Ormat (ORA) 10-Q 4 Aug 22 2022 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Aug. 01, 2022
Document Information [Line Items]
Entity Central Index Key	0001296445
Entity Registrant Name	ORMAT TECHNOLOGIES, INC.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-32347
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	88-0326081
Entity Address, Address Line One	6140 Plumas Street
Entity Address, City or Town	Reno
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89519-6075
City Area Code	775
Local Phone Number	356-9029
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		55,933,801
Title of 12(b) Security	Common Stock
Trading Symbol	ORA
Security Exchange Name	NYSE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands		Jun. 30, 2022		Dec. 31, 2021
Current assets:
Cash and cash equivalents		$ 263,425		$ 239,278
Marketable securities at fair value		0		43,343
Restricted cash and cash equivalents (primarily related to VIEs)		92,956		104,166
Receivables:
Trade less allowance for credit losses of $90 and $90, respectively (primarily related to VIEs)		123,398		122,944
Other		18,910		18,144
Inventories		32,213		28,445
Costs and estimated earnings in excess of billings on uncompleted contracts	[1]	13,823		9,692
Prepaid expenses and other		40,883		35,920
Total current assets		585,608		601,932
Investment in unconsolidated companies		114,699		105,886
Deposits and other		40,942		78,915
Deferred income taxes		137,961		143,450
Property, plant and equipment, net		2,287,498		2,294,973
Construction-in-process		912,376		721,483
Operating leases right of use		19,935		19,357
Finance leases right of use		5,541		6,414
Intangible assets, net		347,216		363,314
Goodwill		90,200		89,954
Total assets		4,541,976	[2],[3],[4]	4,425,678
Current liabilities:
Accounts payable and accrued expenses		144,522		143,186
Billings in excess of costs and estimated earnings on uncompleted contracts		12,707		9,248
Current portion of long-term debt:
Limited and non-recourse (primarily related to VIEs)		76,976		61,695
Full recourse		101,614		313,846
Financing liability		13,039		10,835
Operating lease liabilities		2,242		2,564
Finance lease liabilities		2,013		2,782
Total current liabilities		353,113		544,156
Long-term debt, net of current portion:
Financing liability		236,057		242,029
Operating lease liabilities		17,394		16,462
Finance lease liabilities		4,135		4,361
Liability associated with sale of tax benefits		122,894		134,953
Deferred income taxes		80,965		84,662
Liability for unrecognized tax benefits		6,244		5,730
Liabilities for severance pay		14,288		15,694
Asset retirement obligation		87,483		84,891
Other long-term liabilities		4,254		4,951
Total liabilities		2,553,686		2,417,888
Commitments and contingencies (Note 10)
Redeemable noncontrolling interest		8,996		9,329
Equity:
Common stock, par value $0.001 per share; 200,000,000 shares authorized; 55,933,801 and 56,056,450 issued and outstanding as of June 30, 2022 and December 31, 2021, respectively		56		56
Additional paid-in capital		1,253,242		1,271,925
Treasury stock, at cost (258,667 and 0 shares held as of June 30, 2022 and December 31, 2021, respectively)		(17,964)		0
Retained earnings		601,441		585,209
Accumulated other comprehensive income (loss)		(4,148)		(2,191)
Total stockholders' equity attributable to Company's stockholders		1,832,627		1,854,999
Noncontrolling interest		146,667		143,462
Total equity		1,979,294		1,998,461
Total liabilities, redeemable noncontrolling interest and equity		4,541,976		4,425,678
Senior Secured Notes [Member]
Long-term debt, net of current portion:
Limited and non-recourse (primarily related to VIEs and less deferred financing costs of $10,129 and $11,304, respectively)		492,402		539,664
Senior Unsecured Bonds [Member]
Long-term debt, net of current portion:
Full recourse (less deferred financing costs of $3,223 and $3,659, respectively)		714,039		740,335
Convertible Senior Notes [Member]
Long-term debt, net of current portion:
Convertible senior notes (less deferred financing costs of $10,832 and $0, respectively)		$ 420,418		$ 0
[1]Contract assets and contract liabilities are presented as "Costs and estimated earnings in excess of billings on uncompleted contracts" and "Billings in excess of costs and estimated earnings on uncompleted contracts", respectively, on the condensed consolidated balance sheets. The contract liabilities balance at the beginning of the year was not yet fully recognized as product revenues during the six months ended June 30, 2022 as a result of performance obligations having not been fully satisfied yet.[2]Electricity segment assets include goodwill in the amount of $85.6 million and $20.2 million as of June 30, 2022 and 2021, respectively. Energy Storage segment assets include goodwill in the amount of $4.6 million and $4.6 as of June 30, 2022 and 2021, respectively. No goodwill is included in the Product segment assets as of June 30, 2022 and 2021.[3]Including unconsolidated investments[4]Intersegment revenue are fully eliminated in consolidation.

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Trade, allowance for credit losses	$ 90	$ 90
Property, plant and equipment, net	2,287,498	2,294,973
Construction-in-process	912,376	721,483
Operating leases right of use	19,935	19,357
Finance leases right of use	$ 5,541	$ 6,414
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	200,000,000	200,000,000
Common stock, shares issued (in shares)	55,933,801	56,056,450
Common stock, shares outstanding (in shares)	55,933,801	56,056,450
Treasury stock, shares (in shares)	258,667	0
Senior Secured Notes [Member]
Deferred financing costs	$ 10,129	$ 11,304
Senior Unsecured Bonds [Member]
Deferred financing costs	3,223	3,659
Convertible Senior Notes [Member]
Deferred financing costs	10,832	0
Variable Interest Entity, Primary Beneficiary [Member]
Property, plant and equipment, net	2,143,613	2,159,696
Construction-in-process	505,188	366,924
Operating leases right of use	8,356	7,825
Finance leases right of use	$ 127	$ 192

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues:
Revenue	$ 169,078	$ 146,901	$ 352,788	$ 313,253
Cost of revenues:
Cost of revenues	111,477	94,926	225,282	187,631
Gross profit	57,601	51,975	127,506	125,622
Operating expenses:
Research and development expenses	1,388	1,128	2,452	2,004
Selling and marketing expenses	3,952	3,988	8,317	8,264
General and administrative expenses	13,526	18,240	31,098	36,846
Write-off of Energy Storage projects and assets	128	0	1,954	0
Operating income	38,607	28,619	83,685	78,508
Other income (expense):
Interest income	179	808	521	1,071
Interest expense, net	(20,418)	(18,626)	(41,499)	(37,642)
Derivatives and foreign currency transaction gains (losses)	(3,998)	658	(3,738)	(16,208)
Income attributable to sale of tax benefits	9,527	7,420	17,232	13,775
Other non-operating income (expense), net	(1,260)	(21)	(1,185)	(352)
Income from operations before income tax and equity in earnings (losses) of investees	22,637	18,858	55,016	39,152
Income tax provision	(6,130)	(4,268)	(16,293)	(7,275)
Equity in earnings (losses) of investees, net	(1,562)	605	(985)	1,147
Net income	14,945	15,195	37,738	33,024
Net income attributable to noncontrolling interest	(3,685)	(2,169)	(8,048)	(4,739)
Net income attributable to the Company's stockholders	11,260	13,026	29,690	28,285
Comprehensive income:
Net income	14,945	15,195	37,738	33,024
Other comprehensive income (loss), net of related taxes:
Change in foreign currency translation adjustments	(3,459)	416	(4,615)	(1,410)
Change in unrealized gains or losses in respect of the Company's share in derivatives instruments of unconsolidated investment that qualifies as a cash flow hedge	1,543	(1,234)	5,445	2,521
Change in unrealized gains or losses in respect of a cross currency swap derivative instrument that qualifies as a cash flow hedge	(2,095)	198	(4,000)	(2,600)
Change in unrealized gains or losses on marketable securities available-for-sale (net of related tax)	142	9	41	(11)
Other changes in comprehensive income	15	17	30	33
Total other comprehensive income (loss), net of related taxes:	(3,854)	(594)	(3,099)	(1,467)
Comprehensive income	11,091	14,601	34,639	31,557
Comprehensive income attributable to noncontrolling interest	(2,842)	(2,301)	(6,906)	(4,298)
Comprehensive income attributable to the Company's stockholders	$ 8,249	$ 12,300	$ 27,733	$ 27,259
Earnings per share attributable to the Company's stockholders:
Basic: (in dollars per share)	$ 0.20	$ 0.23	$ 0.53	$ 0.51
Diluted: (in dollars per share)	$ 0.20	$ 0.23	$ 0.53	$ 0.50
Weighted average number of shares used in computation of earnings per share attributable to the Company's stockholders:
Basic (in shares)	56,114	55,992	56,089	55,990
Diluted (in shares)	56,498	56,316	56,431	56,502
Electricity [Member]
Revenues:
Revenue	$ 151,195	$ 133,864	$ 313,720	$ 278,852
Cost of revenues:
Cost of revenues	95,517	83,736	190,038	163,587
Product [Member]
Revenues:
Revenue	10,392	7,410	25,020	16,053
Cost of revenues:
Cost of revenues	10,367	5,924	23,980	13,998
Energy Storage and Management Services [Member]
Revenues:
Revenue	7,491	5,627	14,048	18,348
Cost of revenues:
Cost of revenues	$ 5,593	$ 5,266	$ 11,264	$ 10,046

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Equity (Unaudited) - USD ($) $ in Thousands		Cross Currency Interest Rate Contract [Member] Common Stock [Member]	Cross Currency Interest Rate Contract [Member] Additional Paid-in Capital [Member]	Cross Currency Interest Rate Contract [Member] Treasury Stock [Member]	Cross Currency Interest Rate Contract [Member] Retained Earnings [Member]	Cross Currency Interest Rate Contract [Member] AOCI Attributable to Parent [Member]	Cross Currency Interest Rate Contract [Member] Parent [Member]	Cross Currency Interest Rate Contract [Member] Noncontrolling Interest [Member]	Cross Currency Interest Rate Contract [Member]	Common Stock Outstanding [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Parent [Member]	Noncontrolling Interest [Member]	Total
Balance (in shares) at Dec. 31, 2020										55,983,000
Balance at Dec. 31, 2020											$ 56	$ 1,262,446	$ 0	$ 550,103	$ (6,620)	$ 1,805,985	$ 135,452	$ 1,941,437
Stock-based compensation											0	2,097	0	0	0	2,097	0	2,097
Exercise of stock-based awards by employees and directors (in shares)	[1]									1,000
Exercise of stock-based awards by employees and directors	[1]										0	0	0	0	0	0	0	0
Stock issuance costs reimbursement											0	285	0	0	0	285	0	285
Cash paid to noncontrolling interest											0	0	0	0	0	0	(3,898)	(3,898)
Cash dividend declared											0	0	0	(6,718)	0	(6,718)	0	(6,718)
Net income											0	0	0	15,259	0	15,259	2,290	17,549
Change in foreign currency translation adjustments											0	0	0	0	(1,253)	(1,253)	(573)	(1,826)
Change in unrealized gains or losses in respect of the Company's share in derivative instruments of unconsolidated investment											0	0	0	0	3,755	3,755	0	3,755
Change in respect of derivative instruments designated for cash flow hedge		$ 0	$ 0	$ 0	$ 0	$ (2,798)	$ (2,798)	$ 0	$ (2,798)
Other											0	0	0	0	16	16	0	16
Change in unrealized gains or losses on marketable securities available-for-sale (net of related tax)											0	0	0	0	(20)	(20)	0	(20)
Balance (in shares) at Mar. 31, 2021										55,984,000
Balance at Mar. 31, 2021											56	1,264,828	0	558,644	(6,920)	1,816,608	133,271	1,949,879
Balance (in shares) at Dec. 31, 2020										55,983,000
Balance at Dec. 31, 2020											56	1,262,446	0	550,103	(6,620)	1,805,985	135,452	1,941,437
Change in foreign currency translation adjustments																		(1,410)
Change in unrealized gains or losses in respect of the Company's share in derivative instruments of unconsolidated investment																		2,521
Change in respect of derivative instruments designated for cash flow hedge																		(2,600)
Other																		33
Change in unrealized gains or losses on marketable securities available-for-sale (net of related tax)																		(11)
Balance (in shares) at Jun. 30, 2021										55,997,000
Balance at Jun. 30, 2021											56	1,267,451	0	565,222	(7,646)	1,825,083	134,772	1,959,855
Balance (in shares) at Mar. 31, 2021										55,984,000
Balance at Mar. 31, 2021											56	1,264,828	0	558,644	(6,920)	1,816,608	133,271	1,949,879
Stock-based compensation											0	2,623	0	0	0	2,623	0	2,623
Exercise of stock-based awards by employees and directors (in shares)	[1]									13,000
Exercise of stock-based awards by employees and directors	[1]										0	0	0	0	0	0	0	0
Cash paid to noncontrolling interest											0	0	0	0	0	0	(426)	(426)
Cash dividend declared											0	0	0	(6,448)	0	(6,448)	0	(6,448)
Net income											0	0	0	13,026	0	13,026	1,795	14,821
Change in foreign currency translation adjustments											0	0	0	0	284	284	132	416
Change in unrealized gains or losses in respect of the Company's share in derivative instruments of unconsolidated investment											0	0	0	0	(1,234)	(1,234)	0	(1,234)
Change in respect of derivative instruments designated for cash flow hedge		0	0	0	0	198	198	0	198									198
Other											0	0	0	0	17	17	0	17
Change in unrealized gains or losses on marketable securities available-for-sale (net of related tax)											0	0	0	0	9	9	0	9
Balance (in shares) at Jun. 30, 2021										55,997,000
Balance at Jun. 30, 2021											56	1,267,451	0	565,222	(7,646)	1,825,083	134,772	1,959,855
Balance (in shares) at Dec. 31, 2021										56,056,000
Balance at Dec. 31, 2021											56	1,271,925	0	585,209	(2,191)	1,854,999	143,462	1,998,461
Stock-based compensation											0	2,814	0	0	0	2,814	0	2,814
Exercise of stock-based awards by employees and directors (in shares)	[1]									16,000
Exercise of stock-based awards by employees and directors	[1]										0	99	0	0	0	99	0	99
Cash paid to noncontrolling interest											0	0	0	0	0	0	(3,088)	(3,088)
Cash dividend declared											0	0	0	(6,727)	0	(6,727)	0	(6,727)
Net income											0	0	0	18,430	0	18,430	4,105	22,535
Change in foreign currency translation adjustments											0	0	0	0	(857)	(857)	(299)	(1,156)
Change in unrealized gains or losses in respect of the Company's share in derivative instruments of unconsolidated investment											0	0	0	0	3,902	3,902	0	3,902
Change in respect of derivative instruments designated for cash flow hedge		0	0	0	0	(1,905)	(1,905)	0	(1,905)
Other											0	0		0	15	15	0	15
Change in unrealized gains or losses on marketable securities available-for-sale (net of related tax)											0	0	0	0	(101)	(101)	0	(101)
Balance (in shares) at Mar. 31, 2022										56,072,000
Balance at Mar. 31, 2022											56	1,274,838	0	596,912	(1,137)	1,870,669	144,180	2,014,849
Balance (in shares) at Dec. 31, 2021										56,056,000
Balance at Dec. 31, 2021											56	1,271,925	0	585,209	(2,191)	1,854,999	143,462	1,998,461
Change in foreign currency translation adjustments																		(4,615)
Change in unrealized gains or losses in respect of the Company's share in derivative instruments of unconsolidated investment																		5,445
Change in respect of derivative instruments designated for cash flow hedge																		(4,000)
Other																		30
Change in unrealized gains or losses on marketable securities available-for-sale (net of related tax)																		41
Balance (in shares) at Jun. 30, 2022										55,934,000
Balance at Jun. 30, 2022											56	1,253,242	(17,964)	601,441	(4,148)	1,832,627	146,667	1,979,294
Balance (in shares) at Mar. 31, 2022										56,072,000
Balance at Mar. 31, 2022											56	1,274,838	0	596,912	(1,137)	1,870,669	144,180	2,014,849
Stock-based compensation											0	2,999	0	0	0	2,999	0	2,999
Exercise of stock-based awards by employees and directors (in shares)	[1]									121,000
Exercise of stock-based awards by employees and directors	[1]										0	(57)	0	0	0	(57)	0	(57)
Cash paid to noncontrolling interest											0	0	0	0	0	0	(140)	(140)
Cash dividend declared											0	0	0	(6,731)	0	(6,731)	0	(6,731)
Net income											0	0	0	11,260	0	11,260	3,470	14,730
Change in foreign currency translation adjustments											0	0	0	0	(2,616)	(2,616)	(843)	(3,459)
Change in unrealized gains or losses in respect of the Company's share in derivative instruments of unconsolidated investment											0	0	0	0	1,543	1,543	0	1,543
Change in respect of derivative instruments designated for cash flow hedge		$ 0	$ 0	$ 0	$ 0	$ (2,095)	$ (2,095)	$ 0	$ (2,095)									(2,095)
Other											0	0	0	0	15	15	0	15
Change in unrealized gains or losses on marketable securities available-for-sale (net of related tax)											0	0	0	0	142	142	0	$ 142
Purchase of treasury stock (in shares)										(259,000)								(258,667)
Purchase of treasury stock											0	0	(17,964)	0	0	(17,964)	0	$ (17,964)
Purchase of capped call instruments											0	(24,538)	0	0	0	(24,538)	0	(24,538)
Balance (in shares) at Jun. 30, 2022										55,934,000
Balance at Jun. 30, 2022											$ 56	$ 1,253,242	$ (17,964)	$ 601,441	$ (4,148)	$ 1,832,627	$ 146,667	$ 1,979,294
[1]Resulted in an amount lower than $1 thousand.

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity (Unaudited) (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021
Retained Earnings [Member]
Cash dividend declared, per share (in dollars per share)	$ 0.12	$ 0.12		$ 0.12
Cash dividend declared, per share (in dollars per share)			$ 0.12
Change in unrealized gains or losses on marketable securities available-for-sale, tax	$ 0	$ 0	$ 0	$ 0
Change in respect of derivative instruments designated for cash flow hedge, tax			$ 0

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income	$ 37,738	$ 33,024
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	97,005	85,539
Accretion of asset retirement obligation	2,591	1,911
Stock-based compensation	5,813	4,720
Income attributable to sale of tax benefits, net of interest expense	(11,052)	(9,408)
Equity in losses (earnings) of investees	985	(1,147)
Mark-to-market of derivative instruments	3,911	1,096
Disposal of property, plant and equipment	2	81
Write-off of Storage projects and assets	1,954	0
Loss (gain) on severance pay fund asset	978	105
Loss from prepayment of a long-term loan	1,102	0
Deferred income tax provision	1,584	(4,528)
Liability for unrecognized tax benefits	514	1,494
Other	576	0
Changes in operating assets and liabilities, net of businesses acquired:
Receivables	(646)	9,926
Costs and estimated earnings in excess of billings on uncompleted contracts	(4,131)	10,707
Inventories	(3,768)	6,795
Prepaid expenses and other	(6,424)	(4,866)
Change in operating lease right of use asset	1,586	1,422
Deposits and other	1,583	(319)
Accounts payable and accrued expenses	(15,128)	(37,714)
Billings in excess of costs and estimated earnings on uncompleted contracts	3,459	2,273
Liabilities for severance pay	(1,406)	(1,058)
Change in operating lease liabilities	(1,559)	(1,153)
Other long-term liabilities	(1,977)	(56)
Net cash provided by operating activities	115,290	98,844
Cash flows from investing activities:
Purchase of marketable securities	(19,192)	(47,621)
Maturities of marketable securities	32,645	1,650
Sale of marketable securities	29,355	0
Capital expenditures	(263,439)	(207,888)
Investment in unconsolidated companies	(4,353)	(2,005)
Decrease (increase) in severance pay fund asset, net of payments made to retired employees	(52)	1,352
Net cash used in investing activities	(225,036)	(254,512)
Cash flows from financing activities:
Proceeds from long-term loans, net of transaction costs	75,000	0
Proceeds from exercise of options by employees	42	0
Proceeds from issuance of convertible notes, net of transaction costs	420,400	0
Purchase of capped call instruments	(24,538)	0
Purchase of treasury stock	(17,964)	0
Prepayments of a long-term loan	(219,126)	0
Cash received from noncontrolling interest	5,443	5,390
Repayments of long-term debt	(96,875)	(36,481)
Stock issuance costs reimbursement	0	285
Cash paid to noncontrolling interest	(3,863)	(5,214)
Payments under finance lease obligations	(1,677)	(1,558)
Deferred debt issuance costs	(374)	(232)
Cash dividends paid	(13,458)	(13,166)
Net cash provided by (used in) financing activities	123,010	(50,976)
Effect of exchange rate changes	(327)	(257)
Net change in cash and cash equivalents and restricted cash and cash equivalents	12,937	(206,901)
Cash and cash equivalents and restricted cash and cash equivalents at beginning of period	343,444	536,778
Cash and cash equivalents and restricted cash and cash equivalents at end of period	356,381	329,877
Supplemental non-cash investing and financing activities:
Increase (decrease) in accounts payable related to purchases of property, plant and equipment	10,982	(4,499)
Right of use assets obtained in exchange for new lease liabilities	$ 2,313	$ 4,673

Note 1 - General and Basis of P

Note 1 - General and Basis of Presentation	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1 GENERAL AND BASIS OF PRESENTATION These unaudited condensed consolidated interim financial statements of Ormat Technologies, Inc. and its subsidiaries (collectively, the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial statements. Accordingly, they do not June 30, 2022, three six June 30, 2022 2021 six June 30, 2022 2021. The financial data and other information disclosed in the notes to the condensed consolidated financial statements related to these periods are unaudited. The results for the periods presented are not These condensed unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10 December 31, 2021. December 31, 2021 December 31, 2021 not Dollar amounts, except per share data, in the notes to these financial statements are rounded to the closest $1,000. Convertible Senior Notes On June 22, 2022, 2027 144A 1933, June 27, 2022, January 15 July 15 January 15, 2023. July 15, 2027, Holders of the Notes may January 15, 2027 1 September 30, 2022 ( not 2 five five $1,000 3 may not July 21, 2025), second 4 January 15, 2027 second may may The initial conversion rate was 11.0776 shares of common stock per $1,000 may may not July 21, 2025. may July 21, 2025 41st not may The Company incurred approximately $10.9 million of issuance costs in respect of the issuance of the Notes, which were deferred and are presented as a reduction to the Notes principal amounts on the condensed consolidated balance sheets. The deferred issuance costs are amortized over the term of the Notes into interest expenses, net in the condensed consolidated statements of operations and comprehensive income. During the three six June 30, 2022, Based on the closing market price of the Company's common stock on June 30, 2022, Capped Call Transactions In connection with the issuance of the convertible notes described above, the Company entered into capped call transactions (the "Capped Calls") with certain counterparties. The capped call transactions will cover, subject to customary adjustments, the number of shares of our common stock initially underlying the Notes of approximately 4.8 million shares of common stock and at an initial strike price of $90.27 per share. The Capped Calls are generally intended to reduce the potential dilution to the Company's Common Stock upon any conversion of the Notes and/or offset any cash payments the Company is required to make in excess of the principal amount of converted Notes, in the event that at the time of conversion, the Common Stock price exceeds the conversion price. If, however, the market price per share of Common Stock exceeds the cap price of the Capped Calls, there would nevertheless be dilution or there would not The Capped Calls exercise price is equal to the $90.27 initial conversion price of each of the Notes and the cap price of the Capped Calls is initially $107.63 per share, which represents a premium of approximately 55% above the closing price of the Company's common stock on the date of the Notes offering and is subject to customary anti-dilution adjustments. The Capped Calls transactions are separate transactions entered into by the Company with the option counterparties, are not not The Company paid approximately $24.5 million for the Capped Calls which was recorded as a reduction to Additional Paid-in Capital in the condensed consolidated statements of equity in the second 2022, no 815, not Purchase of Treasury Stock In connection with the issuance of the Notes as described above, the Company used approximately $18.0 million of the net proceeds from the issuance of these Notes to repurchase 258,667 shares of its common stock in privately negotiated transactions at a price of $69.45 per share. The Company recorded this purchase of treasury stocks as a reduction to its equity on the condensed consolidated statements of equity in the second 2022. Prepayment of Series 3 Additionally, in connection with the issuance of the Notes as described above, on June 27, 2022, 3 September 2022 three six June 30, 2022 Mizrahi Bank Loan On April 12, 2022, October 12, 2022. not not not Heber 1 The Company's 40 1 February 25, 2022 1 81 April, 1 20 second 2023. The Company holds business interruption insurance subject to a 45 second 2022, second 2022 COVID- 19 In March 2020, 19" 19 second 2021, 19 not 19 19 19 In the Product segment, the Company experienced a significant decline in product backlog, which it believes resulted mainly due to the impact of COVID- 19 In the Energy Storage segment, revenues are generated primarily from participating in the energy and ancillary services markets and therefore are directly impacted by the prevailing energy prices in those markets. We have experienced and are experiencing supply chain difficulties, as well as an increase in the cost of raw materials and batteries, which may While the extent and duration of the economic downturn from the COVID- 19 may 19 no Write-offs of unsuccessful exploration activities There were no write-offs of unsuccessful exploration activities for the three six June 30, 2022 2021. Reconciliation of cash and cash equivalents and restricted cash and cash equivalents The following table provides a reconciliation of cash and cash equivalents and restricted cash and cash equivalents as reported on the balance sheet to the total of the same amounts shown on the statement of cash flows: December June 30, 31, June 30, 2022 2021 2021 (Dollars in thousands) Cash and cash equivalents $ 263,425 $ 239,278 $ 250,009 Restricted cash and cash equivalents 92,956 104,166 79,868 Total Cash and cash equivalents and restricted cash and cash equivalents $ 356,381 $ 343,444 $ 329,877 Concentration of credit risk Financial instruments that potentially subject the Company to a concentration of credit risk consist principally of temporary cash investments, marketable securities and accounts receivable. The Company places its temporary cash investments with high credit quality financial institutions located in the United States (“U.S.”) and in foreign countries. At June 30, 2022 December 31, 2021, ten $250,000 June 30, 2022 December 31, 2021, At June 30, 2022 December 31, 2021, June 30, 2022 December 31, 2021, 10% The Company's revenues from its primary customers as a percentage of total revenues are as follows: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Sierra Pacific Power Company and Nevada Power Company 17.7 % 19.5 % 18.6 % 20.3 % Southern California Public Power Authority (“SCPPA”) 21.3 25.5 21.6 25.2 Kenya Power and Lighting Co. Ltd. ("KPLC") 15.5 17.3 14.8 16.4 The Company has historically been able to collect on substantially all of its receivable balances. As of June 30, 2022, $9.6 July 2022. In Honduras, as of June 30, 2022, July 2022. 19 may The Company may 19 See Note 4 Allowance for credit losses The Company performs an analysis of potential credit losses related to its financial instruments that are within the scope of ASU 2018 19, 325, may 19 19 not The following table describes the changes in the allowance for expected credit losses for the three six June 30, 2022 2021 Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Beginning balance of the allowance for expected credit losses $ 90 $ 597 $ 90 $ 597 Change in the provision for expected credit losses for the period — (178 ) — (178 ) Ending balance of the allowance for expected credit losses $ 90 $ 419 $ 90 $ 419 Revenues from contracts with customers Contract assets related to our Product segment reflect revenue recognized and performance obligations satisfied in advance of customer billing. Contract liabilities related to the Company's Product segment reflect payments received in advance of the satisfaction of performance under the contract. The Company receives payments from customers based on the terms established in the contracts. Total contract assets and contract liabilities as of June 30, 2022 December 31, 2021 June 30, December 31, 2022 2021 (Dollars in thousands) Contract assets (*) $ 13,823 $ 9,692 Contract liabilities (*) $ (12,707 ) $ (9,248 ) (*) Contract assets and contract liabilities are presented as "Costs and estimated earnings in excess of billings on uncompleted contracts" and "Billings in excess of costs and estimated earnings on uncompleted contracts", respectively, on the condensed consolidated balance sheets. The contract liabilities balance at the beginning of the year was not six June 30, 2022 not On June 30, 2022, not Disaggregated revenues from contracts with customers for the three six June 30, 2022 2021 9 Leases in which the Company is a lessor The table below presents lease income recognized as a lessor: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Lease income relating to lease payments from operating leases $ 127,472 $ 113,113 $ 267,153 $ 238,860 Marketable securities The Company’s investments in marketable securities consist of debt securities with maturity of up to one three Derivative instruments Derivative instruments (including certain derivative instruments embedded in other contracts) are measured at their fair value and recorded as either assets or liabilities unless exempted from derivative treatment as a normal purchase and sale. Changes in the fair value of derivatives not The Company maintains a risk management strategy that may

Note 2 - New Accounting Pronoun

Note 2 - New Accounting Pronouncements	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Accounting Standards Update and Change in Accounting Principle [Text Block]	NOTE 2 NEW ACCOUNTING PRONOUNCEMENTS New accounting pronouncements effective in the six June 30, 2022 In August 2020, 2020 06 470 20 815 40 2020 06" 2020 06 December 15, 2021, June 2022, New accounting pronouncements effective in future periods Revenue Contracts Acquired in a Business Combination In October 2021, 2021 08, 805 2021 08" 2021 08 1 2 2021 08 606 2021 08 December 15, 2022 not 2021 08

Note 3 - Inventories

Note 3 - Inventories	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Inventory Disclosure [Text Block]	NOTE 3 INVENTORIES Inventories consist of the following: June 30, December 31, 2022 2021 (Dollars in thousands) Raw materials and purchased parts for assembly $ 13,206 $ 11,539 Self-manufactured assembly parts and finished products 19,007 16,906 Total inventories $ 32,213 $ 28,445

Note 4 - Marketable Securities

Note 4 - Marketable Securities	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	NOTE 4 MARKETABLE SECURITIES Marketable securities are presented at fair value and include investments in debt securities classified as available for sale. All marketable securities have maturities of less than a year. Investment in marketable securities is comprised of the following: June 30, 2022 December 31, 2021 Amortized cost Gross unrealized gains Gross unrealized losses Fair value Amortized cost Gross unrealized gains Gross unrealized losses Fair value (Dollars in thousands) (Dollars in thousands) Debt security type: Corporate bonds $ — $ — $ — $ — $ 32,302 $ — $ (36 ) $ 32,529 Commercial paper — — — — 8,891 — — 8,891 Money market funds 136 — — 136 3,686 — — 3,686 Foreign issuers — — — — 1,920 — (4 ) 1,923 Total debt securities available for sale $ 136 $ — $ — $ 136 $ 46,799 $ — $ (40 ) $ 47,029 As of June 30, 2022 December 31, 2021, The following table summarizes the fair value and gross unrealized losses of debt securities with unrealized losses aggregated by security type and length of time that the fair value had been below amortized cost, on an individual security basis: June 30, 2022 December 31, 2021 Less than 12 months Greater than 12 months Less than 12 months Greater than 12 months Fair value Gross unrealized loss Fair value Gross unrealized loss Fair value Gross unrealized loss Fair value Gross unrealized loss (Dollars in thousands) (Dollars in thousands) Debt security type: Corporate bonds $ — $ — $ — $ — $ 32,529 $ (36 ) $ — $ — Commercial paper — — — — 8,891 — — — Money market funds 136 — — — 3,686 — — — Foreign issuers — — — — 1,923 (4 ) — — Total debt securities available for sale $ 136 $ — $ — $ — $ 47,029 $ (40 ) $ — $ — ORMAT TECHNOLOGIES, INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - (Continued) (Unaudited) The Company sold all of its investments in debt securities during the the second 2022 December 31, 2021.

Note 5 - Fair Value of Financia

Note 5 - Fair Value of Financial Instruments	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 5 FAIR VALUE OF FINANCIAL INSTRUMENTS The fair value measurement guidance clarifies that fair value is an exit price, representing the amount that would be received upon selling an asset or paid upon transferring a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. The guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 3 three Level 1 Level 2 not Level 3 no The following table sets forth certain fair value information at June 30, 2022 December 31, 2021 June 30, 2022 Fair Value Carrying Value at June 30, 2022 Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets: Current assets: Cash equivalents (including restricted cash accounts) $ 24,407 $ 24,407 $ 24,407 $ — $ — Marketable securities (including cash equivalents) 136 136 136 — — Long-term Assets: Cross currency swap (3) 2,331 2,331 — 2,331 — Liabilities: Current liabilities: Derivatives: Cross currency swap (3) (2,402 ) (2,402 ) — (2,402 ) — Currency forward contracts (2) (3,098 ) (3,098 ) — (3,098 ) — Long term liabilities: Contingent payables (1) (2,246 ) (2,246 ) — — (2,246 ) $ 19,128 $ 19,128 $ 24,543 $ (3,169 ) $ (2,246 ) December 31, 2021 Fair Value Carrying Value at December 31, 2021 Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets Current assets: Cash equivalents (including restricted cash accounts) $ 31,675 $ 31,675 $ 31,675 $ — $ — Marketable securities 47,029 47,029 47,029 — — Derivatives: Cross currency swap (3) 1,461 1,461 — 1,461 — Currency forward contracts (2) 813 813 — 813 — Long-term assets: Cross currency swap (3) 37,883 37,883 — 37,883 — Liabilities: Long-term liabilities: Contingent payables (1) (2,425 ) (2,425 ) — — (2,425 ) $ 116,436 $ 116,436 $ 78,704 $ 40,157 $ (2,425 ) 1. These amounts relate to contingent payables and warrants pertaining to the Guadeloupe power plant purchase transaction, valued primarily based on unobservable inputs and are included within “Other long-term liabilities” in the condensed consolidated balance sheets on June 30, 2022 December 31, 2021, 2. These amounts relate to currency forward contracts valued primarily based on observable inputs, including forward and spot prices for currencies, net of contracted rates and then multiplied by notional amounts, and are included within “Receivables, other” and "Accounts payable and accrued expenses", as applicable, in the condensed consolidated balance sheets on June 30, 2022 December 31, 2021, 3. These amounts relate to cross currency swap contracts valued primarily based on the present value of the cross currency swap future settlement prices for U.S. Dollar ("USD") and New Israeli Shekel ("NIS") zero June 30, 2022 December 31, 2021, June 30, 2022 December 31, 2021. June 30, 2022 December 31, 2021. The following table presents the amounts of gain (loss) recognized in the consolidated statements of operations and comprehensive income on derivative instruments (in thousands): Amount of recognized gain (loss) Amount of recognized gain (loss) Derivatives not designated as hedging instruments Location of recognized gain (loss) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Swap transaction on Responsive Reserve System ("RRS") prices (1) Derivative and foreign currency transaction gains (losses) $ — $ — — (14,540 ) Currency forward contracts (1) Derivative and foreign currency transaction gains (losses) $ (4,498 ) $ 1,200 $ (4,706 ) $ (269 ) Derivatives designated as cash flow hedging instruments Cross currency swap (2) Derivative and foreign currency transaction gains (losses) $ (28,733 ) $ 6,808 $ (35,415 ) $ (4,294 ) ( 1 not third January 1, 2021 April 1, 2021. ( 2 1 There were no 1, 2 3 six June 30, 2022. The following table presents the effect of derivative instruments designated as cash flow hedges on the condensed consolidated statements of operations and comprehensive income (loss) for the three six June 30, 2022: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Cross currency swap cash flow hedge: Balance in Accumulated other comprehensive income (loss) beginning of period $ 3,840 $ 568 $ 5,745 $ 3,366 Gain or (loss) recognized in Other comprehensive income (loss) (30,828 ) 7,006 (39,415 ) (6,894 ) Amount reclassified from Other comprehensive income (loss) into earnings 28,733 (6,808 ) 35,415 4,294 Balance in Accumulated other comprehensive income (loss) end of period $ 1,745 $ 766 $ 1,745 $ 766 The estimated net amount of existing gain (loss) that is reported in "Accumulated other comprehensive income (loss)" as of June 30, 2022 12 June 2031. The fair value of the Company’s long-term debt approximates its carrying amount, except for the following: Fair Value Carrying Amount (*) June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 (Dollars in millions) (Dollars in millions) Mizrahi Loan $ 78.1 $ — $ 75.0 $ — Convertible Senior Notes 431.3 — 431.3 — HSBC Loan 44.5 50.4 46.4 50.0 Hapoalim Loan 101.5 117.8 107.1 116.1 Discount Loan 88.6 100.2 93.8 100.0 Finance liability - Dixie Valley 230.4 248.4 249.1 252.9 Olkaria III Loan - DFC 146.0 166.5 147.7 156.7 Olkaria III plant 4 Loan - DEG 2 29.5 34.1 30.0 32.5 Olkaria III plant 1 Loan - DEG 3 26.0 30.1 26.2 28.4 Platanares Loan - DFC 86.2 98.2 84.0 88.1 Amatitlan Loan 17.1 19.8 17.5 19.3 OFC 2 LLC ("OFC 2") 159.7 183.3 164.9 173.3 Don A. Campbell 1 ("DAC 1") 60.7 69.8 64.8 67.9 USG Prudential - NV 25.3 28.9 25.8 26.3 USG Prudential - ID 16.3 17.3 16.4 17.3 USG DOE 34.9 39.9 34.2 35.5 Senior Unsecured Bonds 273.7 578.9 257.1 539.6 Senior Unsecured Loan 179.5 204.3 183.2 191.6 Plumstriker 13.2 14.8 13.2 14.7 Other long-term debt 10.6 13.3 11.2 13.6 (*) The fair value of the long-term debt is determined by a valuation model, which is based on a conventional discounted cash flow methodology and utilizes assumptions of current borrowing rates. As disclosed above under Note 1 19 may The carrying value of cash and cash equivalents, receivables, deposits and accounts payable (included in the condensed consolidated balance sheets) approximates their fair value. The following table presents the fair value of financial instruments as of June 30, 2022: Level 1 Level 2 Level 3 Total (Dollars in millions) Mizrahi Loan $ — $ — $ 78.1 $ 78.1 Convertible Senior Notes — 431.3 — 431.3 HSBC Loan — — 44.5 44.5 Hapoalim Loan — — 101.5 101.5 Discount Loan — — 88.6 88.6 Finance liability - Dixie Valley — — 230.4 230.4 Olkaria III Loan - DFC — — 146.0 146.0 Olkaria III plant 4 Loan - DEG 2 — — 29.5 29.5 Olkaria III plant 1 Loan - DEG 3 — — 26.0 26.0 Platanares Loan - DFC — — 86.2 86.2 Amatitlan Loan — 17.1 — 17.1 OFC 2 Senior Secured Notes — — 159.7 159.7 DAC 1 Senior Secured Notes — — 60.7 60.7 USG Prudential - NV — — 25.3 25.3 USG Prudential - ID — — 16.3 16.3 USG DOE — — 34.9 34.9 Senior Unsecured Bonds — — 273.7 273.7 Senior Unsecured Loan — — 179.5 179.5 Plumstriker — 13.2 — 13.2 Other long-term debt — — 10.6 10.6 Deposits 15.0 — — 15.0 The following table presents the fair value of financial instruments as of December 31, 2021: Level 1 Level 2 Level 3 Total (Dollars in millions) HSBC Loan $ — $ — $ 50.4 $ 50.4 Hapoalim Loan — — 117.8 117.8 Discount Loan — — 100.2 100.2 Financing Liability - Dixie Valley — — 248.4 248.4 Olkaria III Loan - DFC — — 166.5 166.5 Olkaria IV - DEG 2 — — 34.1 34.1 Olkaria IV - DEG 3 — — 30.1 30.1 Platanares Loan - DFC — — 98.2 98.2 Amatitlan Loan — 19.8 — 19.8 OFC 2 Senior Secured Notes — — 183.3 183.3 DAC 1 Senior Secured Notes — — 69.8 69.8 USG Prudential - NV — — 28.9 28.9 USG Prudential - ID — — 17.3 17.3 USG DOE — — 39.9 39.9 Senior Unsecured Bonds — — 578.9 578.9 Senior Unsecured Loan — — 204.3 204.3 Plumstriker — 14.8 — 14.8 Other long-term debt — — 13.3 13.3 Deposits 17.1 — — 17.1

Note 6 - Stock-based Compensati

Note 6 - Stock-based Compensation	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	NOTE 6 STOCK-BASED COMPENSATION In March 2022, 2018 six 1 4 The fair value of each SAR, RSU and PSU on the grant date was $22.31, $69.9 and $75.3, respectively. The Company calculated the fair value of each SAR and RSU on the grant date using the complex lattice, tree-based option-pricing model based on the following assumptions: Risk-free interest rates 1.3%-1.6 % Expected life (in years) 2-5.75 Dividend yield 0.67 % Expected volatility (weighted average) 32.8%-46.1 %

Note 7 - Interest Expense, Net

Note 7 - Interest Expense, Net	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Interest Expense Disclosure [Text Block]	NOTE 7 INTEREST EXPENSE, NET The components of interest expense are as follows: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Interest related to sale of tax benefits $ 3,463 $ 2,545 $ 6,894 $ 4,938 Interest expense 22,492 19,646 44,978 39,320 Less — amount capitalized (5,537 ) (3,565 ) (10,373 ) (6,616 ) Total interest expense, net $ 20,418 $ 18,626 $ 41,499 $ 37,642

Note 8 - Earnings Per Share

Note 8 - Earnings Per Share	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	NOTE 8 EARNINGS PER SHARE Basic earnings per share attributable to the Company’s stockholders is computed by dividing net income or loss attributable to the Company’s stockholders by the weighted average number of shares of common stock outstanding for the period. The Company does not The table below shows the reconciliation of the number of shares used in the computation of basic and diluted earnings per share (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Weighted average number of shares used in computation of basic earnings per share: 56,114 55,992 56,089 55,990 Additional shares from the assumed exercise of employee stock awards 384 324 342 512 Weighted average number of shares used in computation of diluted earnings per share 56,498 56,316 56,431 56,502 The number of stock-based awards that could potentially dilute future earnings per share and that were not three June 30, 2022 2021, six June 30, 2022 2021, As per ASU 2020 06, three six June 30, 2022, not not no

Note 9 - Business Segments

Note 9 - Business Segments	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 9 BUSINESS SEGMENTS The Company has three reporting segments: the Electricity segment, the Product segment and the Energy Storage segment. These segments are managed and reported separately as each offers different products and serves different markets. • Under the Electricity segment, the Company builds, owns and operates geothermal, solar PV and recovered energy-based ("REG") power plants in the United States and geothermal power plants in foreign countries, and sells the electricity generated by those power plants. • Under the Product segment, the Company designs, manufactures and sells equipment for geothermal and recovered energy-based electricity generation and remote power units and provides services relating to the engineering, procurement and construction ("EPC") of geothermal and recovered energy-based power plants. • Under the Energy Storage segment, the Company provides energy storage and related services as well as services relating to the engineering, procurement, construction, operation and maintenance of energy storage units. Transfer prices between the operating segments are determined based on current market values or cost-plus markup of the seller’s business segment. Summarized financial information concerning the Company’s reportable segments is shown in the following tables, including the Company's disaggregated revenues from contracts with customers: Electricity Product Energy Storage Consolidated (Dollars in thousands) Three Months Ended June 30, 2022: Revenues from external customers: United States (1) $ 105,193 $ 1,134 $ 7,491 $ 113,818 Foreign (2) 46,002 9,258 — 55,260 Net revenue from external customers 151,195 10,392 7,491 169,078 Intersegment revenues (4) — 22,097 — — Operating income (loss) 40,466 (2,276 ) 417 38,607 Segment assets at period end (3) (*) 4,222,340 122,221 197,415 4,541,976 * Including unconsolidated investments 114,699 — — 114,699 Three Months Ended June 30, 2021: Revenues from external customers: United States (1) $ 87,564 $ 647 $ 5,627 $ 93,838 Foreign (2) 46,300 6,763 — 53,063 Net revenue from external customers 133,864 7,410 5,627 146,901 Intersegment revenues (4) — 51,038 — — Operating income (loss) 30,018 (427 ) (972 ) 28,619 Segment assets at period end (3) (*) 3,530,256 122,868 165,426 3,818,550 * Including unconsolidated investments 103,890 — — 103,890 Six Months Ended June 30, 2022: Revenues from external customers: United States (1) $ 221,302 $ 1,669 $ 14,048 $ 237,019 Foreign (2) 92,418 23,351 — 115,769 Net revenue from external customers 313,720 25,020 14,048 352,788 Intersegment revenues (4) — 43,000 — — Operating income (loss) 88,041 (3,851 ) (505 ) 83,685 Segment assets at period end (3) 4,222,340 122,221 197,415 4,541,976 * Including unconsolidated investments 114,699 — — 114,699 Six Months Ended June 30, 2021: Revenues from external customers: United States (1) $ 186,540 $ 2,500 $ 18,348 $ 207,388 Foreign (2) 92,312 13,553 — 105,865 Net revenue from external customers 278,852 16,053 18,348 313,253 Intersegment revenues (4) — 76,372 — — Operating income (loss) 77,767 (1,638 ) 2,379 78,508 Segment assets at period end (3) 3,530,256 122,868 165,426 3,818,550 * Including unconsolidated investments 103,890 — — 103,890 ( 1 Electricity segment revenues in the United States are all accounted under lease accounting except for $23.2 million and $46.0 million for the three six June 30, 2022, three six June 30, 2021, 606. 606. ( 2 Electricity segment revenues in foreign countries are all accounted under lease accounting. Product segment revenues in foreign countries are accounted under ASC 606. ( 3 Electricity segment assets include goodwill in the amount of $85.6 million and $20.2 million as of June 30, 2022 2021, June 30, 2022 2021, June 30, 2022 2021. ( 4 Intersegment revenues are fully eliminated in consolidation. Reconciling information between reportable segments and the Company’s consolidated totals is shown in the following table: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Revenues: Total segment revenues $ 169,078 $ 146,901 $ 352,788 $ 313,253 Intersegment revenues 22,097 51,038 43,000 76,372 Elimination of intersegment revenues (22,097 ) (51,038 ) (43,000 ) (76,372 ) Total consolidated revenues $ 169,078 $ 146,901 $ 352,788 $ 313,253 Operating income: Operating income $ 38,607 $ 28,619 $ 83,685 $ 78,508 Interest income 179 808 521 1,071 Interest expense, net (20,418 ) (18,626 ) (41,499 ) (37,642 ) Derivatives and foreign currency transaction gains (losses) (3,998 ) 658 (3,738 ) (16,208 ) Income attributable to sale of tax benefits 9,527 7,420 17,232 13,775 Other non-operating income (expense), net (1,260 ) (21 ) (1,185 ) (352 ) Total consolidated income before income taxes and equity in income of investees $ 22,637 $ 18,858 $ 55,016 $ 39,152

Note 10 - Commitments and Conti

Note 10 - Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	NOTE 10 COMMITMENTS AND CONTINGENCIES • On March 29, 2016, 27th 10 11th April 16, 2020, 11th not May 2020, October 19, 2020, two may • On March 3, 2021, 23 July 1, 2021, 10 20 1934, March 1, 2021. April 13, 2022, • On September 14, 2021, may • On December 15, 2021, No January 4, 2022. January 14, 2022, 90 June 15, 2022, February 2022. August 1, 2022, 90 not April 4, 2022, 1973 July 6, 2022 7 1 2 December 31, 2022, no may June 30, 2022, In addition, from time to time, the Company is named as a party to various other lawsuits, claims and other legal and regulatory proceedings that arise in the ordinary course of the Company's business. These actions typically seek, among other things, compensation for alleged personal injury, breach of contract, property damage, punitive damages, civil penalties or other losses, or injunctive or declaratory relief. With respect to such lawsuits, claims and proceedings, the Company accrues reserves when a loss is probable, and the amount of such loss can be reasonably estimated. It is the opinion of the Company’s management that the outcome of these proceedings, individually and collectively, will not Other matters On March 2, 2021,

Note 11 - Income Taxes

Note 11 - Income Taxes	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 11 INCOME TAXES The Company’s effective tax rate provision for the three June 30, 2022 2021 six June 30, 2022 2021, In response to the COVID- 19 March 27, 2020 six June 30, 2022, no 19

Note 12 - Subsequent Events

Note 12 - Subsequent Events	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 12 SUBSEQUENT EVENTS Cash Dividend On August 3, 2022, August 17, 2022 August 31, 2022 Dixie Meadows On August 1, 2022, 12MW 10

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	These unaudited condensed consolidated interim financial statements of Ormat Technologies, Inc. and its subsidiaries (collectively, the “Company”) have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) for interim financial statements. Accordingly, they do not June 30, 2022, three six June 30, 2022 2021 six June 30, 2022 2021. The financial data and other information disclosed in the notes to the condensed consolidated financial statements related to these periods are unaudited. The results for the periods presented are not These condensed unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10 December 31, 2021. December 31, 2021 December 31, 2021 not Dollar amounts, except per share data, in the notes to these financial statements are rounded to the closest $1,000.
Convertible Senior Notes [Policy Text Block]	Convertible Senior Notes On June 22, 2022, 2027 144A 1933, June 27, 2022, January 15 July 15 January 15, 2023. July 15, 2027, Holders of the Notes may January 15, 2027 1 September 30, 2022 ( not 2 five five $1,000 3 may not July 21, 2025), second 4 January 15, 2027 second may may The initial conversion rate was 11.0776 shares of common stock per $1,000 may may not July 21, 2025. may July 21, 2025 41st not may The Company incurred approximately $10.9 million of issuance costs in respect of the issuance of the Notes, which were deferred and are presented as a reduction to the Notes principal amounts on the condensed consolidated balance sheets. The deferred issuance costs are amortized over the term of the Notes into interest expenses, net in the condensed consolidated statements of operations and comprehensive income. During the three six June 30, 2022, Based on the closing market price of the Company's common stock on June 30, 2022,
Contract Indexed to Issuer's Equity [Policy Text Block]	Capped Call Transactions In connection with the issuance of the convertible notes described above, the Company entered into capped call transactions (the "Capped Calls") with certain counterparties. The capped call transactions will cover, subject to customary adjustments, the number of shares of our common stock initially underlying the Notes of approximately 4.8 million shares of common stock and at an initial strike price of $90.27 per share. The Capped Calls are generally intended to reduce the potential dilution to the Company's Common Stock upon any conversion of the Notes and/or offset any cash payments the Company is required to make in excess of the principal amount of converted Notes, in the event that at the time of conversion, the Common Stock price exceeds the conversion price. If, however, the market price per share of Common Stock exceeds the cap price of the Capped Calls, there would nevertheless be dilution or there would not The Capped Calls exercise price is equal to the $90.27 initial conversion price of each of the Notes and the cap price of the Capped Calls is initially $107.63 per share, which represents a premium of approximately 55% above the closing price of the Company's common stock on the date of the Notes offering and is subject to customary anti-dilution adjustments. The Capped Calls transactions are separate transactions entered into by the Company with the option counterparties, are not not The Company paid approximately $24.5 million for the Capped Calls which was recorded as a reduction to Additional Paid-in Capital in the condensed consolidated statements of equity in the second 2022, no 815, not
Stockholders' Equity, Policy [Policy Text Block]	Purchase of Treasury Stock In connection with the issuance of the Notes as described above, the Company used approximately $18.0 million of the net proceeds from the issuance of these Notes to repurchase 258,667 shares of its common stock in privately negotiated transactions at a price of $69.45 per share. The Company recorded this purchase of treasury stocks as a reduction to its equity on the condensed consolidated statements of equity in the second 2022.
Unsecured Bonds [Policy Text Block]	Prepayment of Series 3 Additionally, in connection with the issuance of the Notes as described above, on June 27, 2022, 3 September 2022 three six June 30, 2022
Bank Loan [Policy Text Block]	Mizrahi Bank Loan On April 12, 2022, October 12, 2022. not not not
Property, Plant and Equipment, Impairment [Policy Text Block]	Heber 1 The Company's 40 1 February 25, 2022 1 81 April, 1 20 second 2023. The Company holds business interruption insurance subject to a 45 second 2022, second 2022
Effect of COVID-19 Pandemic, Policy [Policy Text Block]	COVID- 19 In March 2020, 19" 19 second 2021, 19 not 19 19 19 In the Product segment, the Company experienced a significant decline in product backlog, which it believes resulted mainly due to the impact of COVID- 19 In the Energy Storage segment, revenues are generated primarily from participating in the energy and ancillary services markets and therefore are directly impacted by the prevailing energy prices in those markets. We have experienced and are experiencing supply chain difficulties, as well as an increase in the cost of raw materials and batteries, which may While the extent and duration of the economic downturn from the COVID- 19 may 19 no
Exploratory Drilling Costs Capitalization and Impairment, Policy [Policy Text Block]	Write-offs of unsuccessful exploration activities There were no write-offs of unsuccessful exploration activities for the three six June 30, 2022 2021.
Cash and Cash Equivalents, Policy [Policy Text Block]	Reconciliation of cash and cash equivalents and restricted cash and cash equivalents The following table provides a reconciliation of cash and cash equivalents and restricted cash and cash equivalents as reported on the balance sheet to the total of the same amounts shown on the statement of cash flows: December June 30, 31, June 30, 2022 2021 2021 (Dollars in thousands) Cash and cash equivalents $ 263,425 $ 239,278 $ 250,009 Restricted cash and cash equivalents 92,956 104,166 79,868 Total Cash and cash equivalents and restricted cash and cash equivalents $ 356,381 $ 343,444 $ 329,877
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentration of credit risk Financial instruments that potentially subject the Company to a concentration of credit risk consist principally of temporary cash investments, marketable securities and accounts receivable. The Company places its temporary cash investments with high credit quality financial institutions located in the United States (“U.S.”) and in foreign countries. At June 30, 2022 December 31, 2021, ten $250,000 June 30, 2022 December 31, 2021, At June 30, 2022 December 31, 2021, June 30, 2022 December 31, 2021, 10% The Company's revenues from its primary customers as a percentage of total revenues are as follows: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Sierra Pacific Power Company and Nevada Power Company 17.7 % 19.5 % 18.6 % 20.3 % Southern California Public Power Authority (“SCPPA”) 21.3 25.5 21.6 25.2 Kenya Power and Lighting Co. Ltd. ("KPLC") 15.5 17.3 14.8 16.4 The Company has historically been able to collect on substantially all of its receivable balances. As of June 30, 2022, $9.6 July 2022. In Honduras, as of June 30, 2022, July 2022. 19 may The Company may 19 See Note 4
Receivables, Trade and Other Accounts Receivable, Allowance for Doubtful Accounts, Policy [Policy Text Block]	Allowance for credit losses The Company performs an analysis of potential credit losses related to its financial instruments that are within the scope of ASU 2018 19, 325, may 19 19 not The following table describes the changes in the allowance for expected credit losses for the three six June 30, 2022 2021 Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Beginning balance of the allowance for expected credit losses $ 90 $ 597 $ 90 $ 597 Change in the provision for expected credit losses for the period — (178 ) — (178 ) Ending balance of the allowance for expected credit losses $ 90 $ 419 $ 90 $ 419
Revenue [Policy Text Block]	Revenues from contracts with customers Contract assets related to our Product segment reflect revenue recognized and performance obligations satisfied in advance of customer billing. Contract liabilities related to the Company's Product segment reflect payments received in advance of the satisfaction of performance under the contract. The Company receives payments from customers based on the terms established in the contracts. Total contract assets and contract liabilities as of June 30, 2022 December 31, 2021 June 30, December 31, 2022 2021 (Dollars in thousands) Contract assets (*) $ 13,823 $ 9,692 Contract liabilities (*) $ (12,707 ) $ (9,248 ) (*) Contract assets and contract liabilities are presented as "Costs and estimated earnings in excess of billings on uncompleted contracts" and "Billings in excess of costs and estimated earnings on uncompleted contracts", respectively, on the condensed consolidated balance sheets. The contract liabilities balance at the beginning of the year was not six June 30, 2022 not On June 30, 2022, not Disaggregated revenues from contracts with customers for the three six June 30, 2022 2021 9
Lessor, Leases [Policy Text Block]	Leases in which the Company is a lessor The table below presents lease income recognized as a lessor: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Lease income relating to lease payments from operating leases $ 127,472 $ 113,113 $ 267,153 $ 238,860
Marketable Securities, Policy [Policy Text Block]	Marketable securities The Company’s investments in marketable securities consist of debt securities with maturity of up to one three
Derivatives, Policy [Policy Text Block]	Derivative instruments Derivative instruments (including certain derivative instruments embedded in other contracts) are measured at their fair value and recorded as either assets or liabilities unless exempted from derivative treatment as a normal purchase and sale. Changes in the fair value of derivatives not The Company maintains a risk management strategy that may

Note 1 - General and Basis of_2

Note 1 - General and Basis of Presentation (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Cash and Cash Equivalents [Table Text Block]	December June 30, 31, June 30, 2022 2021 2021 (Dollars in thousands) Cash and cash equivalents $ 263,425 $ 239,278 $ 250,009 Restricted cash and cash equivalents 92,956 104,166 79,868 Total Cash and cash equivalents and restricted cash and cash equivalents $ 356,381 $ 343,444 $ 329,877
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Sierra Pacific Power Company and Nevada Power Company 17.7 % 19.5 % 18.6 % 20.3 % Southern California Public Power Authority (“SCPPA”) 21.3 25.5 21.6 25.2 Kenya Power and Lighting Co. Ltd. ("KPLC") 15.5 17.3 14.8 16.4
Accounts Receivable, Allowance for Credit Loss [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Beginning balance of the allowance for expected credit losses $ 90 $ 597 $ 90 $ 597 Change in the provision for expected credit losses for the period — (178 ) — (178 ) Ending balance of the allowance for expected credit losses $ 90 $ 419 $ 90 $ 419
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	June 30, December 31, 2022 2021 (Dollars in thousands) Contract assets (*) $ 13,823 $ 9,692 Contract liabilities (*) $ (12,707 ) $ (9,248 )
Operating Lease, Lease Income [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Lease income relating to lease payments from operating leases $ 127,472 $ 113,113 $ 267,153 $ 238,860

Note 3 - Inventories (Tables)

Note 3 - Inventories (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Inventory, Current [Table Text Block]	June 30, December 31, 2022 2021 (Dollars in thousands) Raw materials and purchased parts for assembly $ 13,206 $ 11,539 Self-manufactured assembly parts and finished products 19,007 16,906 Total inventories $ 32,213 $ 28,445

Note 4 - Marketable Securities

Note 4 - Marketable Securities (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Debt Securities, Available-for-Sale [Table Text Block]	June 30, 2022 December 31, 2021 Amortized cost Gross unrealized gains Gross unrealized losses Fair value Amortized cost Gross unrealized gains Gross unrealized losses Fair value (Dollars in thousands) (Dollars in thousands) Debt security type: Corporate bonds $ — $ — $ — $ — $ 32,302 $ — $ (36 ) $ 32,529 Commercial paper — — — — 8,891 — — 8,891 Money market funds 136 — — 136 3,686 — — 3,686 Foreign issuers — — — — 1,920 — (4 ) 1,923 Total debt securities available for sale $ 136 $ — $ — $ 136 $ 46,799 $ — $ (40 ) $ 47,029
Investments Classified by Contractual Maturity Date [Table Text Block]	June 30, 2022 December 31, 2021 Less than 12 months Greater than 12 months Less than 12 months Greater than 12 months Fair value Gross unrealized loss Fair value Gross unrealized loss Fair value Gross unrealized loss Fair value Gross unrealized loss (Dollars in thousands) (Dollars in thousands) Debt security type: Corporate bonds $ — $ — $ — $ — $ 32,529 $ (36 ) $ — $ — Commercial paper — — — — 8,891 — — — Money market funds 136 — — — 3,686 — — — Foreign issuers — — — — 1,923 (4 ) — — Total debt securities available for sale $ 136 $ — $ — $ — $ 47,029 $ (40 ) $ — $ —

Note 5 - Fair Value of Financ_2

Note 5 - Fair Value of Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Fair Value, by Balance Sheet Grouping [Table Text Block]	June 30, 2022 Fair Value Carrying Value at June 30, 2022 Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets: Current assets: Cash equivalents (including restricted cash accounts) $ 24,407 $ 24,407 $ 24,407 $ — $ — Marketable securities (including cash equivalents) 136 136 136 — — Long-term Assets: Cross currency swap (3) 2,331 2,331 — 2,331 — Liabilities: Current liabilities: Derivatives: Cross currency swap (3) (2,402 ) (2,402 ) — (2,402 ) — Currency forward contracts (2) (3,098 ) (3,098 ) — (3,098 ) — Long term liabilities: Contingent payables (1) (2,246 ) (2,246 ) — — (2,246 ) $ 19,128 $ 19,128 $ 24,543 $ (3,169 ) $ (2,246 ) December 31, 2021 Fair Value Carrying Value at December 31, 2021 Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets Current assets: Cash equivalents (including restricted cash accounts) $ 31,675 $ 31,675 $ 31,675 $ — $ — Marketable securities 47,029 47,029 47,029 — — Derivatives: Cross currency swap (3) 1,461 1,461 — 1,461 — Currency forward contracts (2) 813 813 — 813 — Long-term assets: Cross currency swap (3) 37,883 37,883 — 37,883 — Liabilities: Long-term liabilities: Contingent payables (1) (2,425 ) (2,425 ) — — (2,425 ) $ 116,436 $ 116,436 $ 78,704 $ 40,157 $ (2,425 )
Derivative Instruments, Gain (Loss) [Table Text Block]	Amount of recognized gain (loss) Amount of recognized gain (loss) Derivatives not designated as hedging instruments Location of recognized gain (loss) Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Swap transaction on Responsive Reserve System ("RRS") prices (1) Derivative and foreign currency transaction gains (losses) $ — $ — — (14,540 ) Currency forward contracts (1) Derivative and foreign currency transaction gains (losses) $ (4,498 ) $ 1,200 $ (4,706 ) $ (269 ) Derivatives designated as cash flow hedging instruments Cross currency swap (2) Derivative and foreign currency transaction gains (losses) $ (28,733 ) $ 6,808 $ (35,415 ) $ (4,294 )
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Cross currency swap cash flow hedge: Balance in Accumulated other comprehensive income (loss) beginning of period $ 3,840 $ 568 $ 5,745 $ 3,366 Gain or (loss) recognized in Other comprehensive income (loss) (30,828 ) 7,006 (39,415 ) (6,894 ) Amount reclassified from Other comprehensive income (loss) into earnings 28,733 (6,808 ) 35,415 4,294 Balance in Accumulated other comprehensive income (loss) end of period $ 1,745 $ 766 $ 1,745 $ 766
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	Fair Value Carrying Amount (*) June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 (Dollars in millions) (Dollars in millions) Mizrahi Loan $ 78.1 $ — $ 75.0 $ — Convertible Senior Notes 431.3 — 431.3 — HSBC Loan 44.5 50.4 46.4 50.0 Hapoalim Loan 101.5 117.8 107.1 116.1 Discount Loan 88.6 100.2 93.8 100.0 Finance liability - Dixie Valley 230.4 248.4 249.1 252.9 Olkaria III Loan - DFC 146.0 166.5 147.7 156.7 Olkaria III plant 4 Loan - DEG 2 29.5 34.1 30.0 32.5 Olkaria III plant 1 Loan - DEG 3 26.0 30.1 26.2 28.4 Platanares Loan - DFC 86.2 98.2 84.0 88.1 Amatitlan Loan 17.1 19.8 17.5 19.3 OFC 2 LLC ("OFC 2") 159.7 183.3 164.9 173.3 Don A. Campbell 1 ("DAC 1") 60.7 69.8 64.8 67.9 USG Prudential - NV 25.3 28.9 25.8 26.3 USG Prudential - ID 16.3 17.3 16.4 17.3 USG DOE 34.9 39.9 34.2 35.5 Senior Unsecured Bonds 273.7 578.9 257.1 539.6 Senior Unsecured Loan 179.5 204.3 183.2 191.6 Plumstriker 13.2 14.8 13.2 14.7 Other long-term debt 10.6 13.3 11.2 13.6 (*)
Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis [Table Text Block]	Level 1 Level 2 Level 3 Total (Dollars in millions) Mizrahi Loan $ — $ — $ 78.1 $ 78.1 Convertible Senior Notes — 431.3 — 431.3 HSBC Loan — — 44.5 44.5 Hapoalim Loan — — 101.5 101.5 Discount Loan — — 88.6 88.6 Finance liability - Dixie Valley — — 230.4 230.4 Olkaria III Loan - DFC — — 146.0 146.0 Olkaria III plant 4 Loan - DEG 2 — — 29.5 29.5 Olkaria III plant 1 Loan - DEG 3 — — 26.0 26.0 Platanares Loan - DFC — — 86.2 86.2 Amatitlan Loan — 17.1 — 17.1 OFC 2 Senior Secured Notes — — 159.7 159.7 DAC 1 Senior Secured Notes — — 60.7 60.7 USG Prudential - NV — — 25.3 25.3 USG Prudential - ID — — 16.3 16.3 USG DOE — — 34.9 34.9 Senior Unsecured Bonds — — 273.7 273.7 Senior Unsecured Loan — — 179.5 179.5 Plumstriker — 13.2 — 13.2 Other long-term debt — — 10.6 10.6 Deposits 15.0 — — 15.0 Level 1 Level 2 Level 3 Total (Dollars in millions) HSBC Loan $ — $ — $ 50.4 $ 50.4 Hapoalim Loan — — 117.8 117.8 Discount Loan — — 100.2 100.2 Financing Liability - Dixie Valley — — 248.4 248.4 Olkaria III Loan - DFC — — 166.5 166.5 Olkaria IV - DEG 2 — — 34.1 34.1 Olkaria IV - DEG 3 — — 30.1 30.1 Platanares Loan - DFC — — 98.2 98.2 Amatitlan Loan — 19.8 — 19.8 OFC 2 Senior Secured Notes — — 183.3 183.3 DAC 1 Senior Secured Notes — — 69.8 69.8 USG Prudential - NV — — 28.9 28.9 USG Prudential - ID — — 17.3 17.3 USG DOE — — 39.9 39.9 Senior Unsecured Bonds — — 578.9 578.9 Senior Unsecured Loan — — 204.3 204.3 Plumstriker — 14.8 — 14.8 Other long-term debt — — 13.3 13.3 Deposits 17.1 — — 17.1

Note 6 - Stock-based Compensa_2

Note 6 - Stock-based Compensation (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Risk-free interest rates 1.3%-1.6 % Expected life (in years) 2-5.75 Dividend yield 0.67 % Expected volatility (weighted average) 32.8%-46.1 %

Note 7 - Interest Expense, Net

Note 7 - Interest Expense, Net (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Other Nonoperating Expense, by Component [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Interest related to sale of tax benefits $ 3,463 $ 2,545 $ 6,894 $ 4,938 Interest expense 22,492 19,646 44,978 39,320 Less — amount capitalized (5,537 ) (3,565 ) (10,373 ) (6,616 ) Total interest expense, net $ 20,418 $ 18,626 $ 41,499 $ 37,642

Note 8 - Earnings Per Share (Ta

Note 8 - Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Weighted Average Number of Shares [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Weighted average number of shares used in computation of basic earnings per share: 56,114 55,992 56,089 55,990 Additional shares from the assumed exercise of employee stock awards 384 324 342 512 Weighted average number of shares used in computation of diluted earnings per share 56,498 56,316 56,431 56,502

Note 9 - Business Segments (Tab

Note 9 - Business Segments (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Electricity Product Energy Storage Consolidated (Dollars in thousands) Three Months Ended June 30, 2022: Revenues from external customers: United States (1) $ 105,193 $ 1,134 $ 7,491 $ 113,818 Foreign (2) 46,002 9,258 — 55,260 Net revenue from external customers 151,195 10,392 7,491 169,078 Intersegment revenues (4) — 22,097 — — Operating income (loss) 40,466 (2,276 ) 417 38,607 Segment assets at period end (3) (*) 4,222,340 122,221 197,415 4,541,976 * Including unconsolidated investments 114,699 — — 114,699 Three Months Ended June 30, 2021: Revenues from external customers: United States (1) $ 87,564 $ 647 $ 5,627 $ 93,838 Foreign (2) 46,300 6,763 — 53,063 Net revenue from external customers 133,864 7,410 5,627 146,901 Intersegment revenues (4) — 51,038 — — Operating income (loss) 30,018 (427 ) (972 ) 28,619 Segment assets at period end (3) (*) 3,530,256 122,868 165,426 3,818,550 * Including unconsolidated investments 103,890 — — 103,890 Six Months Ended June 30, 2022: Revenues from external customers: United States (1) $ 221,302 $ 1,669 $ 14,048 $ 237,019 Foreign (2) 92,418 23,351 — 115,769 Net revenue from external customers 313,720 25,020 14,048 352,788 Intersegment revenues (4) — 43,000 — — Operating income (loss) 88,041 (3,851 ) (505 ) 83,685 Segment assets at period end (3) 4,222,340 122,221 197,415 4,541,976 * Including unconsolidated investments 114,699 — — 114,699 Six Months Ended June 30, 2021: Revenues from external customers: United States (1) $ 186,540 $ 2,500 $ 18,348 $ 207,388 Foreign (2) 92,312 13,553 — 105,865 Net revenue from external customers 278,852 16,053 18,348 313,253 Intersegment revenues (4) — 76,372 — — Operating income (loss) 77,767 (1,638 ) 2,379 78,508 Segment assets at period end (3) 3,530,256 122,868 165,426 3,818,550 * Including unconsolidated investments 103,890 — — 103,890
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 (Dollars in thousands) (Dollars in thousands) Revenues: Total segment revenues $ 169,078 $ 146,901 $ 352,788 $ 313,253 Intersegment revenues 22,097 51,038 43,000 76,372 Elimination of intersegment revenues (22,097 ) (51,038 ) (43,000 ) (76,372 ) Total consolidated revenues $ 169,078 $ 146,901 $ 352,788 $ 313,253 Operating income: Operating income $ 38,607 $ 28,619 $ 83,685 $ 78,508 Interest income 179 808 521 1,071 Interest expense, net (20,418 ) (18,626 ) (41,499 ) (37,642 ) Derivatives and foreign currency transaction gains (losses) (3,998 ) 658 (3,738 ) (16,208 ) Income attributable to sale of tax benefits 9,527 7,420 17,232 13,775 Other non-operating income (expense), net (1,260 ) (21 ) (1,185 ) (352 ) Total consolidated income before income taxes and equity in income of investees $ 22,637 $ 18,858 $ 55,016 $ 39,152

Note 1 - General and Basis of_3

Note 1 - General and Basis of Presentation 1 (Details Textual) $ / shares in Units, $ in Thousands				1 Months Ended	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 27, 2022 USD ($)	Jun. 22, 2022 USD ($) $ / shares shares	Apr. 12, 2022 USD ($)	Jul. 31, 2022 USD ($)	Jun. 30, 2022 USD ($) $ / shares shares	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) $ / shares	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($) $ / shares
Proceeds from Notes Payable, Total							$ 420,400	$ 0
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares		$ 0.001			$ 0.001		$ 0.001		$ 0.001
Purchase of Capped Call Instruments							$ 24,538	0
Payments for Repurchase of Common Stock					$ 18,000		17,964	0
Treasury Stock, Shares, Acquired (in shares) | shares					258,667
Treasury Stock Acquired, Average Cost Per Share (in dollars per share) | $ / shares					$ 69.45
Repayments of Long-Term Debt, Total							96,875	36,481
Exploration Abandonment and Impairment Expense					$ 0	$ 0	0	$ 0
Cash, FDIC Insured Amount					36,300		36,300		$ 31,000
Cash, Uninsured Amount					55,700		55,700		64,300
Accounts Receivable, after Allowance for Credit Loss, Current, Total					123,398		123,398		$ 122,944
Kenya Power and Lighting Co Limited [Member]
Accounts Receivable, Past Due					27,200		27,200
Kenya Power and Lighting Co Limited [Member] | Subsequent Event [Member]
Proceeds, Overdue Accounts Receivable				$ 9,600
ENEE [Member]
Accounts Receivable, Past Due					21,400		$ 21,400
ENEE [Member] | Subsequent Event [Member]
Proceeds, Overdue Accounts Receivable				$ 900
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Primary Customers [Member]
Concentration Risk, Percentage							51%		58%
Non-US [Member]
Accounts Receivable, after Allowance for Credit Loss, Current, Total					82,900		$ 82,900		$ 77,500
Fire [Member]
Insurance Recoveries					4,000
Increase (Decrease) in Insurance Settlements Receivable					(600)
Gain on Business Interruption Insurance Recovery					3,400
Senior Unsecured Bonds, Series 3 [Member]
Repayments of Long-Term Debt, Total	$ 221,900
Extinguishment of Debt, Amount	218,000
Interest Paid, Including Capitalized Interest, Operating and Investing Activities, Total	2,800
Debt Instrument, Unamortized Premium, Total	1,100
Mizrahi Loan Agreement [Member]
Debt Instrument, Face Amount			$ 75,000
Debt Instrument, Interest Rate, Stated Percentage			4.10%
Debt Instrument, Number of Payments			16
Debt Instrument, Periodic Payment, Total			$ 4,700
Debt Instrument, Date of First Required Payment			Oct. 12, 2022
Debt Instrument, Term (Year)			8 years
Debt Instrument, Covenant, Debt to Adjusted EBITDA Ratio			6%
Debt Instrument, Covenant, Minimum Equity Capital			$ 750,000
Debt Instrument, Covenant, Equity Capital to Total Assets Ratio			25%
Call Option [Member]
Option Indexed to Issuer's Equity, Shares (in shares) | shares		4,800,000
Option Indexed to Issuer's Equity, Strike Price (in dollars per share) | $ / shares		$ 90.27
Option Indexed to Issuer's Equity, Cap Price		107.63%
Option Indexed to Issuer's Equity, Premium Percentage		55%
Purchase of Capped Call Instruments					24,500
Convertible Senior Notes [Member]
Debt Instrument, Face Amount	431,250	$ 375,000
Debt Instrument, Interest Rate, Stated Percentage		2.50%
Proceeds from Notes Payable, Total	$ 56,250
Debt Instrument, Convertible, Threshold Trading Days		20
Debt Instrument, Convertible, Threshold Consecutive Trading Days		30
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger		130%
Debt Instrument, Convertible, Conversion Price (in dollars per share) | $ / shares		$ 90.27
Debt Instrument, Convertible, Threshold Trading Days, Measurement Period Request (Year)		5 years
Debt Instrument, Convertible, Maximum Percentage of Stock Price Trigger Per $1000		98%
Debt Instrument, Convertible, Conversion Shares Per $1000		11.0776
Debt Instrument, Redemption Price, Percentage		100%
Debt Instrument, Cumulative Sinking Fund Payments		$ 0
Debt Issuance Costs, Gross		$ 10,900
Amortization of Debt Issuance Costs					$ 18,000		$ 18,000
Debt Instrument, Interest Rate, Effective Percentage					3.10%		3.10%

Note 1 - General and Basis of_4

Note 1 - General and Basis of Presentation 2 (Details Textual) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01 - Product [Member] $ in Millions	Jun. 30, 2022 USD ($)
Revenue, Remaining Performance Obligation, Amount	$ 54.9
Revenue, Remaining Performance Obligation, Percentage	100%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period (Month)	24 months

Note 1 - General and Basis of_5

Note 1 - General and Basis of Presentation - Cash and Restricted Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Cash and cash equivalents	$ 263,425	$ 239,278	$ 250,009
Restricted cash and cash equivalents	92,956	104,166	79,868
Total Cash and cash equivalents and restricted cash and cash equivalents	$ 356,381	$ 343,444	$ 329,877	$ 536,778

Note 1 - General and Basis of_6

Note 1 - General and Basis of Presentation - Customers as a Percentage of Total Revenues (Details) - Revenue Benchmark [Member] - Customer Concentration Risk [Member]	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Sierra Pacific Power Company And Nevada Power Company [Member]
Percent of revenues	17.70%	19.50%	18.60%	20.30%
Southern California Public Power Authority [Member]
Percent of revenues	21.30%	25.50%	21.60%	25.20%
Kenya Power and Lighting Co LTD [Member]
Percent of revenues	15.50%	17.30%	14.80%	16.40%

Note 1 - General and Basis of_7

Note 1 - General and Basis of Presentation - Changes in the Allowance for Expected Credit Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Beginning balance of the allowance for expected credit losses			$ 90
Ending balance of the allowance for expected credit losses	$ 90		90
Accounting Standards Update 2016-13 [Member]
Beginning balance of the allowance for expected credit losses	90	$ 597	90	$ 597
Change in the provision for expected credit losses for the period	0	(178)	0	(178)
Ending balance of the allowance for expected credit losses	$ 90	$ 419	$ 90	$ 419

Note 1 - General and Basis of_8

Note 1 - General and Basis of Presentation - Contract Assets (Liabilities) (Details) - USD ($) $ in Thousands		Jun. 30, 2022	Dec. 31, 2021
Contract assets (*)	[1]	$ 13,823	$ 9,692
Contract liabilities (*)	[1]	$ (12,707)	$ (9,248)
[1]Contract assets and contract liabilities are presented as "Costs and estimated earnings in excess of billings on uncompleted contracts" and "Billings in excess of costs and estimated earnings on uncompleted contracts", respectively, on the condensed consolidated balance sheets. The contract liabilities balance at the beginning of the year was not yet fully recognized as product revenues during the six months ended June 30, 2022 as a result of performance obligations having not been fully satisfied yet.

Note 1 - General and Basis of_9

Note 1 - General and Basis of Presentation - Lease Income as Lessor (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Lease income relating to lease payments from operating leases	$ 127,472	$ 113,113	$ 267,153	$ 238,860

Note 3 - Inventories - Inventor

Note 3 - Inventories - Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Raw materials and purchased parts for assembly	$ 13,206	$ 11,539
Self-manufactured assembly parts and finished products	19,007	16,906
Total inventories	$ 32,213	$ 28,445

Note 4 - Marketable Securitie_2

Note 4 - Marketable Securities (Details Textual) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Debt Securities, Available-for-Sale, Total	$ 0		$ 43,343
Proceeds from Sale of Debt Securities, Available-for-Sale	29,355	$ 0	0
Cash and Cash Equivalents [Member]
Debt Securities, Available-for-Sale, Total	$ 100		$ 3,700

Note 4 - Marketable Securitie_3

Note 4 - Marketable Securities - Investment in Marketable Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Amortized cost	$ 136	$ 46,799
Gross unrealized gains	0	0
Gross unrealized losses	0	(40)
Fair value	136	47,029
Corporate Debt Securities [Member]
Amortized cost	0	32,302
Gross unrealized gains	0	0
Gross unrealized losses	0	(36)
Fair value	0	32,529
Commercial Paper [Member]
Amortized cost	0	8,891
Gross unrealized gains	0	0
Gross unrealized losses	0	0
Fair value	0	8,891
Money Market Funds [Member]
Amortized cost	136	3,686
Gross unrealized gains	0	0
Gross unrealized losses	0	0
Fair value	136	3,686
Debt Security, Corporate, Non-US [Member]
Amortized cost	0	1,920
Gross unrealized gains	0	0
Gross unrealized losses	0	(4)
Fair value	$ 0	$ 1,923

Note 4 - Marketable Securitie_4

Note 4 - Marketable Securities - Fair Value and Gross Unrealized Losses (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair value, less than 12 months	$ 136	$ 47,029
Gross unrealized loss, less than 12 months	0	(40)
Fair value, greater than 12 months	0	0
Gross unrealized loss, greater than 12 months	0	0
Corporate Debt Securities [Member]
Fair value, less than 12 months	0	32,529
Gross unrealized loss, less than 12 months	0	(36)
Fair value, greater than 12 months	0	0
Gross unrealized loss, greater than 12 months	0	0
Commercial Paper [Member]
Fair value, less than 12 months	0	8,891
Gross unrealized loss, less than 12 months	0	0
Fair value, greater than 12 months	0	0
Gross unrealized loss, greater than 12 months	0	0
Money Market Funds [Member]
Fair value, less than 12 months	136	3,686
Gross unrealized loss, less than 12 months	0	0
Fair value, greater than 12 months	0	0
Gross unrealized loss, greater than 12 months	0	0
Debt Security, Corporate, Non-US [Member]
Fair value, less than 12 months	0	1,923
Gross unrealized loss, less than 12 months	0	(4)
Fair value, greater than 12 months	0	0
Gross unrealized loss, greater than 12 months	$ 0	$ 0

Note 5 - Fair Value of Financ_3

Note 5 - Fair Value of Financial Instruments (Details Textual) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Cross Currency Interest Rate Contract [Member] | Prepaid Expenses and Other and Deposits and Other [Member]
Derivatives, Cash Collateral Deposits	$ 0	$ 0

Note 5 - Fair Value of Financ_4

Note 5 - Fair Value of Financial Instruments - Financial Assets and Liabilities at Fair Value (Details) - USD ($) $ in Thousands		Jun. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-Sale, Total		$ 0	$ 43,343
Reported Value Measurement [Member]
Cash equivalents (including restricted cash accounts)		24,407	31,675
Debt Securities, Available-for-Sale, Total		136	47,029
Fair Value, Net Asset (Liability), Total		19,128	116,436
Reported Value Measurement [Member] | Cross Currency Interest Rate Contract [Member]
Derivative Assets, current	[1]	2,331	1,461
Cross currency swap (3)	[1]	(2,402)	37,883
Reported Value Measurement [Member] | Currency Forward Contracts [Member]
Derivative Assets, current	[2]	(3,098)	813
Reported Value Measurement [Member] | Contingent Payable [Member]
Derivatives, noncurrent	[3]	(2,246)	(2,425)
Estimate of Fair Value Measurement [Member]
Cash equivalents (including restricted cash accounts)		24,407	31,675
Debt Securities, Available-for-Sale, Total		136	47,029
Fair Value, Net Asset (Liability), Total		19,128	116,436
Estimate of Fair Value Measurement [Member] | Cross Currency Interest Rate Contract [Member]
Derivative Assets, current	[1]	2,331	1,461
Cross currency swap (3)	[1]	(2,402)	37,883
Estimate of Fair Value Measurement [Member] | Currency Forward Contracts [Member]
Derivative Assets, current	[2]	(3,098)	813
Estimate of Fair Value Measurement [Member] | Contingent Payable [Member]
Derivatives, noncurrent	[3]	(2,246)	(2,425)
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash equivalents (including restricted cash accounts)		24,407	31,675
Debt Securities, Available-for-Sale, Total		136	47,029
Fair Value, Net Asset (Liability), Total		24,543	78,704
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Cross Currency Interest Rate Contract [Member]
Derivative Assets, current	[1]	0	0
Cross currency swap (3)	[1]	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Currency Forward Contracts [Member]
Derivative Assets, current	[2]	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Contingent Payable [Member]
Derivatives, noncurrent	[3]	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash equivalents (including restricted cash accounts)		0	0
Debt Securities, Available-for-Sale, Total		0	0
Fair Value, Net Asset (Liability), Total		(3,169)	40,157
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Cross Currency Interest Rate Contract [Member]
Derivative Assets, current	[1]	2,331	1,461
Cross currency swap (3)	[1]	(2,402)	37,883
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Currency Forward Contracts [Member]
Derivative Assets, current	[2]	(3,098)	813
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Contingent Payable [Member]
Derivatives, noncurrent	[3]	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash equivalents (including restricted cash accounts)		0	0
Debt Securities, Available-for-Sale, Total		0	0
Fair Value, Net Asset (Liability), Total		(2,246)	(2,425)
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Cross Currency Interest Rate Contract [Member]
Derivative Assets, current	[1]	0	0
Cross currency swap (3)	[1]	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Currency Forward Contracts [Member]
Derivative Assets, current	[2]	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Contingent Payable [Member]
Derivatives, noncurrent	[3]	$ (2,246)	$ (2,425)
[1]These amounts relate to cross currency swap contracts valued primarily based on the present value of the cross currency swap future settlement prices for U.S. Dollar ("USD") and New Israeli Shekel ("NIS") zero yield curves and the applicable exchange rate as of June 30, 2022 and December 31, 2021, as applicable. These amounts are included within "Prepaid expenses and other", “Deposits and other” and "Accounts payable and accrued expenses", as applicable, in the condensed consolidated balance sheets on June 30, 2022 and December 31, 2021. There are no cash collateral deposits on June 30, 2022 and December 31, 2021.[2]These amounts relate to currency forward contracts valued primarily based on observable inputs, including forward and spot prices for currencies, net of contracted rates and then multiplied by notional amounts, and are included within “Receivables, other” and "Accounts payable and accrued expenses", as applicable, in the condensed consolidated balance sheets on June 30, 2022 and December 31, 2021, with the corresponding gain or loss being recognized within “Derivatives and foreign currency transaction gains (losses)” in the condensed consolidated statements of operations and comprehensive income.[3]These amounts relate to contingent payables and warrants pertaining to the Guadeloupe power plant purchase transaction, valued primarily based on unobservable inputs and are included within “Other long-term liabilities” in the condensed consolidated balance sheets on June 30, 2022 and December 31, 2021, with the corresponding gain or loss being recognized within "Derivatives and foreign currency transaction gains (losses)" in the condensed consolidated statements of operations and comprehensive income.

Note 5 - Fair Value of Financ_5

Note 5 - Fair Value of Financial Instruments - Amounts of Gain (Loss) Recognized in Condensed Consolidated Statements on Derivative Instruments Not Designated as Hedges (Details) - Derivatives and Foreign Currency Transaction Gains (Losses) [Member] - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Currency Forward and Price Swap Transaction on Responsive Reserve System ("RRS") Prices [Member]
Amount of gain (loss) recognized		$ 0	$ 0	$ 0	$ (14,540)
Currency Forward Contracts [Member]
Amount of gain (loss) recognized	[1]	(4,498)	1,200	(4,706)	(269)
Cross Currency Interest Rate Contract [Member] | Designated as Hedging Instrument [Member]
Cross currency swap (2)	[2]	$ (28,733)	$ 6,808	$ (35,415)	$ (4,294)
[1]The foregoing currency forward and price swap transactions were not designated as hedge transactions and were marked to market with the corresponding gains or losses recognized within “Derivatives and foreign currency transaction gains (losses)” in the condensed consolidated statements of operations and comprehensive income. The price swap transaction was related to a hedging agreement with a third party that was effective January 1, 2021 under which the Company fixed the price per MWh on a portion of RRS provided by its Rabbit Hill storage facility. The price swap transaction was terminated effective April 1, 2021.[2]The foregoing cross currency swap transactions were designated as a cash flow hedge as further described under Note 1 to the condensed consolidated financial statements. The changes in the cross currency swap fair value are initially recorded in "Other comprehensive income (loss)" and a corresponding amount is reclassified out of "Accumulated other comprehensive income (loss)" to "Derivatives and foreign currency transaction gains (losses)" to offset the remeasurement of the underlying hedged transaction which also impacts the same line item in the condensed consolidated statements of operations and comprehensive income.

Note 5 - Fair Value of Financ_6

Note 5 - Fair Value of Financial Instruments - Effect of Cash Flow Hedge on Statement of Operations and Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Balance		$ 2,014,849	$ 1,949,879	$ 1,998,461	$ 1,941,437
Balance		1,979,294	1,959,855	1,979,294	1,959,855
Cross Currency Swap [Member] | Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest [Member] | Designated as Hedging Instrument [Member]
Balance		3,840	568	5,745	3,366
Gain or (loss) recognized in Other comprehensive income (loss)	[1]	(30,828)	7,006	(39,415)	(6,894)
Amount reclassified from Other comprehensive income (loss) into earnings		28,733	(6,808)	35,415	4,294
Balance		$ 1,745	$ 766	$ 1,745	$ 766
[1]The amount of gain or (loss) recognized in Other comprehensive income (loss) for the years ended December 31, 2021 and 2020 is net of tax of $0.8 million and $1.1 million, respectively.

Note 5 - Fair Value of Financ_7

Note 5 - Fair Value of Financial Instruments - Fair Value of Long-term Debt Approximates Its Carrying Amount, Exceptions (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Finance liability - Dixie Valley	$ 230.4	$ 248.4
Mizrahi Loan Agreement [Member]
Loans	78.1
Convertible Senior Notes [Member]
Notes	431.3
HSBC Loan Agreement [Member]
Loans	44.5	50.4
Hapoalim Loan Agreement [Member]
Loans	101.5	117.8
Discount Loan Agreement [Member]
Loans	88.6	100.2
Olkaria III Plant 4 Loan - DEG 2 [Member]
Loans	29.5
Olkaria III plant 1 Loan - DEG 3 [Member]
Loans	26
Platanares Loan - OPIC [Member]
Loans	86.2	98.2
Amatitlan Loan [Member]
Loans	17.1	19.8
Don A. Campbell 1 ("DAC1") [Member]
Notes	60.7	69.8
USG Prudential - NV [Member]
Notes	25.3	28.9
USG Prudential - ID [Member]
Notes	16.3	17.3
USG DOE [Member]
Notes	34.9	39.9
Senior Unsecured Bonds [Member]
Senior Unsecured debt	273.7	578.9
Senior Unsecured Loan [Member]
Senior Unsecured debt	179.5	204.3
Plumstriker Loan Agreement [Member]
Loans	13.2	14.8
Estimate of Fair Value Measurement [Member]
Finance liability - Dixie Valley	230.4	248.4
Other long-term debt	10.6	13.3
Estimate of Fair Value Measurement [Member] | Mizrahi Loan Agreement [Member]
Loans	78.1	0
Estimate of Fair Value Measurement [Member] | Convertible Senior Notes [Member]
Notes	431.3	0
Estimate of Fair Value Measurement [Member] | HSBC Loan Agreement [Member]
Loans	44.5	50.4
Estimate of Fair Value Measurement [Member] | Hapoalim Loan Agreement [Member]
Loans	101.5	117.8
Estimate of Fair Value Measurement [Member] | Discount Loan Agreement [Member]
Loans	88.6	100.2
Estimate of Fair Value Measurement [Member] | Olkaria III OPIC [Member]
Loans	146	166.5
Estimate of Fair Value Measurement [Member] | Olkaria III Plant 4 Loan - DEG 2 [Member]
Loans	29.5	34.1
Estimate of Fair Value Measurement [Member] | Olkaria III plant 1 Loan - DEG 3 [Member]
Loans	26	30.1
Estimate of Fair Value Measurement [Member] | Platanares Loan - OPIC [Member]
Loans	86.2	98.2
Estimate of Fair Value Measurement [Member] | Amatitlan Loan [Member]
Loans	17.1	19.8
Estimate of Fair Value Measurement [Member] | OFC Two Senior Secured Notes [Member]
Notes	159.7	183.3
Estimate of Fair Value Measurement [Member] | Don A. Campbell 1 ("DAC1") [Member]
Notes	60.7	69.8
Estimate of Fair Value Measurement [Member] | USG Prudential - NV [Member]
Notes	25.3	28.9
Estimate of Fair Value Measurement [Member] | USG Prudential - ID [Member]
Notes	16.3	17.3
Estimate of Fair Value Measurement [Member] | USG DOE [Member]
Notes	34.9	39.9
Estimate of Fair Value Measurement [Member] | Senior Unsecured Bonds [Member]
Senior Unsecured debt	273.7	578.9
Estimate of Fair Value Measurement [Member] | Senior Unsecured Loan [Member]
Senior Unsecured debt	179.5	204.3
Estimate of Fair Value Measurement [Member] | Plumstriker Loan Agreement [Member]
Loans	13.2	14.8
Reported Value Measurement [Member]
Finance liability - Dixie Valley	249.1	252.9
Other long-term debt	11.2	13.6
Reported Value Measurement [Member] | Mizrahi Loan Agreement [Member]
Loans	75	0
Reported Value Measurement [Member] | Convertible Senior Notes [Member]
Notes	431.3	0
Reported Value Measurement [Member] | HSBC Loan Agreement [Member]
Loans	46.4	50
Reported Value Measurement [Member] | Hapoalim Loan Agreement [Member]
Loans	107.1	116.1
Reported Value Measurement [Member] | Discount Loan Agreement [Member]
Loans	93.8	100
Reported Value Measurement [Member] | Olkaria III OPIC [Member]
Loans	147.7	156.7
Reported Value Measurement [Member] | Olkaria III Plant 4 Loan - DEG 2 [Member]
Loans	30	32.5
Reported Value Measurement [Member] | Olkaria III plant 1 Loan - DEG 3 [Member]
Loans	26.2	28.4
Reported Value Measurement [Member] | Platanares Loan - OPIC [Member]
Loans	84	88.1
Reported Value Measurement [Member] | Amatitlan Loan [Member]
Loans	17.5	19.3
Reported Value Measurement [Member] | OFC Two Senior Secured Notes [Member]
Notes	164.9	173.3
Reported Value Measurement [Member] | Don A. Campbell 1 ("DAC1") [Member]
Notes	64.8	67.9
Reported Value Measurement [Member] | USG Prudential - NV [Member]
Notes	25.8	26.3
Reported Value Measurement [Member] | USG Prudential - ID [Member]
Notes	16.4	17.3
Reported Value Measurement [Member] | USG DOE [Member]
Notes	34.2	35.5
Reported Value Measurement [Member] | Senior Unsecured Bonds [Member]
Senior Unsecured debt	257.1	539.6
Reported Value Measurement [Member] | Senior Unsecured Loan [Member]
Senior Unsecured debt	183.2	191.6
Reported Value Measurement [Member] | Plumstriker Loan Agreement [Member]
Loans	$ 13.2	$ 14.7

Note 5 - Fair Value of Financ_8

Note 5 - Fair Value of Financial Instruments - Fair Value of Financial Instruments (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Finance liability - Dixie Valley	$ 230.4	$ 248.4
Deposits	15	17.1
Mizrahi Loan Agreement [Member]
Loans	78.1
HSBC Loan Agreement [Member]
Loans	44.5	50.4
Convertible Senior Notes [Member]
Notes	431.3
Hapoalim Loan Agreement [Member]
Loans	101.5	117.8
Discount Loan Agreement [Member]
Loans	88.6	100.2
Olkaria III Loan DFC [Member]
Loans	146	166.5
Olkaria IV Loan - DEG 2 [Member]
Loans		34.1
Olkaria IV Loan - DEG 3 [Member]
Loans		30.1
Olkaria III Plant 4 Loan - DEG 2 [Member]
Loans	29.5
Platanares Loan - OPIC [Member]
Loans	86.2	98.2
Olkaria III plant 1 Loan - DEG 3 [Member]
Loans	26
Amatitlan Loan [Member]
Loans	17.1	19.8
OFC Senior Secured Notes [Member]
Notes	159.7	183.3
Don A. Campbell 1 ("DAC1") [Member]
Notes	60.7	69.8
USG Prudential - NV [Member]
Notes	25.3	28.9
USG Prudential - ID [Member]
Notes	16.3	17.3
USG DOE [Member]
Notes	34.9	39.9
Senior Unsecured Bonds [Member]
Senior Unsecured debt	273.7	578.9
Senior Unsecured Loan [Member]
Senior Unsecured debt	179.5	204.3
Plumstriker Loan Agreement [Member]
Loans	13.2	14.8
Other Long-term Debt [Member]
Senior Unsecured debt	10.6	13.3
Fair Value, Inputs, Level 1 [Member]
Finance liability - Dixie Valley	0	0
Deposits	15	17.1
Fair Value, Inputs, Level 1 [Member] | Mizrahi Loan Agreement [Member]
Loans	0
Fair Value, Inputs, Level 1 [Member] | HSBC Loan Agreement [Member]
Loans	0	0
Fair Value, Inputs, Level 1 [Member] | Convertible Senior Notes [Member]
Notes	0
Fair Value, Inputs, Level 1 [Member] | Hapoalim Loan Agreement [Member]
Loans	0	0
Fair Value, Inputs, Level 1 [Member] | Discount Loan Agreement [Member]
Loans	0	0
Fair Value, Inputs, Level 1 [Member] | Olkaria III Loan DFC [Member]
Loans	0	0
Fair Value, Inputs, Level 1 [Member] | Olkaria IV Loan - DEG 2 [Member]
Loans		0
Fair Value, Inputs, Level 1 [Member] | Olkaria IV Loan - DEG 3 [Member]
Loans		0
Fair Value, Inputs, Level 1 [Member] | Olkaria III Plant 4 Loan - DEG 2 [Member]
Loans	0
Fair Value, Inputs, Level 1 [Member] | Platanares Loan - OPIC [Member]
Loans	0	0
Fair Value, Inputs, Level 1 [Member] | Olkaria III plant 1 Loan - DEG 3 [Member]
Loans	0
Fair Value, Inputs, Level 1 [Member] | Amatitlan Loan [Member]
Loans	0	0
Fair Value, Inputs, Level 1 [Member] | OFC Senior Secured Notes [Member]
Notes	0	0
Fair Value, Inputs, Level 1 [Member] | Don A. Campbell 1 ("DAC1") [Member]
Notes	0	0
Fair Value, Inputs, Level 1 [Member] | USG Prudential - NV [Member]
Notes	0	0
Fair Value, Inputs, Level 1 [Member] | USG Prudential - ID [Member]
Notes	0	0
Fair Value, Inputs, Level 1 [Member] | USG DOE [Member]
Notes	0	0
Fair Value, Inputs, Level 1 [Member] | Senior Unsecured Bonds [Member]
Senior Unsecured debt	0	0
Fair Value, Inputs, Level 1 [Member] | Senior Unsecured Loan [Member]
Senior Unsecured debt	0	0
Fair Value, Inputs, Level 1 [Member] | Plumstriker Loan Agreement [Member]
Loans	0	0
Fair Value, Inputs, Level 1 [Member] | Other Long-term Debt [Member]
Senior Unsecured debt	0	0
Fair Value, Inputs, Level 2 [Member]
Finance liability - Dixie Valley	0	0
Deposits	0	0
Fair Value, Inputs, Level 2 [Member] | Mizrahi Loan Agreement [Member]
Loans	0
Fair Value, Inputs, Level 2 [Member] | HSBC Loan Agreement [Member]
Loans	0	0
Fair Value, Inputs, Level 2 [Member] | Convertible Senior Notes [Member]
Notes	431.3
Fair Value, Inputs, Level 2 [Member] | Hapoalim Loan Agreement [Member]
Loans	0	0
Fair Value, Inputs, Level 2 [Member] | Discount Loan Agreement [Member]
Loans	0	0
Fair Value, Inputs, Level 2 [Member] | Olkaria III Loan DFC [Member]
Loans	0	0
Fair Value, Inputs, Level 2 [Member] | Olkaria IV Loan - DEG 2 [Member]
Loans		0
Fair Value, Inputs, Level 2 [Member] | Olkaria IV Loan - DEG 3 [Member]
Loans		0
Fair Value, Inputs, Level 2 [Member] | Olkaria III Plant 4 Loan - DEG 2 [Member]
Loans	0
Fair Value, Inputs, Level 2 [Member] | Platanares Loan - OPIC [Member]
Loans	0	0
Fair Value, Inputs, Level 2 [Member] | Olkaria III plant 1 Loan - DEG 3 [Member]
Loans	0
Fair Value, Inputs, Level 2 [Member] | Amatitlan Loan [Member]
Loans	17.1	19.8
Fair Value, Inputs, Level 2 [Member] | OFC Senior Secured Notes [Member]
Notes	0	0
Fair Value, Inputs, Level 2 [Member] | Don A. Campbell 1 ("DAC1") [Member]
Notes	0	0
Fair Value, Inputs, Level 2 [Member] | USG Prudential - NV [Member]
Notes	0	0
Fair Value, Inputs, Level 2 [Member] | USG Prudential - ID [Member]
Notes	0	0
Fair Value, Inputs, Level 2 [Member] | USG DOE [Member]
Notes	0	0
Fair Value, Inputs, Level 2 [Member] | Senior Unsecured Bonds [Member]
Senior Unsecured debt	0	0
Fair Value, Inputs, Level 2 [Member] | Senior Unsecured Loan [Member]
Senior Unsecured debt	0	0
Fair Value, Inputs, Level 2 [Member] | Plumstriker Loan Agreement [Member]
Loans	13.2	14.8
Fair Value, Inputs, Level 2 [Member] | Other Long-term Debt [Member]
Senior Unsecured debt	0	0
Fair Value, Inputs, Level 3 [Member]
Finance liability - Dixie Valley	230.4	248.4
Deposits	0	0
Fair Value, Inputs, Level 3 [Member] | Mizrahi Loan Agreement [Member]
Loans	78.1
Fair Value, Inputs, Level 3 [Member] | HSBC Loan Agreement [Member]
Loans	44.5	50.4
Fair Value, Inputs, Level 3 [Member] | Convertible Senior Notes [Member]
Notes	0
Fair Value, Inputs, Level 3 [Member] | Hapoalim Loan Agreement [Member]
Loans	101.5	117.8
Fair Value, Inputs, Level 3 [Member] | Discount Loan Agreement [Member]
Loans	88.6	100.2
Fair Value, Inputs, Level 3 [Member] | Olkaria III Loan DFC [Member]
Loans	146	166.5
Fair Value, Inputs, Level 3 [Member] | Olkaria IV Loan - DEG 2 [Member]
Loans		34.1
Fair Value, Inputs, Level 3 [Member] | Olkaria IV Loan - DEG 3 [Member]
Loans		30.1
Fair Value, Inputs, Level 3 [Member] | Olkaria III Plant 4 Loan - DEG 2 [Member]
Loans	29.5
Fair Value, Inputs, Level 3 [Member] | Platanares Loan - OPIC [Member]
Loans	86.2	98.2
Fair Value, Inputs, Level 3 [Member] | Olkaria III plant 1 Loan - DEG 3 [Member]
Loans	26
Fair Value, Inputs, Level 3 [Member] | Amatitlan Loan [Member]
Loans	0	0
Fair Value, Inputs, Level 3 [Member] | OFC Senior Secured Notes [Member]
Notes	159.7	183.3
Fair Value, Inputs, Level 3 [Member] | Don A. Campbell 1 ("DAC1") [Member]
Notes	60.7	69.8
Fair Value, Inputs, Level 3 [Member] | USG Prudential - NV [Member]
Notes	25.3	28.9
Fair Value, Inputs, Level 3 [Member] | USG Prudential - ID [Member]
Notes	16.3	17.3
Fair Value, Inputs, Level 3 [Member] | USG DOE [Member]
Notes	34.9	39.9
Fair Value, Inputs, Level 3 [Member] | Senior Unsecured Bonds [Member]
Senior Unsecured debt	273.7	578.9
Fair Value, Inputs, Level 3 [Member] | Senior Unsecured Loan [Member]
Senior Unsecured debt	179.5	204.3
Fair Value, Inputs, Level 3 [Member] | Plumstriker Loan Agreement [Member]
Loans	0	0
Fair Value, Inputs, Level 3 [Member] | Other Long-term Debt [Member]
Senior Unsecured debt	$ 10.6	$ 13.3

Note 6 - Stock-based Compensa_3

Note 6 - Stock-based Compensation (Details Textual) - The 2018 Incentive Compensation Plan [Member]	3 Months Ended
	Mar. 31, 2022 $ / shares shares
Stock Appreciation Rights (SARs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares	513,385
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Exercise Price (in dollars per share)	$ 71.15
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 22.31
Stock Appreciation Rights (SARs) [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)	6 years
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares	72,303
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 69.9
Performance Stock Units (PSU) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares	19,581
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 75.3
Stock Appreciation Rights (SARs), Restricted Stock Units (RSUs), and Performance Stock Units (PSU) [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	1 year
Stock Appreciation Rights (SARs), Restricted Stock Units (RSUs), and Performance Stock Units (PSU) [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	4 years

Note 6 - Stock-based Compensa_4

Note 6 - Stock-based Compensation - Fair Value of Stock-based Award on the Date of Grant (Details) - Stock Appreciation Rights (SARs), Restricted Stock Units (RSUs), and Performance Stock Units (PSU) [Member]	3 Months Ended
	Mar. 31, 2022
Dividend yield	0.67%
Minimum [Member]
Risk-free interest rates	1.30%
Expected life (in years) (Year)	2 years
Expected volatility (weighted average)	32.80%
Maximum [Member]
Risk-free interest rates	1.60%
Expected life (in years) (Year)	5 years 9 months
Expected volatility (weighted average)	46.10%

Note 7 - Interest Expense, Ne_2

Note 7 - Interest Expense, Net - Components of Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest related to sale of tax benefits	$ 3,463	$ 2,545	$ 6,894	$ 4,938
Interest expense	22,492	19,646	44,978	39,320
Less — amount capitalized	(5,537)	(3,565)	(10,373)	(6,616)
Total interest expense, net	$ 20,418	$ 18,626	$ 41,499	$ 37,642

Note 8 - Earnings Per Share (De

Note 8 - Earnings Per Share (Details Textual) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	152,000	174,100	87,000	16,000
Convertible Senior Notes [Member]
Debt Instrument, Convertible, Conversion Price (in dollars per share)	$ 90.27		$ 90.27

Note 8 - Earnings Per Share - S

Note 8 - Earnings Per Share - Shares Used to Calculate Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Weighted average number of shares used in computation of basic earnings per share: (in shares)	56,114	55,992	56,089	55,990
Additional shares from the assumed exercise of employee stock awards (in shares)	384	324	342	512
Weighted average number of shares used in computation of diluted earnings per share (in shares)	56,498	56,316	56,431	56,502

Note 9 - Business Segments (Det

Note 9 - Business Segments (Details Textual) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Number of Reportable Segments			3
Revenue from Contract with Customer, Including Assessed Tax	$ 169,078	$ 146,901	$ 352,788	$ 313,253
Goodwill, Ending Balance	90,200		90,200		$ 89,954
Electricity Segment [Member]
Revenue from Contract with Customer, Including Assessed Tax	151,195	133,864	313,720	278,852
Goodwill, Ending Balance	85,600	20,200	85,600	20,200
Electricity Segment [Member] | Accounted for Under ASC 606 [Member]
Revenue from Contract with Customer, Including Assessed Tax	23,200	20,800	46,000	40,000
Energy Storage and Management Services [Member]
Goodwill, Ending Balance	4,600	4,600	4,600	4,600
Product Segment [Member]
Revenue from Contract with Customer, Including Assessed Tax	10,392	7,410	25,020	16,053
Goodwill, Ending Balance	$ 0	$ 0	$ 0	$ 0

Note 9 - Business Segments - Su

Note 9 - Business Segments - Summarized Financial Information Concerning Reportable Segments (Details) - USD ($) $ in Thousands		3 Months Ended				6 Months Ended
		Jun. 30, 2022		Jun. 30, 2021		Jun. 30, 2022		Jun. 30, 2021		Dec. 31, 2021
Revenue		$ 169,078		$ 146,901		$ 352,788		$ 313,253
Operating income (loss)		38,607		28,619		83,685		78,508
Segment assets at period end		4,541,976	[1],[2],[3]	3,818,550	[1],[2],[3]	4,541,976	[1],[2],[3]	3,818,550	[1],[2],[3]	$ 4,425,678
Operating income (loss)						83,685
Segment Reconciling Items [Member]
Revenue		0	[3]	0	[3]	0		0
Segment assets at period end		114,699		103,890		114,699		103,890
Electricity Segment [Member]
Revenue		151,195		133,864		313,720		278,852
Operating income (loss)		40,466		30,018				77,767
Segment assets at period end	[1],[2],[3]	4,222,340		3,530,256		4,222,340		3,530,256
Operating income (loss)						88,041
Electricity Segment [Member] | Segment Reconciling Items [Member]
Revenue		0	[3]	0	[3]	0		0
Segment assets at period end		114,699		103,890		114,699		103,890
Product Segment [Member]
Revenue		10,392		7,410		25,020		16,053
Operating income (loss)		(2,276)		(427)				(1,638)
Segment assets at period end	[1],[2],[3]	122,221		122,868		122,221		122,868
Operating income (loss)						(3,851)
Product Segment [Member] | Segment Reconciling Items [Member]
Revenue		22,097	[3]	51,038	[3]	43,000		76,372
Segment assets at period end		0		0		0		0
Other Segments [Member]
Revenue		7,491		5,627		14,048		18,348
Operating income (loss)		417		(972)				2,379
Segment assets at period end	[1],[2],[3]	197,415		165,426		197,415		165,426
Operating income (loss)						(505)
Other Segments [Member] | Segment Reconciling Items [Member]
Revenue		0	[3]	0	[3]	0		0
Segment assets at period end		0		0		0		0
UNITED STATES
Revenue	[4]	113,818		93,838		237,019		207,388
UNITED STATES | Electricity Segment [Member]
Revenue	[4]	105,193		87,564		221,302		186,540
UNITED STATES | Product Segment [Member]
Revenue	[4]	1,134		647		1,669		2,500
UNITED STATES | Other Segments [Member]
Revenue	[4]	7,491		5,627		14,048		18,348
Non-US [Member]
Revenue	[5]	55,260		53,063		115,769		105,865
Non-US [Member] | Electricity Segment [Member]
Revenue	[5]	46,002		46,300		92,418		92,312
Non-US [Member] | Product Segment [Member]
Revenue	[5]	9,258		6,763		23,351		13,553
Non-US [Member] | Other Segments [Member]
Revenue	[5]	$ 0		$ 0		$ 0		$ 0
[1]Electricity segment assets include goodwill in the amount of $85.6 million and $20.2 million as of June 30, 2022 and 2021, respectively. Energy Storage segment assets include goodwill in the amount of $4.6 million and $4.6 as of June 30, 2022 and 2021, respectively. No goodwill is included in the Product segment assets as of June 30, 2022 and 2021.[2]Including unconsolidated investments[3]Intersegment revenue are fully eliminated in consolidation.[4]Electricity segment revenues in the United States are all accounted under lease accounting except for $23.2 million and $46.0 million for the three and six months ended June 30, 2022, and $20.8 and $40.0 million for the three and six months ended June 30, 2021, respectively, that are accounted under ASC 606. Product and Energy Storage segment revenues in the United States are accounted under ASC 606.[5]Electricity segment revenues in foreign countries are all accounted under lease accounting. Product segment revenues in foreign countries are accounted under ASC 606.

Note 9 - Business Segments - Re

Note 9 - Business Segments - Reconciling Information Between Reportable Segments and Consolidated Totals (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue	$ 169,078	$ 146,901	$ 352,788	$ 313,253
Operating income (loss)	38,607	28,619	83,685	78,508
Interest income	179	808	521	1,071
Interest expense, net	(20,418)	(18,626)	(41,499)	(37,642)
Derivatives and foreign currency transaction gains (losses)	(3,998)	658	(3,738)	(16,208)
Income attributable to sale of tax benefits	9,527	7,420	17,232	13,775
Other non-operating income (expense), net	(1,260)	(21)	(1,185)	(352)
Total consolidated income before income taxes and equity in income of investees	22,637	18,858	55,016	39,152
Intersegment Eliminations [Member]
Revenue	22,097	51,038	43,000	76,372
Consolidation, Eliminations [Member]
Revenue	$ (22,097)	$ (51,038)	$ (43,000)	$ (76,372)

Note 10 - Commitments and Con_2

Note 10 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	Apr. 13, 2022	Sep. 14, 2021	Mar. 03, 2021	Mar. 29, 2016	Jun. 30, 2022	Dec. 31, 2021
Construction in Progress, Gross					$ 912,376	$ 721,483
Dixie Meadows PPA [Member]
Construction in Progress, Gross					$ 56,100
Former Local Sales Representative vs. Ormat [Member] | Pending Litigation [Member]
Loss Contingency, Damages Sought, Value				$ 4,600
Loss Contingency, Additional Damages Sought for Ormat Geothermal Products Sales in Chile, Percent				3.75%
Loss Contingency, Damages Sought, Ormat Geothermal Products Sales in Chile, Period (Year)				10 years
Avishai Shmuel Mano vs. Ormat [Member]
Loss Contingency, Damages Sought, Value			$ 100,000
Loss Contingency, Damages Paid, Value	$ 10
Kipreos vs Ormat [Member]
Loss Contingency, Damages Sought, Value		$ 5,100

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Effective Income Tax Rate Reconciliation, Percent, Total	27.10%	22.60%	29.60%	18.60%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21%

Note 12 - Subsequent Events (De

Note 12 - Subsequent Events (Details Textual) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended
	Aug. 03, 2022	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021
Dividends, Common Stock, Total		$ 6,731	$ 6,727	$ 6,448	$ 6,718
Common Stock, Dividends, Per Share, Declared (in dollars per share)				$ 0.12
Subsequent Event [Member]
Dividends, Common Stock, Total	$ 6,700
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$ 0.12
Dividends Payable, Date of Record	Aug. 17, 2022
Dividends Payable, Date to be Paid	Aug. 31, 2022