Company Directory - Ormat Technologies, Inc.
CCI Score
CCI Score: Ormat Technologies, Inc.
-1.20
Latest Event
Ormat Benefits from Fast-Tracked Authoritarian Review Process
In June 2025, three Ormat Nevada geothermal projects were set to undergo environmental assessments under a new streamlined review process introduced by the Trump administration. This expedited process, part of an 'American Energy Dominance' agenda, raises concerns about bypassing thorough environmental scrutiny, particularly in light of past controversies over Ormat projects being reexamined due to environmental and species protection issues.
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BYSTANDER
Ormat Technologies, Inc. is currently rated as a Bystander.
Latest Events
JUN042025In June 2025, three Ormat Nevada geothermal projects were set to undergo environmental assessments under a new streamlined review process introduced by the Trump administration. This expedited process, part of an 'American Energy Dominance' agenda, raises concerns about bypassing thorough environmental scrutiny, particularly in light of past controversies over Ormat projects being reexamined due to environmental and species protection issues.
-40
Public and Political Behavior
June 6
The use of an expedited, politically driven environmental review process reflects a political environment that prioritizes authoritarian energy agendas over proper environmental oversight. By benefiting from this process, Ormat is indirectly aligning with policies that undermine public safeguards and the democratic regulatory process.
Nevada geothermal projects fast-tracked under Trump’s streamlined environmental review process
-60
Regulatory Capture
June 6
By relying on a process that expedites project approvals at the expense of comprehensive environmental reviews, Ormat benefits from a form of regulatory capture. This raises red flags about the company’s willingness to operate under frameworks that diminish environmental protections and public oversight, elements often associated with authoritarian governance.
Nevada geothermal projects fast-tracked under Trump’s streamlined environmental review process
- JUN022025
Ormat Technologies' geothermal projects in Nevada are fast-tracked for expedited permitting following an energy emergency declaration by the Trump administration. The company’s positive response to the reduced review timeline raises concerns about alignment with policies that may undermine environmental safeguards and democratic oversight.
-50
Public and Political Behavior
June 6
By praising the accelerated permitting process initiated under President Trump's energy emergency declaration, Ormat Technologies positions itself to benefit from an authoritarian policy that shortens environmental review timelines. This alignment with a political directive that undermines comprehensive regulatory oversight is problematic from an anti-fascist perspective, reflecting complicity with measures favoring rapid industrial advantage at the potential cost of environmental and community protections.
Trump fast tracks Nevada geothermal projects by Ormat Technologies
- JUN022025
On June 2, 2025, Ormat Technologies CEO Doron Blachar publicly welcomed the Trump administration's decision to fast‐track the permitting for three Nevada geothermal projects under an emergency energy declaration. The company praised the expedited review process as beneficial for national security and energy independence, aligning itself with the administration’s authoritarian energy dominance agenda.
-30
Executive Political Engagement
June 6
Ormat’s CEO explicitly praised the Trump administration's decision to accelerate environmental reviews for geothermal projects, a move that underscores an alignment with an authoritarian agenda focused on energy dominance. By endorsing and benefiting from policies that bypass standard regulatory rigor, the company is seen as complicit in supporting governance structures that undermine robust environmental and democratic safeguards.
Trump fast tracks Nevada geothermal projects by Ormat Technologies
- MAY312025
Ormat Technologies' geothermal projects in Nevada have been approved for expedited environmental review under US DOI's emergency permitting procedures. The streamlined process, which is linked to President Trump’s American Energy Dominance agenda, may reduce regulatory oversight in favor of faster project development, aligning the company indirectly with an authoritarian policy framework.
-20
Public and Political Behavior
June 6
The event involves expedited permitting under a framework explicitly linked to President Trump’s American Energy Dominance agenda. This connection suggests alignment with an authoritarian executive policy that aims to cut red tape, potentially compromising environmental and public oversight, thereby raising concerns from an anti-fascist perspective.
Ormat geothermal projects to be covered by US emergency permitting procedures
- MAY302025
The US Interior Department announced an emergency permitting process on 30 May 2025, expediting geothermal project approvals as part of President Trump’s American Energy Dominance agenda. Ormat Technologies Inc.’s three Nevada-based geothermal projects are among the first to benefit, marking a clear intersection of political expediency and corporate gain.
-50
Public and Political Behavior
June 6
The expedited permitting process, anchored in Trump’s nationalist energy agenda, benefits Ormat directly by cutting standard regulatory safeguards. Such alignment with authoritarian policy objectives reflects negatively on the company’s public and political behavior.
-20
Economic and Structural Influence
June 6
The regulatory relaxation and rapid environmental review process undermine established safeguards. By benefiting from this structural influence, Ormat is complicit in a system that prioritizes political expediency over thorough oversight, aligning with authoritarian priorities.
- MAR312025
Ormat Industries spent $50,000 on lobbying efforts in early 2025, as reported by OpenSecrets based on Senate Office of Public Records data covering January to March. This expenditure highlights the company's active engagement in influencing political decisions.
-20
Political Contributions and Lobbying Efforts
June 6
Ormat Industries' expenditure of $50,000 on lobbying indicates corporate efforts to shape political outcomes in a manner that may prioritize business interests over public accountability. From an anti-fascist perspective, such activity is concerning because corporate political spending can contribute to undue influence in policymaking, potentially aligning with interests that undermine democratic and equitable governance.
- DEC152023
Ormat Technologies, Inc. released an updated Human Rights & Labor Policy in December 2023, reaffirming its commitment to uphold international labor and human rights standards. The policy emphasizes the avoidance of child labor, forced labor practices, discrimination, and ensures the rights to collective bargaining and safe working conditions.
+80
Labor Relations and Human Rights Practices
June 6
The updated policy explicitly outlines measures to respect and protect human rights and labor standards, including preventing child and forced labor, ensuring freedom of association, and eliminating discrimination. This proactive stance supports progressive and anti-authoritarian practices, significantly contributing to ethical business conduct.
PDF Ormat Technologies Inc. - Human Rights & Labor Policy December 2023
- SEP012021
Ormat Technologies, Inc. released a comprehensive political contributions and lobbying policy in September 2021. The document outlines strict internal guidelines and approval procedures for political contributions, including clear limits, documentation requirements, and the prohibition of contributions intended to improperly influence public officials. This policy is designed to ensure the company’s political activities remain transparent and compliant with applicable laws, reinforcing a commitment to ethical and responsible corporate behavior.
+40
Political Contributions and Lobbying Efforts
June 6
The establishment of a detailed political contributions and lobbying policy demonstrates Ormat's effort to impose internal controls that prevent improper influence in political processes. By mandating pre-approval and strict documentation, the company minimizes the risk of its resources being diverted to authoritarian or far-right endeavors, which is a positive step from an anti-fascist perspective.
- SEP012021
In September 2021, Ormat Technologies released its Supplier Code of Conduct, which outlines the company’s strong commitment to upholding human rights, fair labor practices, and ethical supply chain management as part of its broader business practices.
+80
Labor Relations and Human Rights Practices
June 6
The Supplier Code of Conduct explicitly details commitments to fair labor practices, respect for human rights, and adherence to international labor standards. This policy supports marginalized communities and worker rights, reflecting a strong anti-authoritarian stance.
+80
Supply Chain Ethics
June 6
The Code mandates ethical and responsible sourcing policies that ensure suppliers adhere to high standards of human rights and environmental practices, thereby mitigating risks associated with exploitative supply chain practices and reinforcing anti-fascist corporate conduct.
- DEC312018
Ormat Technologies, Inc. published its updated Human Rights & Labor Policy (amended as of December 31, 2018) which reaffirms its commitment to international human rights and labor standards, including adherence to ILO conventions, anti-discrimination, prohibition of child labor, and support for collective bargaining.
+80
Labor Relations and Human Rights Practices
June 6
The updated policy reflects Ormat Technologies' commitment to uphold international human rights and labor standards. By clearly outlining prohibitions against child labor, compulsory labor practices, and discrimination, along with a commitment to collective bargaining and workplace safety, the company demonstrates a proactive stance that counters authoritarian labor practices and promotes ethical treatment of workers.
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Corporate Financials
- Revenue
- 2025
- $300.00M
- Total Assets
- 2025
- $1.70B
- Operating Income
- 2025
- $120.00M
- Total Equity
- 2025
- $600.00M
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