Solel
| Industry | Solar energy |
|---|---|
| Headquarters | Beit Shemesh, Israel |
| Products | solar thermal equipment |
| Parent | Siemens |
Solel Solar Systems Ltd. (Hebrew: סולל) 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.
In 2007, Solel signed a contract with Pacific Gas & Electric to supply a 553 MW from its planned Mojave Solar Park, California. Solel is also constructing 150 MW of plants in Spain.[1]
In October 2009, Siemens signed a $418-million contract to buy Solel Solar Systems.[2] As part of the deal, Siemens will leave the company headquarters and some of its manufacturing facilities in Israel for at least five years.[3]
Three years later, Siemens announced plans to sell off the subsidiary.[4]
See also[edit]
References[edit]
- ^ Davidson, Paul (2007-07-26). "Pacific Gas & Electric to buy solar power from desert". USA Today. Retrieved 2011-08-09.
- ^ "Siemens to decisively strengthen its position in the growth market solar thermal power" (PDF) (Press release). Siemens. October 15, 2009. Retrieved 2011-08-09.
- ^ Bar, Avi (2008-04-02). "Siemens buys Solel Solar for $418 million". Haaretz. Retrieved 2011-08-09.
- ^ The Big Solar Sell-Off: Siemens Puts Solel On The Block, Forbes, 10/22/2012, retrieved 02/05/2013
