The energy minister prioritizes renewables. One entrepreneur says the sun could supply all our energy by 2035. But policy discord and red tape cloud Israel's sunny renewable future
Nofar brings Altshuler Shaham into Megalim solar plant deal globes.co.il - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globes.co.il Daily Mail and Mail on Sunday newspapers.
Nofar Energy buying Noy Fund s stake in Megalim solar project globes.co.il - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globes.co.il Daily Mail and Mail on Sunday newspapers.
Nofar Energy buys Tesla storage batteries for $30m
Nofar believes that the storage system enables it to build solar arrays to provide at least 100 megawatt of electricity.
Israeli renewable energy company Nofar Energy (TASE: NOFR) has notified the Tel Aviv Stock Exchange (TASE) that it has signed a strategic agreement with electric vehicle and energy storage company Tesla to purchase large batteries for electricity storage systems. Nofar has already paid Tesla a deposit of 5% of the value of the deal on signing of the agreement.
RELATED ARTICLES
Nofar believes that the storage system enable them to build solar arrays to provide at least 100 megawatt of electricity. The company estimates that the storage facility will allow it to build a solar energy system capable of supplying 150 megawatt.