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19 June 2008 - Germany's RWE may bid in the $650m tender to build and operate the solar power plant in Negev, the desert region of southern Israel.
Company representatives from Europe's fourth largest energy firm visited Israel last week and met with executives of HFCI, which is heading one of the consortia in the tender.
HFCI is headed by CEO Alon Bar and Oil Refineries chairman Ohad Marani. The company's consortium includes Germany's Solar Millennium AG, one of the world's top three solar energy companies, and Israeli real estate developer and contractor Minrav.
If RWE signs a cooperation agreement with HFCI, this will be its first venture in Israel. RWE would strengthen HFCI's financial wherewithal as well as providing the experience in the construction and operation of power stations, which HFCI will need to participate in the tender.
In April, Israel's Ministry of Finance published an international tender for the financing, construction, operation, and maintenance of two solar energy plants of 80-125 MW each.
The tender has attracted a number of leading companies in the industry, including Israel's Solel Solar Systems, Luz II, and Israel Corporation subsidiary IC Green, as well as Turkey's SunPower and Spain's Abengoa Bioenergy.
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