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Solar Reservoirs

The company’s entrepreneurial approach is reflected in its pioneering activities that created the floating solar systems segment in Israel, even when the market was adamant that the field lacked economic and regulatory feasibility.

After launching its first pilot in the field in 2015, the company cooperated with the Regulator to determine a regulatory framework for this segment. In 2018, the company connected the first floating system in Israel to the electricity grid.

Thanks to Nofar Energy, this segment now plays an essential role in the Regulator’s roadmap for achieving its 2030 renewable goals. The company leads the segment in Israel and is a leading player in the international arena, with a rich portfolio that covers hundreds of megawatts.