projects.

Ormat's recognition as one of America's responsible companies is not solely based on its operational practices; it is deeply rooted in the company's ethos. Ormat understands that responsible business is not only about profitability but also about making a positive impact on society and the environment.

The company's transparency and accountability further distinguish it in the realm of ESG. Ormat consistently discloses relevant information regarding its environmental and social performance, allowing stakeholders to assess its impact and progress. This transparency builds trust with investors, customers, and the wider community, establishing Ormat as a model for other corporations to follow.

As businesses across industries face increasing scrutiny for their environmental and social practices, Ormat's recognition serves as a testament to the feasibility of aligning business goals with sustainability. The company demonstrates that profitability and responsible business practices are not mutually exclusive but can, in fact, reinforce each other.

In conclusion, Ormat Corporation's recognition as one of America's responsible companies is well-deserved. Through its unwavering commitment to environmental and social governance, Ormat exemplifies the positive influence that corporations can have on the world. As the business landscape continues to evolve, Ormat stands as a shining example of how companies can thrive while contributing to a more sustainable and equitable future.

Comments

Amsterdam Strikes Geothermal Gold: Hot, Thick, Permeable Reservoir Confirmed

Breakthrough Beneath the Beach: Amsterdam Region Hits Geothermal Paydirt at Strandeiland By: Robert Buluma The Netherlands just took a giant leap toward fossil-free heating. On the artificial island of Strandeiland (part of Amsterdam’s fast-growing IJburg district), the SCAN exploration well has officially confirmed what the geothermal community has been hoping for: a thick, hot, and , most importantly permeable reservoir in the Slochteren Formation. Key numbers that matter: Reservoir thickness: 152 meters Bottom-hole temperature: 66 °C Permeability: confirmed via successful production and injection tests That’s not screaming-hot by Icelandic standards, but for direct-use district heating in one of Europe’s densest urban areas, 66 °C is more than enough to supply thousands of homes with clean, baseload heat – forever. Why This Well Changes Everything for the Netherlands The Dutch government launched the SCAN program (Seismic Campaign Nethe...

Zanskar’s Big Blind: First Blind Geothermal Discovery in 30 Years

Big Blind: The Geothermal Discovery That Changes Everything By: Robert Buluma Utah startup Zanskar Geothermal quietly dropped one of the most important announcements in American energy in decades. They discovered and confirmed “Big Blind” ,the first completely blind, commercial-grade geothermal system found in the United States in over thirty years. Let that sink in. No hot springs. No fumaroles. No steaming ground. No prior wells. Zero surface expression whatsoever. Just desert, sagebrush, and – 7,000 feet below, a reservoir hot enough and permeable enough to support gigawatt-scale power production. This isn’t incremental progress. This is a paradigm breaker. Why “Blind” Discoveries Matter So Much For the last 40 years, geothermal development in the U.S. has been geographically handcuffed. You could only build plants where nature advertised the resource on the surface – think Yellowstone, The Geysers, or Imperial Valley. Ever...

Hawaii’s Underground Secret to Cheaper, Greener Cooling Revealed

Unlocking Hawaii’s Hidden Cooling Power: New Report Reveals Huge Potential for Geothermal Cooling on Oahu (2025) By: Robert Buluma Could the same volcanic islands that give Hawaii its famous heat also provide the solution to cool its buildings , without crushing the electric grid? A groundbreaking new report released December 8, 2025, by the University of Hawaiʻi at Mānoa (UHM) and Lawrence Berkeley National Laboratory (LBNL) says the answer is a resounding yes. Shallow geothermal heat exchangers (GHEs) , also known as geothermal heat pumps or ground-source heat pumps ,could dramatically cut cooling costs and electricity demand across Oahu, especially for large buildings like schools, military bases, and university facilities. Here’s everything you need to know about this exciting development in Hawaii geothermal cooling technology. Why Hawaii Is Perfectly Suited for Geothermal Cooling Most of the world uses geothermal heat pumps for heating in cold climates. Hawaii ...

UGM Pioneers Geothermal Cooling: A Game-Changer for Sustainable Campus Buildings in Indonesia

Harnessing the Earth's Hidden Fire: UGM's Revolutionary Leap into Geothermal Cooling for a Cooler, Greener Indonesia Posted on December 14, 2025 | By Robert Buluma Picture this: It's a blistering afternoon in Jakarta, the kind where the humidity clings to your skin like a second layer, and the air conditioner hums relentlessly, devouring electricity powered by distant coal plants. The planet warms, sea levels rise, and our energy bills skyrocket. But what if the solution to cooling our cities lay not in the sky's fickle sun or the wind's whisper, but deep beneath our feet,in the simmering heat of the Earth itself? This isn't science fiction; it's the bold vision being championed by Universitas Gadjah Mada (UGM), Indonesia's premier academic powerhouse, as they ignite a geothermal revolution for building cooling systems. In a move that's as groundbreaking as it is timely, UGM is spearheading the transition to clean energy by tapping into Indonesia...

Eavor’s Geretsried Closed-Loop Geothermal Plant Now Powers the Grid

Eavor Technologies Achieves Historic Milestone: World’s First Commercial-Scale Closed-Loop Geothermal System Now Delivering Power in Geretsried, Germany Published: December 2025 By: Robert Buluma The Day Geothermal Changed Forever On a crisp Bavarian morning in late 2025, a quiet revolution in clean energy officially went live. Eavor Technologies Inc ., the Calgary-based pioneer of closed-loop geothermal technology, announced that its flagship commercial project in Geretsried, Germany has begun delivering power to the grid becoming the world’s first utility-scale multilateral closed-loop geothermal system to achieve commercial operation. For anyone who has followed the geothermal sector for the last decade, this is nothing short of seismic (pun intended). What Makes Eavor’s Closed-Loop System Truly Disruptive? Traditional geothermal plants rely on naturally occurring hot water reservoirs or enhanced geothermal systems (EGS) that require hydraulic fracturing and massiv...

Strataphy and Baker Hughes Partner to Accelerate Geothermal Cooling in Saudi Arabia

Strataphy and Baker Hughes Forge Strategic Alliance to Accelerate Geothermal Cooling and Saudi Arabia’s Energy Transition By: Robert Buluma Saudi Arabia’s journey toward a low-carbon, diversified energy future has taken a decisive step forward with the signing of a strategic Memorandum of Understanding (MoU) between Strataphy and global energy technology leader Baker Hughes. Announced in Khobar in December 2025, the partnership signals a powerful convergence of deep-tech innovation and industrial-scale execution,aimed squarely at accelerating geothermal cooling and advancing the Kingdom’s broader energy transition agenda. At a time when cooling demand is surging across the Middle East,driven by rapid urbanization, giga-projects, data centers, and industrial expansion,this collaboration positions geothermal energy not merely as an alternative, but as a cornerstone technology for sustainable infrastructure in Saudi Arabia. A Landmark Agreement with Strategic Implications Under the MoU,...

Taiwan Drills 4,000m in Yilan, Unlocks Deep Geothermal Power

Breakthrough in Taiwan’s Deep Geothermal Energy: Academia Sinica and CPC Corporation Drill Nearly 4,000 Meters in Yilan and Find High-Potential Reservoir Published: December 10, 2025 By: Robert Buluma In a historic milestone for Taiwan’s renewable energy journey, Academia Sinica (Central Research Academy) and Taiwan’s state-owned CPC Corporation have successfully completed the island’s first-ever “deep geothermal exploratory well” in Yuanshan Township, Yilan County. The well reached a depth of nearly 4,000 meters, recorded a bottom-hole temperature close to 150 °C, and confirmed the existence of an upwelling heat source beneath the northern Yilan Plain. Researchers are now calling it a “high-potential geothermal reservoir” that could become a cornerstone of Taiwan’s green energy transition. From Anxiety to Excitement: The Temperature Surprise Dr. Ji-Chen Lee (李建成), principal investigator of the “Taiwan Geothermal Research and Technology Development Project” and researcher a...

Potsdam Goes Deep: How an All-Electric Drilling Rig Is Turning the City’s Heating Completely Fossil-Free

Revolutionizing Urban Heating: UGS GmbH's Pioneering Geothermal Project in Potsdam By: Robert Buluma In the heart of Germany’s energy transition, a quiet but powerful revolution is taking place in Potsdam. UGS GmbH, a German subsidiary of the French energy storage specialist Geostock, has begun a landmark geothermal project that could redefine how entire cities stay warm in winter ,without burning a single drop of oil or cubic meter of gas. The project, awarded by the local utility Energie und Wasser Potsdam GmbH (EWP), focuses on the former site of the HKW Süd combined heat and power plant in southern Potsdam. The goal is ambitious: replace the aging gas-fired plant with deep geothermal energy and other renewables, eventually supplying tens of thousands of households with completely CO₂-free district heating. At the center of this transformation stands a piece of machinery that looks like something from the future: UGS’s fully modernized, all-electric drilling rig “Rig 110”. After...

Europe’s Underground Energy Revolution: EGEC Demands 250 GW Geothermal by 2040

Europe’s Geothermal Revolution Is Coming: EGEC Demands a 250 GW Target by 2040 – Here’s Why 2026 Will Be Make-or-Break By: Robert Buluma Published: December 9, 2025 On 5 December 2025, the European Geothermal Energy Council (EGEC) dropped a bombshell policy paper with a crystal-clear message to Brussels: Europe is sleeping on the biggest indigenous, baseload, 24/7 renewable energy source under its feet , and it’s time to wake up. Titled ,The European Geothermal Strategy and Action Plan , Making Europe competitive, secure and affordable, the document is the strongest industry call yet for the European Commission to publish a dedicated European Geothermal Strategy and Action Plan in Q1 2026. And the ambition is massive: 250 GW of installed geothermal capacity by 2040 a six-fold increase from today’s ~44 GW (mostly district heating and a handful of power plants). Why Now? Because Europe Can No Longer Afford to Wait Since Russia’s invasion of Ukraine, Europe has been laser-focu...

How the Constellation–Calpine Merger Pushed Geothermal Into the Baseload Spotlight

Constellation–Calpine Merger: Why Geothermal and Firm Clean Power Now Matter More Than Ever By: Robert Buluma The U.S. electricity sector is entering a defining moment, one where scale, regulatory scrutiny, and the search for firm clean power, are converging. The approval of Constellation’s $26.6 billion acquisition of Calpine is not just a headline-grabbing merger; it is a powerful signal about the future structure of power markets and the growing strategic value of geothermal energy and other always-on renewables. As federal regulators force divestments, allow unprecedented scale, and reassert antitrust authority, one question becomes unavoidable: **where does geothermal fit in a power system increasingly dominated by mega-utilities? The Deal,and Why It Matters for Clean Baseload To close the acquisition, Constellation agreed to divest six power plants and a minority stake in a seventh across Texas, Pennsylvania, and Delaware. These concessions were demanded by federal regulators c...

Search This Blog