Ormat gets PPA for Expanded Geothermal Capacity at Puna, Hawaii Ormat Technologies, a leading renewable energy company, has achieved a significant milestone in its mission to provide clean and sustainable power to Hawaii's Big Island. Recently, the Hawai’i Public Utilities Commission (HPUC) granted approval for amendments to the Power Purchase Agreement (PPA), enabling Ormat's subsidiary, Puna Geothermal Venture (PGV), to deliver an additional 8 MW of geothermal energy to the region. This expansion brings the total geothermal capacity at Puna to 46 MW, reinforcing Hawaii's commitment to renewable energy initiatives. The approval from HPUC comes on the heels of the successful completion of the Environmental Impact Statement (EIS) for PGV's operations in Puna, underscoring the company's dedication to environmental stewardship and compliance with regulatory standards. One of the key highlights of the newly revised PPA is the consolidation of two existing agreements int...
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