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Arava Power and Uzi Landau sign Power Purchase Agreement

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Uploaded by on Feb 9, 2011

Infrastructure Minister Uzi Landau approved on November 21, 2010 a Power Purchase Agreement (PPA) that was signed between the Keturah Sun company (which is owned by Arava Power) and Israel Electric Corp (IEC). The agreement, which is valid for 20 years and is worth an estimated NIS 250 million, would allow Ketura Sun and Arava Power to provide solar electricity produced in Kibbutz Ketura that will be transferred to IEC's power lines.

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