Get'n Me A Real Tax Cut: Circularnomics
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February 7th, 2022
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Introduction
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Today
Next
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February 7th, 2022
Add Info
About
Introduction

We generate electricity from 100% renewable sources – hydro, geothermal, and soon wind. We also sell electricity to our customers through our retail brands – Mercury and GLOBUG.

We’re listed on the New Zealand Stock Exchange and the Australian Stock Exchange with foreign exempt listed status. We’re listed on both exchanges with the ticker symbol ‘MCY’. The New Zealand Government (the Crown) holds a legislated 51% shareholding in the Company.

Mercury NZ Limited is a New Zealand electricity generation and electricity retailing company. All of the company's electricity generation is renewable.   

Mercury operates 17 power stations. In total the company has 1777 MW of generating capacity – composed of 1077 MW hydroelectric, 467 MW geothermal and 233 MW wind.

Mercury is the most widely-owned business in New Zealand with core strengths in harnessing renewable energy and innovating for our customers. We're thinking boldly about the future and how we can use energy in wonderful ways to inspire Kiwis, creating a brighter future for our country and growing value for our owners.

Mercury NZ Limited is listed on the New Zealand Stock Exchange and Australian Stock Exchange with the ticker symbol ‘MCY’. The New Zealand Government (Crown) holds a legislated 51% shareholding in the Company.

Today
Next
Previous
February 7th, 2022
Add Info
About
Introduction

At Ormat Technologies, Inc. (NYSE: ORA), we’re always on; delivering renewable power and energy solutions to our customers around the clock and around the world.

Clean, reliable energy solutions provided from geothermal, recovered energy, as well as energy management and storage solutions, is our expertise, commitment and focus.

Built on ingenuity and proven experience, Ormat is recognized globally for developing state-of-the-art, environmentally sound power solutions.

We design, build and supply power generating equipment for our customers’ geothermal and recovered energy power plants in 30 countries. We understand our customers’ operating challenges, because we are operators too. As a geothermal industry leader, we’ve gained global expertise in exploring, developing, designing, manufacturing, building, owning and operating geothermal power plants in Kenya, Guadalupe, Guatemala, Honduras and the United States.

Our vertically integrated structure enables us to leverage our renewable energy expertise, our core capabilities, and our global experience to supply and develop geothermal, recovered energy, and energy management and storage solutions.

Ormat was established in 1965 by the Bronicki family, who shared a bold vision to export breakthrough technology in the renewable energy sector.

At that time, Ormat was primarily known as a pioneer of proprietary turbine designs, capable of generating electricity from low enthalpy energy resources. In its early years, Ormat focused exclusively on manufacturing power generation equipment

In the 1970s, Ormat expanded its technology and expertise in the Remote Power Unit (RPU) sector, providing RPUs for clients requiring reliable power generation in remote operating conditions. One of Ormat’s first RPU clients was the Trans-Alaska Pipeline project.

In the 1980s and throughout the 1990s, Ormat focused its growing renewable energy expertise on the geothermal industry. We developed Wabuska, a 2 MW geothermal power plant in Nevada, USA; our very first geothermal facility. This was followed in rapid succession by a series of major geothermal power plant acquisitions and developments, largely concentrated in Nevada and California, USA, which vaulted Ormat into the position of that country’s second largest geothermal power producer. The Integrated Two-Level Unit (ITLU) was a vital development in maximizing the thermodynamic efficiencies of lower-temperature resources. The patented ITLU design revolutionized the industry and, to this day, separates Ormat from the rest.

In 1982, Ormat developed the Solar Pond Power Plant – an experimental project to pilot the development of solar energy production.

Throughout the 1980s, Ormat developed its state-of-the-art Recovered Energy Generation (REG) power plant solutions, which utilize waste heat to create power, fully exploiting the energy potential found in different industrial processes, or gas compressor stations – converting unused heat into clean, emission-free, fuel-free electricity.

The 1990s were focused on positioning ourselves as a developer of geothermal power plants through technological advancement and continued supply of equipment worldwide. The first development was the 50 MW Leyte Optimization project in the Philippines under a BOT for 10 years starting in 1998. The inception of the Olkaria III complex with the 8 MW early generation in Kenya was the first stage in what is now a 140 MW complex.

In the 2000s we continued to grow in geothermal through the acquisition of geothermal assets in the US, increasing the total plants sold and reaching a total of 1300 MW in plants sold in 2010.

In 2004, Ormat completed an initial public offering on the New York Stock Exchange (ORA). Headquartered in Reno, Nevada, this transition to a public company enabled continued growth, expansion of our capabilities and the opportunity to participate in a wider variety of global power projects.

In 2006, Ormat entered Turkey, delivering our first geothermal power plant, the DORA 1, with a capacity of 7.4 MW. Turkey is one of the world’s fastest growing geothermal energy markets and our presence here has grown significantly, with 900 MW of capacity across over 40 geothermal power plants now operating in the country. This is more than half of Turkey’s total geothermal operating capacity.

Ormat’s leadership in the Recovered Energy Generation business expanded with the completion of the OREG project along the US Northern Border natural gas pipeline. From 2006 through 2009, Ormat built and installed a series of REG power plants that convert waste heat from gas turbine compressors into electricity, delivering 53 MW of generating capacity.

In 2013, the world’s largest single binary geothermal power plant – the Ngatamariki in New Zealand – began commercial operations.  Ormat provided the engineering, procurement and construction for the 100 MW geothermal project that delivers sustainable energy to power 80,000 homes annually.

In 2017, Honduras’ first utility-scale geothermal facility – the 35 MW Platanares power plant – was commissioned for commercial operation.  Honduran President Juan Orlando Hernández participated in the official opening ceremonies in September and reiterated the country’s goal of generating 80 percent of its energy from renewable sources by 2032.

In May 2018, Ormat announced that NIL 2, the third unit of the Sarulla geothermal power plant in North Sumatra, Indonesia, began commercial operation, bringing the three-facility complex to its full capacity of 330 MW.  This places Sarulla among the world’s largest geothermal power plants.  Each of the three 110 MW units uses both steam and brine from the geothermal resource to optimize power plant efficiency.  The facility’s other two units began operating in March and October 2017 respectively.

Kenya’s Olkaria III complex is a prime example of Ormat’s strategic, well-coordinated approach to maximizing the value of geothermal resources. In 2018, Ormat commissioned the latest addition to this geothermal power plant, vaulting its capacity to 150 MW. The complex’s first 8 MW facility started up in 2000 and over 18 years, Ormat continued to expand Olkaria III, adding new plants and building capacity.

Through every decade, Ormat has continued to make major strides forward in the geothermal energy and recovered energy industries.  In the past several years, we’ve continued pursuing innovation in energy management, storage and demand response solutions; fields where we again show our strength as a vertically integrated solution provider.

Since Ormat began, our strong values have guided and shaped the way we work, our relationships with employees, clients, communities and other stakeholders, and the level of professionalism and spirit of innovation that accompanies every renewable power product and service we offer.

As a developer, operator and manufacturer of geothermal energy and recovered energy equipment, Ormat understands customer needs and creates field-proven solutions. Albert Einstein said, “The only source of knowledge is experience.” Our vast experience and constant feedback through both in-house and industry operations and applications has given us a full tool belt that our competitors don’t have.

Renewable energy and a vision for a cleaner, sustainable future have taken us this far – and we believe that our vision, capabilities and expertise will enable Ormat to flourish for ge­­nerations.

ORMAT IS AN EARTH-FIRST COMPANY

Ormat has been generating power in a sustainable manner from the start, offering different types of power generating solutions all of which are green solutions - geothermal, solar, recovered energy generation, or storage – which deliver peace of mind and make a difference worldwide.

Green Power Plants

In geothermal we apply the world’s most advanced technologies to harness the power contained in the geothermal fluids that flow in the molten interior of the earth’s crust. We convert earth-bound energy from heat to electrical energy, while preserving the integrity and prolonging the life cycles of the geothermal reservoirs we drill. Geothermal energy provides base load electricity 24/7. It’s highly reliable, flexible, produces no NOx emissions and virtually no CO2 emissions.

Recovered energy generation is another critical part of our sustainable energy portfolio – a sector that provides vital, self-generating power, which produces electricity with zero emissions and without added fuel consumption.

All of these energy options do not involve the production or burning of fossil fuels and encourage a future where fossil fuels are no longer necessary. We are working to ensure that Ormat remains at the forefront of the renewable energy sector, because we see a fossil-free future on the horizon.

Today
Next
Previous
February 7th, 2022
Add Info
About
Introduction

Climeon is a Swedish product company within energy technology. The company’s unique technology for geothermal heat power - Heat Power - makes a large untapped energy resource available and provides sustainable electricity around the clock all year round. Heat Power is a cheap and renewable energy source with the potential of replacing much of the energy that comes from coal, nuclear, oil and gas, today.

Climeon is active within two subdivisions of the market for the baseload energy source heat power: geothermal heat power and industrial heat power. Geothermal heat power utilizes heat from within the earth as an energy source whereas industrial heat power utilizes heat that is generated as a by-product in industrial processes. 

THE TECHNOLOGY

The Climeon module is based on ORC technology, which in short means using a hot source – high pressure – and a cold source – low pressure – to drive a flow that generates electricity.

Each module consists of:

  • Evaporator that transfers heat to the internal working fluid
  • Turbine-generator package for conversion of thermal energy to electricity
  • Cooling system that transfers heat out of the module to the cooling water circuit

Climeon is a clean-tech vendor, providing a technology that uses the energy in waste heat from industries and low-temperature geothermal heat to generate electricity. The company received its first order in 2015 and has since then established a global customer base within maritime and industrial waste heat recovery and geothermal heat power. The product is protected by patents and offers market-leading performance within its areas of application.

Waste heat and geothermal energy (below 120°C) jointly comprise a vast energy source that is largely untapped today due to limitations of existing technologies. Climeon's product is one of the first waste heat recovery system which is able to utilize this previously unexploited source of energy to efficiently produce electricity.

We take an active stand to combat climate change. We have strict requirements on our own sustainability, social responsibility, environmental work and take an ethical stand towards our vendors and collaboration partners. Sustainability is a key factor in our development process of new products and services, and fully integrated in our organization. We will actively work to prevent the social damaging in connection to our organization. Climeon should have a transparent organizational structure that lives up to the national and international standards for ESG and operational management.

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Available to Members
Today
Next
Previous
February 7th, 2022
Add Info
About
Introduction
Today
Next
Previous
February 7th, 2022
Add Info
About
Introduction

We generate electricity from 100% renewable sources – hydro, geothermal, and soon wind. We also sell electricity to our customers through our retail brands – Mercury and GLOBUG.

We’re listed on the New Zealand Stock Exchange and the Australian Stock Exchange with foreign exempt listed status. We’re listed on both exchanges with the ticker symbol ‘MCY’. The New Zealand Government (the Crown) holds a legislated 51% shareholding in the Company.

Mercury NZ Limited is a New Zealand electricity generation and electricity retailing company. All of the company's electricity generation is renewable.   

Mercury operates 17 power stations. In total the company has 1777 MW of generating capacity – composed of 1077 MW hydroelectric, 467 MW geothermal and 233 MW wind.

Mercury is the most widely-owned business in New Zealand with core strengths in harnessing renewable energy and innovating for our customers. We're thinking boldly about the future and how we can use energy in wonderful ways to inspire Kiwis, creating a brighter future for our country and growing value for our owners.

Mercury NZ Limited is listed on the New Zealand Stock Exchange and Australian Stock Exchange with the ticker symbol ‘MCY’. The New Zealand Government (Crown) holds a legislated 51% shareholding in the Company.

Today
Next
Previous
February 7th, 2022
Add Info
About
Introduction

At Ormat Technologies, Inc. (NYSE: ORA), we’re always on; delivering renewable power and energy solutions to our customers around the clock and around the world.

Clean, reliable energy solutions provided from geothermal, recovered energy, as well as energy management and storage solutions, is our expertise, commitment and focus.

Built on ingenuity and proven experience, Ormat is recognized globally for developing state-of-the-art, environmentally sound power solutions.

We design, build and supply power generating equipment for our customers’ geothermal and recovered energy power plants in 30 countries. We understand our customers’ operating challenges, because we are operators too. As a geothermal industry leader, we’ve gained global expertise in exploring, developing, designing, manufacturing, building, owning and operating geothermal power plants in Kenya, Guadalupe, Guatemala, Honduras and the United States.

Our vertically integrated structure enables us to leverage our renewable energy expertise, our core capabilities, and our global experience to supply and develop geothermal, recovered energy, and energy management and storage solutions.

Ormat was established in 1965 by the Bronicki family, who shared a bold vision to export breakthrough technology in the renewable energy sector.

At that time, Ormat was primarily known as a pioneer of proprietary turbine designs, capable of generating electricity from low enthalpy energy resources. In its early years, Ormat focused exclusively on manufacturing power generation equipment

In the 1970s, Ormat expanded its technology and expertise in the Remote Power Unit (RPU) sector, providing RPUs for clients requiring reliable power generation in remote operating conditions. One of Ormat’s first RPU clients was the Trans-Alaska Pipeline project.

In the 1980s and throughout the 1990s, Ormat focused its growing renewable energy expertise on the geothermal industry. We developed Wabuska, a 2 MW geothermal power plant in Nevada, USA; our very first geothermal facility. This was followed in rapid succession by a series of major geothermal power plant acquisitions and developments, largely concentrated in Nevada and California, USA, which vaulted Ormat into the position of that country’s second largest geothermal power producer. The Integrated Two-Level Unit (ITLU) was a vital development in maximizing the thermodynamic efficiencies of lower-temperature resources. The patented ITLU design revolutionized the industry and, to this day, separates Ormat from the rest.

In 1982, Ormat developed the Solar Pond Power Plant – an experimental project to pilot the development of solar energy production.

Throughout the 1980s, Ormat developed its state-of-the-art Recovered Energy Generation (REG) power plant solutions, which utilize waste heat to create power, fully exploiting the energy potential found in different industrial processes, or gas compressor stations – converting unused heat into clean, emission-free, fuel-free electricity.

The 1990s were focused on positioning ourselves as a developer of geothermal power plants through technological advancement and continued supply of equipment worldwide. The first development was the 50 MW Leyte Optimization project in the Philippines under a BOT for 10 years starting in 1998. The inception of the Olkaria III complex with the 8 MW early generation in Kenya was the first stage in what is now a 140 MW complex.

In the 2000s we continued to grow in geothermal through the acquisition of geothermal assets in the US, increasing the total plants sold and reaching a total of 1300 MW in plants sold in 2010.

In 2004, Ormat completed an initial public offering on the New York Stock Exchange (ORA). Headquartered in Reno, Nevada, this transition to a public company enabled continued growth, expansion of our capabilities and the opportunity to participate in a wider variety of global power projects.

In 2006, Ormat entered Turkey, delivering our first geothermal power plant, the DORA 1, with a capacity of 7.4 MW. Turkey is one of the world’s fastest growing geothermal energy markets and our presence here has grown significantly, with 900 MW of capacity across over 40 geothermal power plants now operating in the country. This is more than half of Turkey’s total geothermal operating capacity.

Ormat’s leadership in the Recovered Energy Generation business expanded with the completion of the OREG project along the US Northern Border natural gas pipeline. From 2006 through 2009, Ormat built and installed a series of REG power plants that convert waste heat from gas turbine compressors into electricity, delivering 53 MW of generating capacity.

In 2013, the world’s largest single binary geothermal power plant – the Ngatamariki in New Zealand – began commercial operations.  Ormat provided the engineering, procurement and construction for the 100 MW geothermal project that delivers sustainable energy to power 80,000 homes annually.

In 2017, Honduras’ first utility-scale geothermal facility – the 35 MW Platanares power plant – was commissioned for commercial operation.  Honduran President Juan Orlando Hernández participated in the official opening ceremonies in September and reiterated the country’s goal of generating 80 percent of its energy from renewable sources by 2032.

In May 2018, Ormat announced that NIL 2, the third unit of the Sarulla geothermal power plant in North Sumatra, Indonesia, began commercial operation, bringing the three-facility complex to its full capacity of 330 MW.  This places Sarulla among the world’s largest geothermal power plants.  Each of the three 110 MW units uses both steam and brine from the geothermal resource to optimize power plant efficiency.  The facility’s other two units began operating in March and October 2017 respectively.

Kenya’s Olkaria III complex is a prime example of Ormat’s strategic, well-coordinated approach to maximizing the value of geothermal resources. In 2018, Ormat commissioned the latest addition to this geothermal power plant, vaulting its capacity to 150 MW. The complex’s first 8 MW facility started up in 2000 and over 18 years, Ormat continued to expand Olkaria III, adding new plants and building capacity.

Through every decade, Ormat has continued to make major strides forward in the geothermal energy and recovered energy industries.  In the past several years, we’ve continued pursuing innovation in energy management, storage and demand response solutions; fields where we again show our strength as a vertically integrated solution provider.

Since Ormat began, our strong values have guided and shaped the way we work, our relationships with employees, clients, communities and other stakeholders, and the level of professionalism and spirit of innovation that accompanies every renewable power product and service we offer.

As a developer, operator and manufacturer of geothermal energy and recovered energy equipment, Ormat understands customer needs and creates field-proven solutions. Albert Einstein said, “The only source of knowledge is experience.” Our vast experience and constant feedback through both in-house and industry operations and applications has given us a full tool belt that our competitors don’t have.

Renewable energy and a vision for a cleaner, sustainable future have taken us this far – and we believe that our vision, capabilities and expertise will enable Ormat to flourish for ge­­nerations.

ORMAT IS AN EARTH-FIRST COMPANY

Ormat has been generating power in a sustainable manner from the start, offering different types of power generating solutions all of which are green solutions - geothermal, solar, recovered energy generation, or storage – which deliver peace of mind and make a difference worldwide.

Green Power Plants

In geothermal we apply the world’s most advanced technologies to harness the power contained in the geothermal fluids that flow in the molten interior of the earth’s crust. We convert earth-bound energy from heat to electrical energy, while preserving the integrity and prolonging the life cycles of the geothermal reservoirs we drill. Geothermal energy provides base load electricity 24/7. It’s highly reliable, flexible, produces no NOx emissions and virtually no CO2 emissions.

Recovered energy generation is another critical part of our sustainable energy portfolio – a sector that provides vital, self-generating power, which produces electricity with zero emissions and without added fuel consumption.

All of these energy options do not involve the production or burning of fossil fuels and encourage a future where fossil fuels are no longer necessary. We are working to ensure that Ormat remains at the forefront of the renewable energy sector, because we see a fossil-free future on the horizon.

Today
Next
Previous
February 7th, 2022
Add Info
About
Introduction

Climeon is a Swedish product company within energy technology. The company’s unique technology for geothermal heat power - Heat Power - makes a large untapped energy resource available and provides sustainable electricity around the clock all year round. Heat Power is a cheap and renewable energy source with the potential of replacing much of the energy that comes from coal, nuclear, oil and gas, today.

Climeon is active within two subdivisions of the market for the baseload energy source heat power: geothermal heat power and industrial heat power. Geothermal heat power utilizes heat from within the earth as an energy source whereas industrial heat power utilizes heat that is generated as a by-product in industrial processes. 

THE TECHNOLOGY

The Climeon module is based on ORC technology, which in short means using a hot source – high pressure – and a cold source – low pressure – to drive a flow that generates electricity.

Each module consists of:

  • Evaporator that transfers heat to the internal working fluid
  • Turbine-generator package for conversion of thermal energy to electricity
  • Cooling system that transfers heat out of the module to the cooling water circuit

Climeon is a clean-tech vendor, providing a technology that uses the energy in waste heat from industries and low-temperature geothermal heat to generate electricity. The company received its first order in 2015 and has since then established a global customer base within maritime and industrial waste heat recovery and geothermal heat power. The product is protected by patents and offers market-leading performance within its areas of application.

Waste heat and geothermal energy (below 120°C) jointly comprise a vast energy source that is largely untapped today due to limitations of existing technologies. Climeon's product is one of the first waste heat recovery system which is able to utilize this previously unexploited source of energy to efficiently produce electricity.

We take an active stand to combat climate change. We have strict requirements on our own sustainability, social responsibility, environmental work and take an ethical stand towards our vendors and collaboration partners. Sustainability is a key factor in our development process of new products and services, and fully integrated in our organization. We will actively work to prevent the social damaging in connection to our organization. Climeon should have a transparent organizational structure that lives up to the national and international standards for ESG and operational management.

20220207 Mercury NZ Ltd Geothermal (NZE: MCY) :

We generate electricity from 100% renewable sources – hydro, geothermal, and soon wind. We also sell electricity to our customers through our retail brands – Mercury and GLOBUG.

We’re listed on the New Zealand Stock Exchange and the Australian Stock Exchange with foreign exempt listed status. We’re listed on both exchanges with the ticker symbol ‘MCY’. The New Zealand Government (the Crown) holds a legislated 51% shareholding in the Company.

20211031 Ormat Techonologies Geothermal (NYSE: ORA) :

At Ormat Technologies, Inc. (NYSE: ORA), we’re always on; delivering renewable power and energy solutions to our customers around the clock and around the world.

Clean, reliable energy solutions provided from geothermal, recovered energy, as well as energy management and storage solutions, is our expertise, commitment and focus.

Built on ingenuity and proven experience, Ormat is recognized globally for developing state-of-the-art, environmentally sound power solutions.

We design, build and supply power generating equipment for our customers’ geothermal and recovered energy power plants in 30 countries. We understand our customers’ operating challenges, because we are operators too. As a geothermal industry leader, we’ve gained global expertise in exploring, developing, designing, manufacturing, building, owning and operating geothermal power plants in Kenya, Guadalupe, Guatemala, Honduras and the United States.

Our vertically integrated structure enables us to leverage our renewable energy expertise, our core capabilities, and our global experience to supply and develop geothermal, recovered energy, and energy management and storage solutions.

20210823 Climeon AB Geothermal (FRA: DCL) :

Climeon is a Swedish product company within energy technology. The company’s unique technology for geothermal heat power - Heat Power - makes a large untapped energy resource available and provides sustainable electricity around the clock all year round. Heat Power is a cheap and renewable energy source with the potential of replacing much of the energy that comes from coal, nuclear, oil and gas, today.

Climeon is active within two subdivisions of the market for the baseload energy source heat power: geothermal heat power and industrial heat power. Geothermal heat power utilizes heat from within the earth as an energy source whereas industrial heat power utilizes heat that is generated as a by-product in industrial processes. 

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