Ormat Technologies Inc., a leading geothermal and renewable energy company, has been awarded the Telaga Ranu Geothermal Working Area concession in Indonesia by the country's Ministry of Energy and Mineral Resources. Secured through a competitive tender process involving four qualified bidders, the concession grants Ormat long-term rights to explore and develop the geothermal resource at Telaga Ranu. The site is expected to add up to 40MW to Ormat's exploration pipeline in Indonesia, supporting the company's long-term growth strategy and contributing to the nation's clean energy transition.

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: GNW9626325-en) on January 15, 2026, and is solely responsible for the information contained therein.