Antisemitism in the US is on the rise - what do US senators and Israeli ministers have to say about it?
Financing complete on Ashalim solar-thermal tender
By
June 26, 2014 22:15
Megalim Solar Power Ltd. were selected as the winners of the an interministerial tender committee to fulfill the project plans in 2012.
power plant

An artist's rendition of the power plant. (photo credit:BRIGHTSOURCE ENERGY)

The conglomerate slated to build a 121-megawatt solar-thermal facility at Ashalim have reached financial close to design, construct and operate the NIS 2.8 billion project, the Finance Ministry announced on Thursday.

The project is expected to be the largest of its kind in the world, the ministry said.



Be the first to know - Join our Facebook page.


Megalim Solar Power Ltd., a joint venture between Bright- Source Energy, Alstom and the Noy Fund, were selected as the winners of the an interministerial tender committee to fulfill the project plans in November 2012.

“This is the largest scale project that will be built in the Negev, in territories that have thus far served as firing ranges, with the aim of establishing a project integrated by international bodies and local and foreign financiers,” said senior deputy accountant- general, and interministerial tender committee chairman, Yariv Nehama.

The solar-thermal power plant is expected to begin operations during the second half of 2017. This facility, combined with another solar-thermal plant and photovoltaic plant in the region, are expected to provide about 1 percent of the national electricity needs – with a total capacity of about 270 MWs, the Finance Ministry said. Together, the three plants will contribute significantly toward achieving the government’s target of reaching 10% electricity through renewable sources by the year 2020, the ministry added.

“The financial close of the solar-thermal plan in Ashalim represents another significant step in an important and big project in the field of renewable energy, which will significantly increase the production of electricity from renewable energy sources,” said Orna Hozman-Bechor, director- general of the National Infrastructure, Energy and Water Ministry.
Relevant to your professional network? Please share on Linkedin

Tags:
  • adl
  • abba eban
  • amir peretz
  • afghanistan
  • Share this article via
    from around the web
    Related Content
    Holland Park’s forest, north of Eilat.
    August 11, 2014
    Promising trend of prosecution for environmental crimes, officials say

    By SHARON UDASIN

    Top Stories
    Israel Weather
    • 11 - 23
      Beer Sheva
      12 - 21
      Tel Aviv - Yafo
    • 9 - 18
      Jerusalem
      12 - 20
      Haifa
    • 16 - 26
      Elat
      12 - 24
      Tiberias