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Article: Israel : Afcon may enter solar energy market.
- Article from:
- TendersInfo
- Article date:
- August 12, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sandesh03
Sources inform ''Globes'' that Afcon Industries Ltd. (TASE: AFIN) is expanding it renewable energy interests from wind energy to solar energy. The company is considering participating in a Ministry of Defense tender for the installation of solar receptors at IDF bases nationwide.
The sources added that Afcon is in negotiations with foreign companies to join it in the tender, including Spanish energy infrastructures giant Cobra Group SA, a subsidiary of Grupo ACS SA (IBEX: ACS). A deal with Afcon would be Cobra's first foray into Israel, although another ACS subsidiary, Dragados SA was a partner in the consortium that built the Jubilee ...