Tag: electricity

Royal Uranium Approval Expected to Advance Company's Potential Transformation into a Diversified Energy Platform

MONACO, June 08, 2026 (GLOBE NEWSWIRE) -- With the focus on World Oceans Day, Yacht Club de Monaco has an update on the initiatives it implements throughout the year to support the environmental transition in the yachting sector. Driven by the forward-looking vision of HSH Prince Albert II of Monaco, under the aegis of its ‘Monaco, Capital of Advanced Yachting’ approach, these actions are based on one simple conviction: that the sector’s future depends on concrete, measurable and collective solutions. At the heart of its strategy is the SEA Index^® which has established itself as the benchmark tool for assessing and improving the environmental performance of yachts.

RENO, Nev., June 08, 2026 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company and the only vertically integrated designer, builder, owner, and operator of geothermal facilities in the world, today announced the Ormega100, a revolutionary new surface power generation unit engineered to deliver higher output than any other binary solution currently on the market. The Ormega100 marks an accelerated opportunity to commercialize and scale its Enhanced Geothermal System (EGS) developments, connecting subsurface development with surface power generation at an accelerated pace.