110 MW Negev Energy solar thermal project brought online

The 110 MW Negev Energy solar thermal power project in Ashalim, Israel, has been completed and is now brought online. The Shikun & Binui Ltd, Noy Infrastructure Fund and Spanish firm TSK, holds 50%, 40%, and 10% stakes in the project, respectively. Shikun & Binui Energy won the project in 2013 government tender and signed 25 years agreement to build and operate the plant.

The project required an investment of USD 1 billion. It features 16,000 parabolic troughs, half a million concave mirrors, as well as molten salt energy storage system. This system will allow 4.5 hours of additional hours per day after sunset to supply electricity. It can provide 70,000 households with electricity.