Rav Barih’s green energy arm concludes a year with a turnover of approximately NIS 70 million

by time news

Barih-Golan company, summarizes the first year of activity in the field of renewable energy. The company has taken a central place in the market as the official importer of one of the main and leading brands in the market: “Trina Solar” the second largest solar panel company in the world with sales in the amount of GW65 worldwide, and sales in Israel of over 250MW in 2022. And the inverter brand “Growatt” – the world’s largest inverter manufacturer for the market Home and one of the 5 companies leading the market of commercial converters.

Also, in the fourth quarter, the company opened a factory for the production of construction for solar systems, thus fulfilling the vision of the ONE STOP SHOP in the first year of its operation.

As mentioned, these days the company is working on opening production lines for unique constructions, such as sun-tracking systems (trackers), solar fences, dual-use sheds, etc., and this with extensive investment both in product development, both in the production lines and in the quality assurance system. The company’s goal It is the positioning of the tracker as an off-the-shelf product for all contractors, a possibility that does not exist in Israel today.

The company decided on its investment in this field with the understanding that the market is already in an ever-increasing scope of dual-use facilities that require creative solutions in steel and aluminum, with a brand with manufacturing experience, capable of maintaining quality while meeting a price threshold that justifies the economics of building the facilities.

CEO of Rav Barih Group Idan Zoertz: “The energy company in the Rav Barih Group and the subsidiary Barih-Golan show that already in their first year of activity the connection to the market leadership of Rav Barih together with a leading and advanced product portfolio and the cooperation with Golan-Solar, brings results in the line as well The revenues and also the profit line. In a short time, the company has occupied a central place in the solar market in Israel, which is a growing market and is one of the growth engines of the Rav-Barih Group for the coming years.

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