About

Meshek Energy is one of the leading companies in the field of renewable energies in Israel. Standing at the forefront of the progressive local and global sustainability revolution, it continues to expand its activities in various disciplines of renewable energy by initiating, building and operating projects, expanding its existing assets and becoming integrated in the production of electricity from renewable sources in Israel. Together these actively support the efforts to protect the environment, reduce dependence on fossil fuels, help achieve goals set by the Israeli government and provide value to all of the company’s partners and investors.

Meshek Energy was founded in 2016 and it was issued on the Tel Aviv Stock Exchange in June 2020. The company is active in diverse areas of renewable energy including: large-scale ground-based solar projects, roof top solar arrays, floating solar plants on reservoirs, power storage facilities and infrastructures for electrically powered transportation.

Entrepreneurship is a valued precept in Meshek Energy’s worldview. Hence, the company suits itself to the sector’s ever-changing dynamics, constantly evaluating business opportunities that coincide with its core areas in the energy sectors, for example,” SolAgro” activity that combines solar production and sustainable agriculture, Waste to Energy projects and entering the commercial realm of electricity.

The company and the agricultural settlements have a strong, historical affinity, it is presently controlled by 8 financial organizations that form an association of 280 kibbutzim in Israel. The rest of the company’s shares are held by institutional and public investors. Concurrent with its focus on agricultural settlements, the company is also active within private land allotments, industrial and commercial zones, the Arab and Bedouin sectors and more.

Meshek Energy. Because it’s time to light up the future with renewable energies.

Timeline

2016

Founding of the company (Mishkei Hakibbutzim, Mishkei HaDarom and Mishkei HaNegev)

2017

Construction of 4 projects in the framework of Competitive Tender (MV) No. 1

2018

Awarded Competitive Tender (MV) No. 2 – 17MW
Commercial operation of Tarabin, Ein Tzurim, Dorot and Talmei Yaffe projects – 49 MW

2019

Awarded high voltage Tender- 67MW
Mishkei Galil Elyon, Mishkei Emek Bet She’an and Mishkei Emek Yizrael join as shareholders
Commercial operation of the Mesilot Project – 5 MW
Awarded 110 MW in rooftop and reservoir projects through a partner company

2020

Awarded Competitive Tender (MV) No. 4 -51 MW
Emek Hayarden and Granot join the company’s control group
The Company is issued on the Tel Aviv Stock Exchange
Acquisition of 50% of Sonol EVI
Issuance of an NIS 220 million (nominal value) corporate bond for project finance
Awarded Competitive Tender No. 2 integrating storage – 120 MW

2021

Acquisition of 3.45% of AirTouch Solar
Acquisition of income-producing projects – 25MW
Commercial operation of Kfar Blum project – 10 MW
Memorandum of Understandings for the acquisition of 500MW solar projects in the US
Joint-venture with Cellcom (one of the leading communication services providers in Israel) in the field of electric supply
Completion of 3 ground solar projects, with aggreagte installed capacity of 35MW, as part of Competitive Tender No. 4 (Kefar Azza, Beit Kama, Lotan)
Completion of a NIS90 Public Offer

What We Do

Ground-based Solar Installations

Meshek Enegry’s core activity is initiation, development, building and operation of large-scale ground-based projects. The company owns some 143MW of income-producing ground-based projects. Furthermore, in 2021-2023, the company will be building additional ground-based projects in a scope of 200MW and promoting the development of additional projects in a scope of 2,000MW. Meshek Energy has proved its capacity to maintain long-term engagements with landowners, while forming true partnerships with them in the projects.

Rooftops and Reservoirs

Through a designated partnership, Meshek Energy is among the leading companies in the sector operating and building over 140MW in some 100 projects on 70 different sites, on rooftops, and on reservoirs and their embankments.

Energy Storage

Meshek Energy is currently building PV installations in a scope of 120MW integrating a storage capacity of some 160 MWh.
The Company develops Stand-Alone storage projects for both the transmission grid and as a storage solution for end-users (factories, Kibbutzes etc.)
In addition, the Company is cooperating with other leading global companies leading in this field, including SolarEdge.

SolAgro

Combining solar installations with agricultural crops (maximizing the use of agricultural land) is an essential step in fulfilling Israel’s renewable energy goals. For that purpose, Meshek Energy has entered into an agreement with the Volcani Center to draw up work protocols that will enable maintaining and enhancing the agricultural activity underneath the solar activity.
The Company has submitted 49 proposals in 24 locations as a part of the Request for Offers of the Israeli Energy and Agriculture Ministries, out of a 139 proposals submitted in total.

Electric Transportation

As part of the global green revolution and as part of our mission to reduce the use of fossil fuels, through partnering with Sonol and their joint holding in a subsidiary company, Meshek Energy is working to promote the deployment of charging stations for electric vehicles. In the framework of the company’s activity it was awarded numerous tenders published in local authorities and central commercial areas throughout the country. Furthermore, the company is working on setting up hundreds of charging stations in the kibbutz sector to form a national kibbutz network. Meshek Energy believes that creating a substantial infrastructure of charging stations will serve as a significant catalyst to adopt the use of electric vehicles in Israel, it will promote the reduction of the use of dirty fuels and will provide a clean and sustainable future.
EVI website

Electric Supply

The new reform in the Israeli electric market opens the electricity provision sector for competition. For that purpose, the Company signed with Cellcom on an exclusive joint venture in this field. The Company sees this reform as an opportunity to provide clean electricity from renewable resources to all end users in the near future.
Energy website

Overseas Solar Entrepreneurship

In compliance with the Company's long term strategy, the Company recently approved a potential; transaction in the US for the acquisition of the development rights of 170MW solar plant in Arizona and 300MW solar plants in Texas.

What We Do

The team members at Meshek Energy have decades of accumulated knowledge and experience as well as extensive techno-economic abilities in initiating, building, managing and operating solar energy projects.

Abundant experience in the infrastructure and energy sectors

Together, the team members at Meshek Energy have decades of accumulated knowledge and experience as well as extensive techno-economic abilities in initiation, building, management and operation in the solar energy, infrastructure and energy sectors.

Entrepreneurship and expeditiousness

Meshek Energy has the proven ability of rapid growth. Within the three years from the date of its establishment the company has accrued an impressive portfolio of income-producing projects, projects in the midst of construction and temder-awarded projects in the scope of 470MW.

Implementation of unique projects

The company is experienced in promoting and implementing unique and groundbreaking projects in Israel. For example, Meshek Energy established the first solar field for the Bedouin population in the Negev on the lands of the Tarabin tribe; hence the field has provided jobs and income for tens of Tarabin families. In Kibbutz Mesilot, the company built a project which, for the first time in Israel, implemented a revolutionary technology that enables more effective use of the land.

Provides professional response for every stage of the project

Meshek Energy provides the projects with response throughout the entire value chain: feasibility tests, entrepreneurship and statutory development, finance, design, execution, construction, operation and maintenance.

Full cooperation with the kibbutzim and with business partners

In all its projects, the company encourages the asset holders to become true partners, and enjoy the profits of the project in addition to their income from the land. The company manages hundreds of partnerships while focusing its attention on the unique needs of each and every customer.