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Yuval Steinitz Israel's renewable energy target: 30% by 2030

Energy minister Yuval Steinitz's plan calls for investment of NIS 80 billion, mostly on solar power plants and storage installations.

LNG  photo: Reuters IEC to sell cheap imported gas to Israeli industry

Israel Electric Corporation will be able to on-sell its surplus LNG at much lower prices than those of gas piped from Israeli reservoirs.

Filling up with gasoline  / Photo: Eyal Izhar, Globes Gasoline prices in Israel to rise sharply Sun night

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise by NIS 0.42 to NIS 5.21 per liter on Sunday night, June 1.

Yiftah Ron-Tal, IEC chairman, photo: IEC PR IEC chairman welcomes Chinese power station bid

China Harbor's involvement in the consortium bidding for Ramat Hovav will be another test of Israeli policy, following US pressure to distance itself from China.

Yitzhak Tshuva  / Photo: Gidon Levin Noy Fund buys Delek's Karish, Tanin royalties

Delek has signed an agreement to sell all its rights to royalties from the Karish and Tanin offshore gas fields to the Noy Fund for NIS 318 million.

Ofer Bloch Photo: Ronny Schitzer IEC raises NIS 1b from institutions

IEC CEO Ofer Bloch: Even at a time of global crisis, investors were not deterred, and injected high demand for the offering.

Doral Renewable Energy Resources installation / Photo: Adit-movies Doral Renewable Energy files for TASE IPO

The company is believed to be planning to raise NIS 150 million at a valuation of NIS 500-550 million.

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