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Ormat Technologies Testing 'Revolutionary' High Output Geothermal Power Generator

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US geothermal energy company Ormat Technologies (ORA) has designed what it says is a "revolutionary" power generation unit that makes use of geothermal heat, it said on Monday.

Its Ormega100 design delivers higher energy output than other binary systems on the market and offers the company "an accelerated opportunity" to commercialize and scale its enhanced geothermal developments, it said.

The company said the technology's development would enable it to do more in a power market that is seeing rapid growth in demand, creating "an opportunity unlike any we have seen before," CEO Doron Blachar was quoted as saying in the statement.

In an interview with Reuters, Blachar said the design would make it the largest geothermal power production system of its kind, producing twice as much as the company's current largest system and that the design was now at the testing stage, with interest among data center developers.

The company entered into a deal in the last year for long-term supply of geothermal energy to Google, the Reuters article said.

It explained that the Ormega100 would inject water 1.5 miles into the ground to capture heat, much deeper than conventional geothermal systems.

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Commodities

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