One of Israel’s largest concentrated solar power project is now one step closer to commissioning, after its developers announced financial closure for the project. Project developer Abengoa has achieved financial closure for the 110 MW Ashalim concentrated solar power project, which they will construct in partnership with Israeli global infrastructure group … [continued]
The Israel-based solar electronics startup SolarEdge Technologies recently filed with the SEC to raise up to $125 million in an initial public offering (IPO) of stocks. The company is planning to list on the NASDAQ exchange under the symbol “SEDG.” The company — which primarily provides solar panel optimizers, inverters, … [continued]
Israel is working towards achieving its goal to source 10% of its total electricity needs from renewable energy sources by 2020. In this endeavor the country has received a major financial boost, with the European Investment Bank providing €150 million loan to the largest solar power project in Israel. The … [continued]
290 MW of solar photovoltaic (PV) capacity has been added to Israel’s development quota as a result of altered quotas for concentrated solar power (CSP) and wind energy. The decision to make the switch is the result of the country’s recognition of the comparatively lower costs and greater ease of … [continued]
Alstom announced on Thursday that it had signed two separate contracts to supply two pump-turbines for the 300 MW Gilboa pumped storage power plant in Israel. The company will provide two 150 MW pump-turbines “with the associated balance of plant equipment” as well as Alstom’s Distributed Control System, alongside an … [continued]
On my flight back from Ukraine in September, I happened to get into a conversation with one of the other passengers about Apple products — I was working on my iPad Mini and Macbook Air up until the second I had to board (of course). It turned out that he … [continued]
For those of you who thought concentrating solar power was losing the fight for hearts, minds, and profits, take a look at a couple of CSP plants in Israel’s Arava region. One features a bright yellow tulip-shaped tower and another is based on parabolic troughs and heated oil. Along with … [continued]
Megalim Solar Power Limited, a special purpose vehicle of BrightSource Energy and Alstom, has won a tender for the construction of a 121MW solar thermal power plant in Israel that is expected to come online in 2017. It is one of the three projects selected under Israel’s Ashalim 250MW tender … [continued]
The United States Department of Energy (DOE) and Israel’s Energy and Water Ministry have jointly allocated $3.5 million budget towards the development of four American-Israeli renewable energy projects. The projects will receive financing under the Binational Industrial Research and Development (BIRD) Energy program. BIRD Energy has announced that each … [continued]
AORA Solar, an innovative Israeli concentrating solar power (CSP) grid solutions developer, has undertaken the re-commissioning of its solar power station in Samar, Israel. Much of the re-commissioning work being undertaken is based on the company’s demonstration project in Almeria, Spain that opened last February. The Samar plant, which opened … [continued]
