Arava Power commissiones its first US solar project
SUNRAY solar project by Arava Power is now operational in Texas, producing 515 GWh annually. Click here for more details.
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Paz Oil and Partners secure $144M financing for Texas Pv power project
Paz Oil, Arava Power, and Menora Mivtachim secure a $144M tax equity bridge loan for the 272 MW Sunray Project in Texas. The project qualifies for a 10% community energy adder under the Inflation Reduction Act. The financing, supported by a major US financial institution and a leading technology company, aids project construction and operation….