Ormat Technologies, Inc. signs amendment to PPA for Casa Diablo-IV geothermal power plant
Type: Ppa · Technology: Geothermal, Other · Country: United States · Capacity: 15 MW · Value: $27M · Announced: 2026-03-10
Ormat Technologies amended and extended power purchase agreements with Central Coast Community Energy and Silicon Valley Clean Energy to increase contracted capacity to 15 MW (from 7 MW each to 7.5 MW each), extend term to 15 years through 2037, and raise pricing by ~27% effective October 1, 2026 for output from the 35 MW Casa Diablo-IV geothermal plant in California.
Counterparties
- Central Coast Community Energy (Offtaker)
- Silicon Valley Clean Energy (Offtaker)
- Ormat Technologies, Inc (Developer)
📈 The Sherpa Signal — one notable infrastructure deal a day.