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SolarEdge flotation on Nasdaq, March 2015  credit: Nasdaq SolarEdge to be relegated from S&P 500

This is the latest blow to the solar energy technology company's stock, after  a profit warning for the third quarter and weak guidance for the fourth.

Energean's FPSO Karish rig credit: Energean Court awards Energean full Karish North rights worth $3.4b

The three justice Israel Supreme Court panel dismissed Chevron and Delek unit NewMed Energy's petition for a share in the offshore gas field.

Idan Wallace credit: Ron Kedmi Delek jumps on strong Q3 results

Delek reported net profit of NIS 423 million after a net loss of NIS 404 million in the corresponding quarter of 2022.

Tamar rig credit: PR Gas supply from Tamar reservoir resumes

A month ago, the Ministry of Energy ordered the shut down of the flow of gas from Tamar.

Eshkol power station credit: IEC Dalia Energy again wins Eshkol power station auction

Dalia submitted a bid of NIS 9 billion, the only bid in the auction to buy the power station.

SolarEdge CEO Zvi Lando credit: Eyal Izhar SolarEdge slumps further on bleak revenue guidance

The company expects revenue of $300-350 million, down 60% from the corresponding quarter of 2022. Analysts had predicted revenue of $720 million.

Aviv Tzidon, chairman and founder Phinergy credit: PR Phinergy prevented collapse of cellular networks on October 7

When the electricity supply on the Israeli side of the Gaza border region was knocked out on that fateful Saturday morning, Phinergy’s backup energy system installed at local telecom sites kicked into action.

Israel Katz credit: Marc Israel Sellem Jerusalem Post BP, Eni, SOCAR among Israel gas exploration license winners

Six companies won 12 exploration tenders, with four of the companies new to Israeli offshore exploration.

Doron Blachar Credit: Nir Slakman Ormat buys geothermal, solar energy assets for $271m

The Israeli energy company says these acquired assets have collectively generated an annual revenue of $35 million and an EBITDA of $24 million for 2020-2022.

Zvi Lando  credit: Eyal Izhar SolarEdge plunges 27% after profit warning

The Israeli solar energy company had more than $1 billion wiped off its market cap after publishing disappointing preliminary third quarter results.

SolarEdge CEO Zvi Lando credit: Eyal Izhar SolarEdge down 60% this year but analysts stay bullish

The Israeli solar energy company's share has returned to the price at which it was traded in May 2020 but analysts see future gains.

Yitzhak Tshuva and Yossi Abu launch NewMed credit: Shlomi Yosef NewMed Energy seeks higher offer from BP, ADNOC - report

A panel set up by NewMed Energy, to review the $2 billion offer for a 50% stake, has recommended raising the asking price, sources told "Reuters," putting the deal in doubt.

Ithaca drilling rig credit: Company website Delek unit Ithaca given approval to develop North Sea field

Ithaca Energy chairman: Rosebank stands as the largest undeveloped field in the UK.

Gaza border credit: Eyal Izhar Israel plans solar farms along Gaza border

The solar farm will extend over 3,500-4,250 acres up to a distance of about 500 meters from the Gaza border fence.

Benjamin Netanyahu and Recep Tayyip Erdogan  credit: Reuters/Anadolu Agency Erdogan: Turkey and Israel to start joint energy exploration

“Not only will we start operating energy pipelines to Turkey, but also from Turkey to Europe,” the Turkish president said following his meeting with Benjamin Netanyahu in New York yesterday.

Eshkol power station credit: IEC IEC issues new Eshkol power station tender

A minimum bid of NIS 9 billion is required and the four bidders in the initial tender can again participate with October 17 set as the deadline for bids.

Eshkol Power Station  credit: Yossi Weiss, Israel Electric Corporation Court decision puts Eshkol power station sale back in play

The OPC-Noy consortium's appeal against reopening of the tender was dismissed; the case may now go to the Supreme Court.

Gas rig on Lebanese border credit: Reuters TotalEnergies Lebanon begins gas drilling as Israel could profit

The Qana gas field was one of the main issues in the negotiations to set the maritime border between Israel and Lebanon.

Dr. Eran Inbar credit: Yossi Zveker AI infrastructure monitoring co Prisma Photonics raises $20m

The Israeli company's optical fiber sensing technology offers power transmission operators better ways to manage their grids.

Hadera power station  credit: Shutterstock Israel's grid to gain 2,000 MW of green power

The connection of the additional power produced from renewable sources will considerably reduce the need to burn coal.

Dalia Energies power plant credit: Dalia Energies Teralight to sell Dalia Energies green electricity for NIS 2.2b

Israeli solar energy company Teralight has announced a sales agreement with electricity supplier Dalia Energies for the Ta'anach 2 project.

Gas pump attendant credit: Eyal Izhar Gasoline prices in Israel to rise Friday

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise on Thursday night at midnight September 1, 2022 by NIS 0.08 to NIS 6.94 per liter.

Yitzhak Tshuva  credit: Tamar Matsafi Blow to Tshuva: Cyprus rejects Aphrodite development plan

The plan, which was not approved, included construction of an underwater pipeline that would connect the field in Cyprus to existing production infrastructure in Egypt.

Solegreen's Zrahia solar farm in Israel  credit: Belectric Solegreen abandoning US business after writing off NIS 300m

Renewable energy company Solegreen has decided that California-based subsidiary Kuubix must be sold or shut down.

Tamar gas rig  credit: Albatross Katz approves increased gas exports from Tamar to Egypt

Minister of National Infrastructures, Energy and Water Resources Israel Katz: This step will expand the country’s revenue and strengthen diplomatic ties between Israel and Egypt.

Delek credit: Sivan Faraj As oil prices rise, can Treasury afford gasoline excise cut?

This month alone, Ministry of Finance estimates are that the loss of state revenue due to the cut will be NIS 231 million.

SolarEdge CEO Zvi Lando  credit: Eyal Izhar SolarEdge signs Saudi deal, plunges on weak guidance

The company forecasts third quarter revenue of $880-920 million, 5.1%-9.9% higher than the corresponding quarter, but below the analysts' expectations of over $1 billion.

Minister of  National Infrastructure, Energy, and Water Israel Katz  on visit to Leviathan production platform  credit:  Shlomi Amsalem, Gov't Press Ofiice Israel will expand gas exports, energy minister decides

Minister of National Infrastructure, Energy, and Water Israel Katz: There is no chance of a shortage in local supply.

SPAC  credit: Shutterstock Israel's ZOOZ Power agrees Nasdaq SPAC merger

ZOOZ Power provides flywheel-based power boosting solutions for the electric vehicle charging infrastructure market.

Israel Katz credit: Marc Israel Sellem Jerusalem Post Katz clashes with Smotrich on gas exports

Minister of Energy Israel Katz resents involvement by the Ministry of Finance in the issue of gas exports.

Israel and Jordan to speed up water for electricity deal

In their recent meeting Prime Minister Benjamin Netanyahu and King Abdullah pledged to speed up implementation of the agreement.

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