2023-12-01 13:00:00
Doral, a global leader in renewable energy, has been making waves in the industry since its establishment in 2007. With its stock listed on the Tel Aviv Stock Exchange and included in the prestigious Tel Aviv-125 index, the company has solidified its position as a key player in the market.
The company currently has a backlog of projects totaling approximately 15.2 gigawatts (DC), along with 12.3 gigawatt hour of storage. The majority of these projects, approximately 11.8 gigawatts (DC) and 6.4 gigawatt hours of storage, are located in the USA, with additional projects in Israel and Europe, including Italy, Poland, Romania, and Denmark.
In the past nine months, Doral has seen significant growth in its supply of connected and ready-to-connect facilities, which now stands at 444 MWp combined with 442 MWh of energy storage. Furthermore, the company has facilities under construction and nearing construction, totaling 1,340 MWp and 1,337 MWh of energy storage.
The mature projects, which have been or are expected to be connected to the network in the coming months, are projected to generate substantial annual revenues. It is estimated that these revenues will surpass NIS 670 million in 2024, over NIS 1.1 billion in 2025, and exceed NIS 1.5 billion in 2026.
Doral’s impressive growth and projected revenue increase reflect the company’s commitment to expanding their renewable energy portfolio and making significant contributions to the global transition towards sustainable energy solutions.
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