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Article: Israel : Enlight To Build 25 Solar Projects In Israel.
- Article from:
- TendersInfo
- Article date:
- October 9, 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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It looks like yet another investment firm has set up to power solar energy in Israel, taking advantage of Israel s guaranteed feed-in tariff rates for the next 20 years. According to the business paper Globes, Enlight Renewable Energy (yet with no website in English), is looking to secure financing, yet has won the rights to BOT (build, operate, transfer) in 25 solar energy installation projects.
Setting up and operating the solar projects with its investors, the company plans on selling the energy back to the Israel Electric Corporation (IEC) (TASE: ELEC.B22) over 20 years. This rule applies to photovoltaic systems of up to 50 kilowatts. (This is what Globes ...