Ormat Technologies: The Undisputed Leader in Indonesia's Geothermal Concessions – Spotlight on the Telaga Ranu Victor
Ormat Technologies : Why It Remains the Go-To Choice for Geothermal Concessions in Indonesia Spotlight on the Latest Telaga Ranu Award By: Robert Buluma Posted on January 17, 2026 by Alphaxioms Geothermal News Indonesia, with its vast volcanic landscape, holds one of the world's largest untapped geothermal potentials, estimated at around 28,000 MW. The government has been aggressively pushing for geothermal development as part of its energy transition, aiming to replace diesel-based power with reliable, baseload renewable energy. In this competitive arena, Ormat Technologies, Inc. (NYSE: ORA) consistently emerges as the preferred partner for major concessions and projects. On January 15, 2026, Ormat announced it was awarded the Telaga Ranu Geothermal Working Area in Halmahera, North Maluku, by Indonesia's Ministry of Energy and Mineral Resources. This came after a competitive tender involving four qualified bidders, including major players like PT Pertamina Geothermal Energy an...