© All rights reserved to Barnea Jaffa Lande Law offices

Search by Practice

Latest Updates /  Banking & Finance

December 24, 2015

Challenges in financing projects in the renewable-energy economy in Israel

As part of the global trend towards finding energy alternatives and towards encouraging the establishment of renewable-energy projects, the State of Israel has issued several significant tenders in recent years with the aim of securing cleaner and more sustainable energy sources. Such tenders include two separate tenders for the construction and operation of two solar-thermal power plants (Plot A and Plot B) in the vicinity of Kibbutz Ashalim in southern Israel and the Gilboa hydroelectric pumped storage power station.