Megalim solar power

What is Ashalim solar power?

The Ashalim solar complex is an important element of Israel's Commitment to produce 20% of its electricity from renewable sources by 2025, rising to 30% by 2030. Megalim Solar Power LTD is a B.O.T. concession company owned by Noy Fund (74.95%) and GE Renewable Energy (25.05%).

Where is the Megalim Solar thermal power plant located?

The Megalim solar thermal power plant, a joint venture of BrightSource, GE Renewable Energy and the Noy Fund, said on 10 April, that it has begun commercial operation in Israel. The Ashalim Solar Thermal Power Station, located in Israel’s Negev desert, is one of the largest projects of its type in the world.

What is Megalim Solar power?

Megalim solar power is solar-thermal power plant with a rating of 121 MW and expected to supply 320 GWh of electricity annually into Israel’s grid.

How much power will the Megalim thermo-solar station provide?

The Megalim thermo-solar station will provide power to about 50,000 households at peak. It is one of three facilities in Ashalim that are expected to produce about 2 percent of Israel’s electricity capacity.

Why is Megalim a renewable power station?

Since its completion, Megalim’s power station is producing renewable energy power which contributes to CO2 emissions reduction into the atmosphere in a scale of 120,000 tons per annum, and which is an equivalent to the annual needs of about 40,000 households, under a 25-year Power Purchase Agreement with the State of Israel.

Where is the Ashalim solar thermal power station located?

The Ashalim Solar Thermal Power Station, located in Israel’s Negev desert, is one of the largest projects of its type in the world. It is also the first solar thermal or concentrated solar power (CSP) plant to be undertaken in Israel by the partner companies- BrightSource, GE Renewable Energy and the Noy Fund.