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January 25, 2022

Ramat Hovav Solar Park, Israel

By Carmen

Ramat Hovav Solar Park is a 37.5MW solar PV power project. It is located in South, Israel. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in December 2015.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 37.5 37.5 Active South, Israel Solaer Energias Renovables

Description

The project was developed by Solaer Energias Renovables and is currently owned by Energix Renewable Energies with a stake of 100%.

Ramat Hovav Solar Park is a ground-mounted solar project which is spread over an area of 480,000 square meters.

The project supplies enough clean energy to power 40,000 households, offsetting 48,700t of carbon dioxide emissions (CO2) a year. The project cost is $106.55m.

Development Status

The project got commissioned in December 2015.

Power Purchase Agreement

The power generated from the project is sold to The Israel Electric under a power purchase agreement. The power is sold at the rate of $0.63kWh for a period of 20.00 years, starting from 2014.

Contractors Involved

BELECTRIC Israel was selected to render EPC services for the solar PV power project.

First Solar was selected as the supplier of the PV modules for the project. The company installed 400,000 modules at the site.

The inverters were procured from SMA Solar Technology for the project.

About Solaer Energias Renovables

Solaer Energias Renovables (Solaer) is a renewable energy service provider that designs, develops and builds solar photovoltaic, and solar thermal and biomass facilities. The company offers services such as professional development, checking voltage and current leves, panel clearing, internal inverter maintenance, engineering, project management, financing, plant life control, operations and maintenance, and continuous training. Its preventive maintenance extends the service life of equipment, improve safety and reduce the cost of repair operations. The company operates in the UK, England, India, Spain, Italy, Turkey, South Korea, the US and Mexico. Solaer is headquartered in Pozuelo de Alarcon, Spain.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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