Firms in Israel and Saudi Arabia have signed a joint venture agreement to advance the Gulf Kingdom s transition to solar energy, in a rare public deal between the two countries that do not have offici.
The joint venture between SolarEdge Technologies Inc. and Ajlan & Bros Holding will "support the deployment of smart renewable energy solutions in Saudi Arabia."The post Israeli firm inks renewable energy
The company forecasts third quarter revenue of $880-920 million, 5.1%-9.9% higher than the corresponding quarter, but below the analysts' expectations of over $1 billion.