Ormat Technologies Secures Landmark 150 MW Geothermal PPA with NV Energy to Power Google's Nevada Data Centers
The press release from Ormat Technologies dated February 17, 2026, announces a major deal: a long-term geothermal Power Purchase Agreement (PPA) with NV Energy to deliver up to 150 MW of new geothermal capacity specifically to support Google's data center operations in Nevada. This agreement, facilitated through NV Energy's Clean Transition Tariff (CTT), is pending approval from the Public Utilities Commission of Nevada (PUCN), anticipated in the second half of 2026. In a significant step forward for renewable energy and the tech industry's sustainability goals, Ormat Technologies Inc. (NYSE: ORA) , a leading vertically integrated geothermal and renewable energy company, has signed a portfolio Power Purchase Agreement (PPA) that could deliver up to 150 megawatts (MW) of clean, reliable geothermal power to support Google's data centers in Nevada. Announced on February 17, 2026, this long-term contract marks a pivotal moment in addressing the surging electricity deman...