Israeli utility awards license for 180MW solar thermal portfolio

Facebook
Twitter
LinkedIn
Reddit
Email

Israel’s Public Utility Authority has awarded licences to build two solar thermal power plants with a combined capacity of 180MW, reports Reuters.

The larger of the plants has a capacity of 120MW and is being installed by Israel’s largest construction firm, Shikun & Binui. The contract for the smaller, 60MW station was handed out to a subsidiary of US investment company Two Sigma.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

State officials did not disclose the cost of the plants, but did reveal that they are due to come online in 2017 and will cater for around 0.5% of the country's energy requirements.

“It's a significant step that will allow Israeli citizens to enjoy clean energy on a large scale for the first time,” Energy Minister Uzi Landau said.

Due to its high irradiance levels Israel has long been at the forefront of developing solar technology, but these licences are the first for solar thermal plants. The government hopes they will help Israel achieve its goal of generating 10% of electricity via renewables by 2020.

Read Next

April 30, 2025
Almaden has announced plans to establish a wholly-owned subsidiary in the United Arab Emirates, via its existing subsidiary Almaden (MENA).
April 30, 2025
Stonepeak has acquired a 46.3% stake in Repsol’s 777MW solar and storage portfolio currently in operation in New Mexico and Texas.
April 30, 2025
Spanish energy utility giant Iberdrola has reported huge profits of over €2 billion in the first quarter of 2025.
April 30, 2025
Daqo New Energy has posted gross losses of US$81.5 million, and a gross margin of -65.8% in the first quarter of 2025.
April 30, 2025
Genesis Energy has officially opened the 63MWp Lauriston site, which it claims is the country’s largest solar PV power plant.
April 30, 2025
Vena Energy has started constructing a 320MW solar PV expansion in Queensland’s Western Downs region in Australia.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
May 7, 2025
Munich, Germany
Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK