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Israeli companies to launch renewable energy projects in 7 Arab countries

JERUSALEM, Aug. 15 (Xinhua) -- Two Israeli energy companies on Monday announced cooperation on launching renewable energy projects in seven Arab countries.

The two companies, Enlight Renewable Energy and NewMed Energy, signed two memorandums of understanding to jointly set up, develop, and operate the projects in Egypt, Jordan, Morocco, the United Arab Emirates, Bahrain, Oman and Saudi Arabia.

The projects will focus on areas such as solar and wind power production, energy storage and more, the two companies said in separate disclosures to the Tel Aviv Stock Exchange (TASE).

Source: Xinhua News Agency

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Comments
Ann Marie 06:03 19.08.2022
This energy innovation of Israel's is just wonderful. It feels like a miracle. All these countries taking part. President Trump was a big part of this initiative. Just love Trump.
Raphael Porath 00:27 19.08.2022
And this is what peace looks like...no candies distributed to all in Gaza and The West Bank when jews of any age are killed...no parties and no thanks given for jobs and better lives.
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