Ormat Technologies has signed a long-term power purchase agreement with NV Energy to deliver 150 megawatts of geothermal electricity to support Google's Nevada operations. This project provides a constant, carbon-free baseload power source to meet the high energy demands of data centers. Unlike solar or wind, geothermal energy operates around the clock, making it a critical tool for tech companies aiming for 24/7 carbon-free energy. The deal highlights a growing trend of collaboration between utilities, developers, and big tech to stabilize the grid while decarbonizing industrial infrastructure.
