Canadian Solar Inc. has announced that a wholly owned subsidiary of the Company and a few subsidiaries of Menora Mivtachim Holdings Ltd., one of Israel's five largest insurance and finance groups, entered into a joint venture agreement with the aim to invest in the development, financing, construction and ownership of solar power projects in Israel.
Energy Finance & Investment News in Israel
Two Israeli companies, Sunflower Sustainable Investments and Shikun & Binui Renewable Energy (SBRE), have announced that they are selling their interests in 13 MW of Spanish solar assets.
Ellomay Capital announces conditional license to the 340 MW Manara Cliff Pumped Storage Project in Israel
Ellomay Capital Ltd., an operator in the renewable energy and energy infrastructure sector, has announced the execution by the Israeli Minister of National Infrastructures, Energy and Water Resources of a conditional license to Ellomay Pumped Storage Ltd.
Noy Fund & TSK Group to replace Abengoa in Shikun & Binui's Ashalim Thermo-Solar Power Plant Project
Shikun & Binui has signed an agreement under which the Noy Fund and the TSK Group will replace Abengoa for the building of the NIS 4B Ashalim thermo-solar power plant in Israel.
Abengoa and Shikun & Binui Renewable Energy close financing for the Ashalim solar power plant in Israel
Abengoa announced yesterday that it has closed the non-recourse project financing for the Ashalim concentrated solar power plant, together with its partner the Israeli global infrastructure group Shikun & Binui. The total investment of the project will be approximately US$1 billion.
Megalim Solar Power Ltd., a joint venture between BrightSource Energy (25.05%), Alstom (25.05%) and the Noy Fund (49.9%), has closed financing for the purpose of constructing the first thermo-solar field in Israel, at Ashelim.