Nofar Energy to buy Megalim Concentrated Solar Power plant

Nofar will pay NIS 580 million for the Negev Concentrated Solar Power plant, which is owned by Noy Fund (40%) and institutional investors (60%). Nofar Energy has signed a non-binding memorandum of understanding top buy 100% of the rights for the Megalim Concentrated Solar Power plant in southern Israel for [...]

Israel’s Megalim concentrated solar power plant starts operations

The Megalim solar thermal power plant, a joint venture of BrightSource, GE Renewable Energy and the Noy Fund, said on Wednesday it has begun commercial operation in Israel’s Negev desert. The 3 billion shekel ($839 million) concentrated solar power project was announced in 2008 and construction began at the [...]

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