Genesis Wind Farm is a 206MW onshore wind power project. It is planned in North, Israel. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in multiple phases. The project construction is likely to commence in 2020 and is expected to enter into commercial operation in 2023. Buy the profile here.
The project is being developed and currently owned by Aviram and Enlight Renewable Energy. The company's ownership stake in the project stands as 54% and 46% respectively.
The project is expected to supply enough clean energy to power 60,000 households. The project cost is expected to be around $307.414m.
The wind power project consists of 39 turbines.
The project construction is expected to commence from 2020. Subsequent to that it will enter into commercial operation by 2023.
Power purchase agreement
The power generated from the Genesis Wind Farm (Genesis Wind Farm Phase I) will be sold to Israel Electric under a power purchase agreement. The power will be sold at the rate of $0.099kWh for a period of 20 years.
For more details on Genesis Wind Farm, buy the profile here.
About Enlight Renewable Energy
Enlight Renewable Energy Ltd (Enlight Renewable) is a renewable energy company that invests, develops, finances, constructs, operates and manages electricity production projects that can generate clean energy sources. The company develops photovoltaic technology by which solar energy is converted to electrical energy using solar panels. It also operates wind turbines which convert the kinetic energy from the wind into electricity. Enlight Renewable undertakes and develops various solar energy, wind energy, and hydropower projects. The company’s project portfolio includes Emek Habacha, Selac, Blacksmith, Atilia, Lukovac, Floating Solar, Gecama, and Genesis Wind among others. It has operations across Israel and Europe. Enlight Renewable is headquartered in Rosh Ha'ayin, Israel.