Ormat Technologies (ORA) announced it has successfully secured 1,678 acres in Utah’s Bureau of Land Management, BLM, Auction. These lease acquisitions will significantly support Ormat’s ongoing operations and development projects in the state, further strengthening the company’s commitment to advancing renewable energy solutions and meeting Utah’s increasing demand for sustainable energy. “We believe the parcels we targeted and successfully won have a high probability of success that will support our short- and long-term growth plans in the U.S.,” said Doron Blachar, CEO of Ormat Technologies. “This marks a significant milestone in our efforts to harness geothermal energy and contribute to a sustainable and low carbon future. Our team is dedicated to exploring and developing these resources to their fullest potential, providing reliable and eco-friendly energy to the people of Utah.”
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