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Ormat Commences Commercial Operation of the 80MW/320MWh Shirk Energy Storage Facility in California

  • Ormat Technologies Inc. announced the commencement of commercial operations at the Shirk energy storage facility in Visalia, California.
  • The Shirk facility is an 80MW/320MWh Battery Energy Storage System (BESS).
  • The project secures capacity under a 15-year Resource Adequacy Purchase and Sale Agreement with the City of Riverside.
  • Ormat plans to monetize the project's 40% Investment Tax Credit (ITC) through a hybrid tax equity partnership with Morgan Stanley Renewables, Inc. established in May 2025.
  • CEO Doron Blachar stated the project supports grid reliability, meets California's demand for flexible energy, and strengthens the profitability of Ormat's energy storage segment.
  • Ormat currently manages a 495MW energy storage portfolio located in the U.S. as part of its broader 1,835MW generating portfolio.