Ormat Technologies signs major geothermal deal with NV Energy to power Google data centers in Nevada
Ormat Technologies will develop geothermal projects to supply 150 megawatts of clean energy for Google. The deal supports growing AI power demands in Nevada.
Insights:
Ormat Technologies, Inc. has entered into a long-term 150 MW geothermal power purchase agreement with NV Energy to supply the Nevada operations of Alphabet Inc. . This completed agreement enables Ormat to develop new geothermal projects that are scheduled to come online between 2028 and 2030. The deal is significant due to its scale and the involvement of Alphabet Inc. through its Google subsidiary, providing a scalable model for utilities and large users seeking reliable, carbon-free firm power.
