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Arava Power Company
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Developer of large commercial and utility scale solar PV systems and power plants

Founded in 2006
Founded in

Company type Private Public ()
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Industry Group energy & power

Sector solar

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Israel Hevel Eilot, Israel
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Updated by Cleantech Group on 08/19/2021

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Date Partner Type
03/01/2014
Ecoppia Ecoppia
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Confirmed by Ecoppia
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IPO INFORMATION

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Date Investors Type Amount
05/22/2012 Poalim Capital Markets Poalim Capital Markets , Amitim Amitim , Migdal Migdal , EDF Group EDF Group , Bank Hapoalim Bank Hapoalim (5)
Post-money valuation of
The company closed two separate agreements for photovoltaic plants in the Negev region with 58MW of combined capacity.
Project Finance $204,000,000
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