ORMAT TECH INC (ORA)
Sector: Utilities
Sector: Utilities
ORMAT TECH INC - Executive Compensation
Executive Vice President, Electricity Segment
Executive Compensation
Aron Willis is the Executive Vice President of the Electricity Segment at Ormat Technologies Inc., a global leader in renewable energy solutions specializing in geothermal, solar, and energy storage technologies. In this pivotal role, he directs the strategic development, operations, and expansion of Ormat's electricity generation portfolio, managing a network of power plants that deliver clean, reliable energy to utilities and industries worldwide. Under his leadership, the segment has achieved significant growth, increasing installed capacity by over 40% in the past five years while maintaining industry-leading efficiency and uptime metrics. Willis brings more than 25 years of expertise in the power sector, beginning his career as a project engineer at General Electric's renewable energy division, where he spearheaded the deployment of early wind and solar hybrid systems. He later advanced to senior roles at NextEra Energy, overseeing large-scale utility projects that generated billions in revenue and earned accolades for innovation, including the Edison Electric Institute's Award for Effective Energy Storage Solutions. His track record includes pioneering the integration of geothermal-binary cycle technology with battery storage, reducing operational costs by 25% and enhancing grid stability. At Ormat, Aron has driven key initiatives such as the commissioning of flagship geothermal projects in the U.S. and Indonesia, bolstering the company's position as a top-tier provider of baseload renewable power. His vision emphasizes digital transformation and sustainability, positioning the Electricity Segment for continued dominance in the transition to net-zero energy systems.