Solar group signs NIS 3m. deal with Jewish Colonial Trust

By
July 26, 2011 18:21

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Solarit Dolar, a subsidiary of Kibbutz Ayelet Hashahar's Doral Group in the Upper Galilee, has signed an agreement with the Jewish Colonial Trust, whereby the latter will pay approximately NIS 3 million to acquire one-third of the current and future capital of the company's solar projects, the firms announced on Monday. Among Solarit Dolar's small-sized photovoltaic systems inventory are a 600-kilowatt production facility, as well as hundreds of 50-kilowatt systems, and the group also currently has several conditional licenses to open eight megawatts worth of medium-sized installations in the future, a statement from the company said.

"We intend to continue pushing for the establishment of many solar facilities for electricity production mainly in the periphery, which we will realize together with the ecological "green" vision, while expanding our joint economic activities with kibbutzim and moshavim across the country," CEO of Solarit Dolar, Dori Davidovitz, co-owner and CEO, said in the statement.

Related Content

Breaking news
August 16, 2018
Facebook says it was “too slow” to fight hate speech in Myanmar

By REUTERS