Arava Power Will Invest $535 Million in 15 Israeli Solar Fields

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The fields will produce a total of 100 megawatts of solar energy using photovoltaic technology.

Feb. 8 (Bloomberg) — Arava Power Co., an Israeli solar company, said it signed agreements to invest 2 billion shekels ($535 million) to build 15 solar fields in Israel.

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Source: Bloomberg

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  1. This is the kind of news we like to hear from Israel. As the world moves from petroleum to solar, Israel has a role to play because of years of solar technology fruition as well as a sunny Southern expanse with 350 days of sun per year.

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