ALPHAXIOMS Geothermal News & Energy Research

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...

Switch's Bold Move: Signing a 13MW Geothermal PPA with Ormat Technologies in Nevada – A Game-Changer for Sustainable Data Centers Image: Ormat Power Plant Posted by Alphaxioms Geothermal News on January 12, 2026 Welcome back to Alphaxioms Geothermal News, your go-to source for all things geothermal energy, innovation, and sustainability. As we kick off 2026, the intersection of renewable energy and high-tech industries is heating up—literally. Today, we're diving deep into a groundbreaking announcement that's set to reshape how data centers power their operations. Global data center operator Switch has inked a 20-year Power Purchase Agreement (PPA) with Ormat Technologies for 13MW of geothermal power from the Salt Wells geothermal power plant in Nevada. This isn't just another deal; it's a pivotal step toward carbon-free, reliable energy for the AI-driven future. In this comprehensive blog post, we'll unpack the details of this agreement, explore the technolog...

Archi Indonesia and Ormat Form Powerful Geothermal Joint Venture: A 40 MW Vision That Could Redefine North Sulawesi’s Energy Future By: Robert Buluma In a decisive move that signals Indonesia’s accelerating transition toward renewable energy, Archi Indonesia (ARCI ) —one of the country’s largest pure-play gold mining companies—has joined forces with global geothermal powerhouse Ormat Technologies . Their new joint venture, PT Toka Tindung Geothermal (TTG) , aims to deliver a 40-megawatt geothermal power plant within ARCI’s mining concession in North Sulawesi. The partnership is more than a business deal. It represents a strategic realignment in Indonesia’s energy landscape, a recalibration of ARCI’s identity, and a major step forward for geothermal development in Southeast Asia. Below is a deep, comprehensive look at what this collaboration means, what it could unlock, and why it deserves the attention of every energy observer today. A Bold Partnership: ARCI Holds 5%, Ormat Lead...

🌋 Powering the Future:  Ormat's Crescent Valley Geothermal Development Project Secures Green Light in Nevada 🌱⚡ By  Robert Buluma In a major stride for clean energy advancement, the U.S. Bureau of Land Management (BLM) has completed its environmental assessment and officially approved the Crescent Valley Geothermal Development Project spearheaded by Ormat  Nevada, Inc. This landmark decision—reached on July 16, 2025 —unlocks the potential to generate 30 megawatts of geothermal power from the heart of Crescent Valley , situated between Eureka and Lander Counties in Nevada . 🔍 Project Snapshot Project Name: Crescent Valley Geothermal Development Project Developer:   Ormat Nevada, Inc. Facility Size: ~30 MW (net rated) geothermal power plant Project Footprint: ~2,066 acres on public and private lands Location: Crescent Valley, Battle Mountain, NV (Zip: 89821 & 89820) NEPA Status: Completed Environmental Assessment (DOI-BLM-NV-E020-2025-0010-EA...

Ormat Technologies Acquires Blue Mountain Geothermal Power Plant for $88 Million Strategic Expansion in the U.S. Geothermal Energy Market By: Robert Buluma In a significant move poised to strengthen its foothold in the U.S. renewable energy sector, Ormat Technologies Inc. has announced the acquisition of the Blue Mountain geothermal power plant located in Humboldt County, Nevada . This 20 MW facility, formerly owned by Cyrq Energy , was acquired for USD 88 million , marking a strategic milestone in Ormat's ongoing growth strategy. This acquisition demonstrates Ormat’s commitment to bolstering its geothermal energy portfolio in the United States while contributing to the nation's clean energy goals. The Blue Mountain geothermal project not only adds capacity to Ormat’s existing generation assets but also sets the stage for further technological and operational enhancements.  Overview of the Blue Mountain Geothermal Power Plant The Blue Mountain facility, originally commis...