BrightSource, Alstom to build 121 MW concentrated solar plant in Israel

Megalim Solar Power joint venture has won the Israeli government's tender to develop one of three projects with a total capacity of 250 MW

U.S.-based BrightSource Energy and French Alstom signed a contract for a 121 MW concentrated solar power (CSP) plant in Israel. Financial terms of the deal were not provided.

The two companies' Megalim Solar Power joint venture has won the Israeli government's tender to develop one of three projects with a total capacity of 250 MW located in the communal settlement of Ashalim in the Negev Desert.

Megalim is to design and construct the solar power plant, then operate and maintain it for a 25-year concession period after which Israel will own the facility. The facility is due to come online in 2017.

The Ashalim project consists of two CSP farms and one photovoltaic (PV) facility. Together the three systems will account for 2 percent of the installed power capacity in Israel and will help the country meet its target of generating 10 percent of its power from renewable energy sources by the end of the decade.

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