Ormat Technologies Inc. (NYSE: ORA) announced the launch of its Ormega100 surface power generation unit, designed to deliver 100 MW of output in a single unit. The company described the technology as the industry's largest binary unit, engineered for high-temperature Enhanced Geothermal System environments.

The Reno, Nevada-based geothermal company operates approximately 1,835 MW connected to transmission and holds approximately 400,000 acres of developable geothermal leases across six states. Ormat's current generating portfolio includes 1,340 MW of geothermal and solar generation across the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, plus a 495 MW energy storage portfolio in the U.S.

"Rapidly rising electricity demand and our decades of proven operations create an opportunity unlike any we have seen before," said Doron Blachar, Chief Executive Officer of Ormat. "Our EGS developments, combined with the introduction of the Ormega100 surface power generation unit, position Ormat to deliver geothermal energy as a core solution for the evolving global energy economy."

The company is advancing two strategic pilot programs that combine its industrial capabilities with Enhanced Geothermal System technologies. Ormat has established contracts with data centers and load-serving entities in the western United States.

Ormat designs, manufactures and operates geothermal power plants based on its Ormat Energy Converter technology, which converts low-, medium- and high-temperature heat into electricity. The company has engineered and constructed power plants totaling approximately 3,600 MW of gross capacity worldwide.

Information in this article is based on a company press release.