Arava Power gets deals for 15 mid-size solar fields
REUTERS - sraeli solar energy developer Arava Power said on Sunday it signed long-term contracts with 15 agricultural cooperatives to build mid-size solar fields at an investment of 2 billion shekels ($533 million). sraeli solar energy developer Arava Power said on Sunday it signed long-term contracts with 15 agricultural cooperatives to build mid-size solar fields at an investment of 2 billion shekels ($533 million).
Arava said it is advancing rooftop solar installations on cowsheds and factories in the signatory cooperatives. Last year German conglomerate Siemens invested $15 million in Arava Power to build 10 five-megawatt solar fields. In
December the Public Utilities Authority decided to allow mid-size solar
fields at a nationwide capacity of 300 megawatts but many in the
industry believe this cap will be filled quickly.
