Note 11 - Subsequent Events	6 Months Ended
Jun. 30, 2023
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 11 — SUBSEQUENT EVENTS Cash Dividend On August 2, 2023, the Board of Directors of the Company declared, approved and authorized payment of a quarterly dividend of $7.2 million ($0.12 per share) to all holders of the Company’s issued and outstanding shares of common stock on August 16, 2023, payable on August 30, 2023. ORPD Transaction In July 2023, ORPD LLC ("ORPD"), a subsidiary of the Company in which Northleaf Geothermal Holdings, LLC ("Northleaf") holds a 36.75% equity interest and the Company holds a 63.25% equity interest, sold OREG 1, OREG 2, OREG 3 ("OREGs") and the Don A. Campbell complex to Ormat Nevada Inc. ("ONI"), a fully owned subsidiary of the Company. The proceeds from the sale were partially used by ORPD to make a distribution to its partners in which Northleaf's share was $30.0 million. Following the transaction, the Company fully owns the OREGs and the Don A. Campbell power plant complex and ORPD remains the holder of the Puna geothermal power plant. Finance Law in Kenya As described under Note 10 to the condensed consolidated financial statements, on June 26, 2023, the President of Kenya signed into law the 2023 Finance Law. On June 30, 2023, the Kenyan High Court issued a Temporary Conservatory Order against the Finance Law which bars the implementation of the Finance Law until a decision is made by the High Court. On July 28, 2023, the Kenya appeals court lifted the suspension on the Finance Law which results in the Finance Law to be implemented as signed. The Company continues to monitor this issue and is evaluating the potential impact of the Finance Law on its third quarter condensed consolidated financial statements.

Note 11 - Subsequent Events

6 Months Ended

Jun. 30, 2023

NOTE 11 — SUBSEQUENT EVENTS

Cash Dividend

On August 2, 2023, the Board of Directors of the Company declared, approved and authorized payment of a quarterly dividend of $7.2 million ($0.12 per share) to all holders of the Company’s issued and outstanding shares of common stock on August 16, 2023, payable on August 30, 2023.

ORPD Transaction

In July 2023, ORPD LLC ("ORPD"), a subsidiary of the Company in which Northleaf Geothermal Holdings, LLC ("Northleaf") holds a 36.75% equity interest and the Company holds a 63.25% equity interest, sold OREG 1, OREG 2, OREG 3 ("OREGs") and the Don A. Campbell complex to Ormat Nevada Inc. ("ONI"), a fully owned subsidiary of the Company. The proceeds from the sale were partially used by ORPD to make a distribution to its partners in which Northleaf's share was $30.0 million. Following the transaction, the Company fully owns the OREGs and the Don A. Campbell power plant complex and ORPD remains the holder of the Puna geothermal power plant.

Finance Law in Kenya

As described under Note 10 to the condensed consolidated financial statements, on June 26, 2023, the President of Kenya signed into law the 2023 Finance Law. On June 30, 2023, the Kenyan High Court issued a Temporary Conservatory Order against the Finance Law which bars the implementation of the Finance Law until a decision is made by the High Court. On July 28, 2023, the Kenya appeals court lifted the suspension on the Finance Law which results in the Finance Law to be implemented as signed. The Company continues to monitor this issue and is evaluating the potential impact of the Finance Law on its third quarter condensed consolidated financial statements.