israel

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MENA Weekly Round-Up: Algeria Floats 200 MW Wind Projects Tender

Algerian state-owned electricity and gas utility Sonelgaz floated a tender to develop two wind projects totaling 200 MW. The tender covers two 100 MW wind farms, with...

October 14, 2026

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Melvin Mathew

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Energy Storage

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Solar

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Wind
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MENA Weekly Round-Up: Egypt Bags $4 Million Grant for Green Ammonia Project

The African Development Bank Group (AfDB) will provide a $3.55 million reimbursable grant to support Egypt’s Ra green ammonia project in East Port Said under its Africa...

September 23, 2026

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Parth Shukla

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Energy Storage

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Other

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Solar

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Wind
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Otovo to Acquire Green Panel Solar Energy Systems for $11 Million

Otovo, a company that provides behind-the-meter energy services, has signed definitive agreements to acquire Green Panel Solar Energy Systems for $11 million. The...

August 25, 2026

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Renu

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Finance and M&A

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Solar
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MENA Weekly Round-Up: Jordan Rolls Out Phase Two of Municipal Solar Plan

Jordan has launched the second phase of a nationwide project to install solar systems on municipal buildings across the country. The initiative targets over 100...

May 5, 2026

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Meghana Prasad

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Other

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Renewable Energy
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Daily News Wrap-Up: JSW Energy Wins SECI’s Battery Energy Storage System Auction

JSW Energy won the Solar Energy Corporation of India’s auction to set up a 125 MW/500 MWh standalone battery energy storage system (BESS) in Kerala. JSW quoted a tariff...

February 27, 2025

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Mercom Staff

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Daily Wrap-up
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Israel Announces Winners of 1.5 GW Energy Storage Auction

Israel’s Electricity Authority has awarded contracts for 1,500 MW high-voltage energy storage capacity to Enlight, EDF, Noy Storage, B-Light, Allied, and Ormat. A total...

February 25, 2025

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Arjun Joshi

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Energy Storage

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Paid

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Tenders & Auctions
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Inventory Write-Downs of $1 Billion Widen SolarEdge’s Net Loss in Q3 FY 2025

Israel-based solar inverter manufacturer SolarEdge‘s net loss expanded by over 1877% year-over-year (YoY) to $1.21 billion in the third quarter (Q3) of...

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Ellomay Solar Secures Financing for 28 MW Solar Project

Ellomay Solar, an Israeli-based renewable energy power generator and developer in Europe and Israel, secured financing for the 28 MW Ellomay solar project in Talaván,...

June 7, 2024

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Staff

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Solar
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SolarEdge’s Q1 2024 Net Loss Narrows to $108.6 Million

SolarEdge, an Israel-based solar inverter manufacturer, recorded a net loss of $108.6 million in the first quarter (Q1) of 2024, an improvement of 37.7% on a...

May 13, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Renewable Developer Ellomay Capital Sells 9 MW Solar Facility in Israel

Ellomay Capital, a renewable energy project developer in Europe, the U.S., and Israel, announced that it had executed an agreement to sell its holdings in the 9 MW...

January 8, 2024

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Staff

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Solar
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SolarEdge’s Revenue from Solar Segment Surges 59% YoY in Q2 2022

Israel-based manufacturer of solar inverters, power optimizers, and monitoring systems, SolarEdge posted revenue of $727.8 million in the second quarter (Q2), a...

August 12, 2022

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Gourav Mishra

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Finance and M&A

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Inverters & BOS

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Solar
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Daily News Wrap-Up: IEX to Resume REC Trading from November 24

Here are some noteworthy cleantech announcements of the day from around the world: The Indian Energy Exchange (IEX) will resume the Renewable Energy Certificates (REC)...

November 23, 2021

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: $421 Million of Loanpal Residential Solar Loans Securitized

Here are some noteworthy cleantech announcements of the day from around the world: Loanpal, an American point-of-sale technology platform for sustainable home solutions,...

April 6, 2021

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Rahul Nair

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Other

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Renewable Energy
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Israel’s Robotic Solar Module Cleaning Company Airtouch Raises $18 Million in an IPO

Israeli robotic solar cleaning service provider, Airtouch Solar, has completed an initial public offering (IPO), raising $18 million at a company post-money valuation of...

March 8, 2021

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Rahul Nair

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Markets & Policy

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Solar
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SolarEdge’s Revenue Inches Up in the Final Quarter of 2020

SolarEdge Technologies, an Israel-based solar inverter provider, announced that its revenue in the fourth quarter of the year ended December 31, 2020 (Q4 2020) was up 6%...

February 19, 2021

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Nithin Thomas

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Finance and M&A

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Solar

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