Home | Renewables News | Photovoltaics | Arava Power Will Invest $535 Million in 15 Israeli Solar Fields

Arava Power Will Invest $535 Million in 15 Israeli Solar Fields

Publish Date: 08/02/2010
By Author: pangea
In Category: Photovoltaics
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image The fields will produce a total of 100 megawatts of solar energy using photovoltaic technology.

The fields will produce a total of 100 megawatts of solar energy using photovoltaic technology.

Feb. 8 (Bloomberg) -- Arava Power Co., an Israeli solar company, said it signed agreements to invest 2 billion shekels ($535 million) to build 15 solar fields in Israel.

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Source: Bloomberg

 

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Danny on 20/03/2010
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This is the kind of news we like to hear from Israel. As the world moves from petroleum to solar, Israel has a role to play because of years of solar technology fruition as well as a sunny Southern expanse with 350 days of sun per year.
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