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Ormat Technologies · Nevada (multiple sites) · NevadaDEVELOPER HEALTHHEALTHY
A series of new Ormat plants coming online 2028–2030.
Power
150 MW
Geothermal · Scaling
Storage
—
energy capacity
Online
2028–2030
approximate target
Capital committed
—
closed or awarded
Capital pending
—
conditional or under review
How it works
Wells tap natural underground reservoirs of hot water and steam. It runs the turbine at the surface, then the cooled water goes back down a second well to keep the reservoir going.
OPEN IN 3D →No project-level financing disclosed yet.
Grid connection, permits, contractors and cost not researched yet for this project.
NV Energy (for Google)
Up to 150 MW, 15-year term via NV Energy's Clean Transition Tariff; PUCN approval expected 2H 2026
STEP 2/5 · SECURE Next-gen geothermal gets bankable offtakeLong-term contracts let developers raise project debt.
Policy that applies