ORA has been in business for more than three decades, so it knows how to survive as a renewable energy company. Iceland has gotten a decent chunk of its electricity (currently 26%) from geothermal heat for decades. Geothermal is a unique way to tap into sources of low-heat geothermal water to high temperature geothermal steam heat and turn it into electricity. ORA builds, operates and sites utility-scale geothermal energy plants all around the world. Ormat ( ORA) is a very interesting play on the renewable energy sector without having the cost issues that are inherent in solar and wind and many other renewables. “Best of the Best” Stocks to Buy: Ormat Technologies, Inc.
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