I don't have a great deal of knowledge when it comes to solar power, or cleantech in general. Nevertheless I wanted to blog about this $418 million acquisition because of the story and location of the business.
Solel is a major employer in our region and the main excitement is that Bet Shemesh (where I live and work) is in the news for all the right reasons.
Solel and its founder Avi Brenmiller have been developing their technologies and growing this business over a decade and a half and have managed to successfully build a business today turning over more than $100 million. This is a fantastic achievement which has now been recognised by the worlds leading renewables engineering company, Siemens.
This blog is to take the opportunity of congratulating Avi and his team on this achievement, and for bringing this success to the neighbourhood!