Siemens Investing $15M in Israeli Solar Power Company Arava
Green Car Congress
AUGUST 30, 2009
The investment is aimed at constructing the solar fields with a significant proportion of Siemens know-how, delivering technology, e.g. inverter and transformers, ensuring new projects for the group. Overall, Siemens has concluded a framework agreement to build solar plants with a total output of 40 megawatts (MW).
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