Energy

Israel has traditionally been short of energy sources. Despite being in the Middle East, surrounded by oil-rich neighbors, only the most negligible oil or gas had ever been found in Israel. For a short period after the Six Day War and before the peace agreement with Egypt,...

Enlight Renewable Energy announced it has completed negotiations and signed an agreement to buy the rights in a 100-MW wind energy project in the Qawqaz state Georgia. The project is under development and expected to reach completion within 18-24 months.

The Delek Group announced it has won a bid to purchase the assets of Chevron North Sea Limited. Chevron North Sea operates dozens of oil and gas wells in the North Sea. The purchase price was $2 billion, which after taking into...

charging The Israeli Energy Ministry has finally issued tenders to cities to create electrical charging stations in many parts of the country. Jerusalem will be able to build 100 chargers (each charger charges two cars). Holon will create 60 chargers and Ashdod will...

Chakratec has launched the world's first kinetic powered Electric Vehicle charging station at the Vienna international airport. The project, comes after a successful pilot that was held at Wien Energie's premises in the past year. The system is located...

The Israeli Electric Company (IEC) announced it had made a net profit of NIS 166 million in the first quarter of 2019, up from the loss of NIS 67 million in the first quarter of 2018. The company’s income was NIS 6...