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Date of Siemens announcement was October 2009, not 2008.
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[[File:Solel testing site at the National Solar Energy Center in Israel.jpg|thumb|[[Sde Boker]] testing site.]]'''Solel''' Solar Systems Ltd. is an [[Israel]]i [[solar thermal]] equipment designer and manufacturer. Solel makes equipment for solar thermal power plants, facilities that use the sun's heat to create steam and turn an electricity generator.
[[File:Solel testing site at the National Solar Energy Center in Israel.jpg|thumb|[[Sde Boker]] testing site.]]'''Solel''' Solar Systems Ltd. is an Israeli [[solar thermal]] equipment designer and manufacturer based in [[Beit Shemesh]], [[Israel]]. Solel makes equipment for solar thermal power plants, facilities that use the sun's heat to create steam and turn an electricity generator.


Solel has signed a power purchase agreement with [[Pacific Gas & Electric]] to supply a 553 MW solar thermal plant in California. Solel is also constructing 150 MW of plants in Spain.<ref>[http://www.usatoday.com/money/industries/energy/2007-07-25-solar-project_N.htm Pacific Gas & Electric to buy solar power from desert]</ref>
Solel has signed a power purchase agreement with [[Pacific Gas & Electric]] to supply a 553 MW solar thermal plant in California. Solel is also constructing 150 MW of plants in Spain.<ref>[http://www.usatoday.com/money/industries/energy/2007-07-25-solar-project_N.htm Pacific Gas & Electric to buy solar power from desert]</ref>
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In January 2008, [[Ecofin]] Limited, a London-based investment manager specialising in the utilities sector, announced a major new investment in Solel.<ref>[http://www.pr-inside.com/ecofin-invests-105m-in-solel-solar-r409178.htm Ecofin Invests $105M in Solel Solar Systems Limited]</ref>
In January 2008, [[Ecofin]] Limited, a London-based investment manager specialising in the utilities sector, announced a major new investment in Solel.<ref>[http://www.pr-inside.com/ecofin-invests-105m-in-solel-solar-r409178.htm Ecofin Invests $105M in Solel Solar Systems Limited]</ref>
In October 2009, [[Siemens AG]] announced an acquisition of Solel.<ref name="Siemens ERE200910.13e">{{cite press release |title= Siemens to decisively strengthen its position in the growth market solar thermal power. Reference number: Siemens ERE200910.13e |publisher= Siemens AG. Press Office Energy Sector – Renewable Energy Division|date= October 15, 2009|url= http://w1.siemens.com/press/pool/de/pressemitteilungen/2009/renewable_energy/ERE20091013e.pdf|format= PDF|language= english|accessdate= |quote= }}</ref>
In October 2009, [[Siemens AG]] announced an acquisition of Solel.<ref name="Siemens ERE200910.13e">{{cite press release |title= Siemens to decisively strengthen its position in the growth market solar thermal power. Reference number: Siemens ERE200910.13e |publisher= Siemens AG. Press Office Energy Sector – Renewable Energy Division|date= October 15, 2009|url= http://w1.siemens.com/press/pool/de/pressemitteilungen/2009/renewable_energy/ERE20091013e.pdf|format= PDF|language= english|accessdate= |quote= }}</ref>

In 2009, German engineering giant [[Siemens]] signed a $418-million contract to buy Solel Solar Systems. As part of the deal, Siemens will leave the company headquarters and some of its manufacturing facilities in Israel for at least five years. <ref>[http://www.haaretz.com/hasen/pages/ShArtStEngPE.jhtml?itemNo=1129430&contrassID=2&subContrassID=15&title=%27Catching%20the%20sunshine%20%27&dyn_server=172.20.5.5 Catching the sun, [[Haaretz]]]</ref>


==See also==
==See also==

Revision as of 10:30, 7 December 2009

Sde Boker testing site.

Solel Solar Systems Ltd. is an Israeli solar thermal equipment designer and manufacturer based in Beit Shemesh, Israel. Solel makes equipment for solar thermal power plants, facilities that use the sun's heat to create steam and turn an electricity generator.

Solel has signed a power purchase agreement with Pacific Gas & Electric to supply a 553 MW solar thermal plant in California. Solel is also constructing 150 MW of plants in Spain.[1]

In January 2008, Ecofin Limited, a London-based investment manager specialising in the utilities sector, announced a major new investment in Solel.[2] In October 2009, Siemens AG announced an acquisition of Solel.[3]

In 2009, German engineering giant Siemens signed a $418-million contract to buy Solel Solar Systems. As part of the deal, Siemens will leave the company headquarters and some of its manufacturing facilities in Israel for at least five years. [4]

See also

References

  1. ^ Pacific Gas & Electric to buy solar power from desert
  2. ^ Ecofin Invests $105M in Solel Solar Systems Limited
  3. ^ "Siemens to decisively strengthen its position in the growth market solar thermal power. Reference number: Siemens ERE200910.13e" (PDF) (Press release). Siemens AG. Press Office Energy Sector – Renewable Energy Division. October 15, 2009.
  4. ^ Catching the sun, Haaretz

External links