Ormat selected for up to $25 million in DOE funding for Dixie Valley EGS project in Nevada

Bitget2026/09/24 20:40

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Ormat won selection for up to approximately USD 35 million in DOE funding for geothermal development at Dixie Valley, Nevada, and Cove Fort, Utah.
Dixie Valley EGS project slated for up to USD 25 million to support design, drilling, testing, validation of an EGS doublet.
Cove Fort hydrothermal program targeted for up to USD 9.7 million for drilling and subsurface characterization in carbonate formations.
Awards remain subject to completion of DOE award negotiations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ormat Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609241640PRIMZONEFULLFEED9833732) on September 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ormat selected for up to $25 million in DOE funding for Dixie Valley EGS project in Nevada

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