New electricity company? This is the company that received the license

by time news

Electricity (photo pexels)

The renewable energy company Tralite reports this morning (Monday) on a significant milestone in its operations in Israel. The company announced that it has received a license to supply electricity, thus entering the field of electricity supply in Israel. The license will allow Tralite to communicate directly with business, home and other consumers, and provide them with electricity in accordance with the regulations, including options to offer the private sector means for energy efficiency and charging stations for electric vehicles.

The company intends to promote its activities in the field of electricity supply, and to focus on the sale of clean green electricity that will be produced in renewable energy facilities that it owns. According to the company, entering the field of electricity supply is a significant growth engine for it, in light of the amount of energy it plans to produce in high-voltage and high-voltage projects, PA plans, government support and growing demand for renewable energy consumers. The company is expected to connect to a network of hundreds of megawatts of solar under the new market regulation in the electricity sector.

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Tralite has significant land projects in Israel that are in the stages of initiation and construction, and in particular the Tanach 2 project and the Jordan Valley project, amounting to hundreds of megawatts. The company will serve both as a producer of electricity from solar energy, and as a supplier of electricity, and will be able to maximize the profit potential from the projects it owns. The company intends to act in the near future to sign a series of electricity supply agreements with various consumer entities, including major players in the economy.

Tralite has expressed intentions to adopt the “green supplier” model used in many countries abroad, where the electricity consumer can choose his electricity supplier directly, thus deciding whether his money will be invested in renewable energy or fossil fuels that cause pollution and accelerate global warming and climate change. .

Tralite announced last week the establishment of an independent EPC entity of the company in the field of ground projects, in favor of adopting the company’s strategy to operate throughout the value chain of the construction of solar systems. The company estimates that in light of the fact that it plans to build ground projects of 600 megawatts in the coming years, this strategy will be able to significantly increase the group’s profitability level both in the construction of the projects and in the profitability resulting from the holding of the projects. Owns it in a relatively quick period of time, and will result in these systems being designed and maintained optimally and efficiently in view of the identity of interests between the operating parties. It should be noted that in the field of roofing and roofing, the company is already active as an EPC through its subsidiary Traleit Solartech Ltd. TST, in which Traleit holds approximately 62%.

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