EDF Renewables has inaugurated a 40 MWp solar project in Israel's Negev Desert and signed a power purchase agreement (PPA) with Teva Pharmaceutical to meet the power needs of the pharmaceutical giant based in Tel Aviv.
Teva will receive 100% renewable power to fuel its operations at all five locations across Israel, representing approximately 15% of the company's global power consumption. The 10-year PPA will officially commence in 2024.
The solar farm is a component of a larger project that integrates both photovoltaic (PV) and concentrating solar power (CSP) technologies. The electricity produced by this plant will be provided at a competitive tariff rate of ILS0.08 (equivalent to US$0.022) per kWh.
Nexans has signed a turnkey contract valued at EUR1.43 billion (US$1.61 million) to construct a part of the EuroAsia Interconnector, which aims to link Greece, Israel, and Cyprus. As part of the initi...
Read moreEDF has commissioned a 40 MW solar power project in Ashalim, a small community located in southern Israel’s Negev Desert. The facility is the fourth PV project built by the French company in the...
Read moreEnlight Renewable Energy has entered into a 12-year corporate power purchase agreement with Amdocs to supply green energy to power the software giant’s new office campus in Israel. The agreemen...
Read moreJA Solar has announced the installation of the 10.705 MW Tel Yitzhak Reservoir floating solar photovoltaic (PV) power project in Israel. The installation of a floating PV farm permits the full utiliz...
Read moreEco Wave Power Global AB has finalized the production of all floaters required for the EWP-EDF One Project, and commenced installation of the floaters to the sea wall in the Port of Jaffa, Israel. Th...
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