Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Ormat selected for up to $25 million in DOE funding for Dixie Valley EGS project in Nevada

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

BitgetBitget2026/09/24 20:40
  • 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.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.

NVIDIA, Intel, and AMD have collectively spent $5 billion in advance payments to aggressively secure high-end IC substrates from Taiwan. Driven by "big money for guaranteed orders," the top three Taiwanese substrate manufacturers have invested a record NT$161.2 billion to expand their production capacity. The tech giants' substantial financial commitments to secure supply chains highlight the intense competition and extreme scarcity of core AI materials.

华尔街见闻•2026/10/24 11:11
The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.