Ormat Secures 150 MW Geothermal PPA for Google Nevada Sites
Ormat Technologies has inked a long-term Power Purchase Agreement with NV Energy to deliver up to 150 megawatts of geothermal energy for Google’s Nevada operations. The multi-site portfolio, coming online between 2028 and 2030, carries a 15-year term post-commercial launch and awaits Nevada PUC approval in H2 2026.
1. Geothermal PPA Details
Ormat has entered a long-term Power Purchase Agreement with NV Energy to supply up to 150 megawatts of geothermal power to Google’s Nevada facilities under a multi-project portfolio.
2. Capacity and Timeline
The portfolio framework will develop multiple geothermal sites delivering capacity in phases between 2028 and 2030, with a contract term extending for 15 years after the final project achieves commercial operation.
3. Approval and Strategic Impact
The agreement hinges on Nevada Public Utilities Commission approval, expected in the second half of 2026, and leverages extended geothermal tax credits to support Ormat’s long-term growth strategy and revenue visibility.