The ribbon cutting ceremony that took place on January 29th 2018 marked the beginning of a new era in Israel’s renewable energy sector.
LR has invested through its affiliated company, Sun Clal, in this ambitious project, Israel’s first wide ranged PV solar power plant. This project is constructed by Sun Clal and EDF as part of the largest renewable energy project in the country and located on a 750,000 m² plot in the Negev desert, ensuring sustainability by producing and selling electricity to the national grid for a tariff lower than the price paid by consumers across the country.
Tailor made to Israel’s hot climate criteria this power plant will produce a new flow of electricity that will help facilitate the outreach of power as well as lower the price of electricity for Israel’s citizens. By implementing and constructing PV solar power plants, Israel will be able to provide new, clean, renewable energy to thousands of homes in the country and address the constant demand for energy within the modern society.