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title: Arava Power Company - Wikipedia
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> **Original source:** https://en.wikipedia.org/wiki/Arava_Power_Company?utm_source=openai

From Wikipedia, the free encyclopedia

Arava Power Company

Industry

Solar fields

Founded

2006

Founder

David Rosenblatt, Ketura through Ed Hofland, Yosef Abramowitz (active until 2010)

Headquarters

Arava, Negev,

Ketura

,

Israel

Website

[www.aravapower.com](http://www.aravapower.com/)

**Arava Power Company** (APC) Arava Power is a utility-scale renewables Developer-IPP that pioneered Israeli utility-scale PV market. The company founded in 2006 on [Ketura](https://en.wikipedia.org/wiki/Ketura,_Israel "Ketura, Israel") in the [Arava Valley](https://en.wikipedia.org/wiki/Arabah "Arabah"). On June 5, 2011, APC inaugurated Israel's first medium-sized solar field, [Ketura Sun](https://en.wikipedia.org/wiki/Ketura_Sun "Ketura Sun"). The field stretches over 80 [dunams](https://en.wikipedia.org/wiki/Dunam "Dunam") (8 hectares or 20 acres) of land and has an installed power of 4.95MW.[\[1\]](#cite_note-1) As Arava Power installs solar fields only on land zoned solely for agricultural or industrial use.

In the [Ketura Sun](https://en.wikipedia.org/wiki/Ketura_Sun "Ketura Sun") project, [photovoltaic (PV)](https://en.wikipedia.org/wiki/Photovoltaics "Photovoltaics") [solar panel](https://en.wikipedia.org/wiki/Solar_panel "Solar panel") from [Suntech](https://en.wikipedia.org/wiki/Suntech_Power "Suntech Power") company were used, in collaboration with [Siemens](https://en.wikipedia.org/wiki/Siemens "Siemens") Israel. Arava's mission is to supply [Israel](https://en.wikipedia.org/wiki/Israel "Israel") with 10% of its energy needs through clean, renewable solar energy.

Arava Power Company began as a partnership with Kibbutz Ketura.[\[2\]](#cite_note-2) [Israel's](https://en.wikipedia.org/wiki/Israel "Israel") first Prime Minister, [David Ben Gurion](https://en.wikipedia.org/wiki/David_Ben-Gurion "David Ben-Gurion"), was an inspiring figure for the vision of the company. In 1956, Ben Gurion said: "The largest and most impressive source of energy in our world and the source of life for every plant and animal, yet a source so little used by mankind today is the sun... Solar energy will continue to flow toward us almost indefinitely."

In August 2008, [Siemens Project Ventures](https://en.wikipedia.org/wiki/Siemens "Siemens") invested $15 Million in the Arava Power Company.[\[3\]](#cite_note-3)[\[4\]](#cite_note-4)

In November 2010, the [Minister of National Infrastructure, Uzi Landau](https://en.wikipedia.org/wiki/Uzi_Landau "Uzi Landau"), signed a landmark [Power Purchase Agreement](https://en.wikipedia.org/wiki/Power_Purchase_Agreement "Power Purchase Agreement") with Ketura Sun Company, a joint venture between Kibbutz Ketura and Arava worth an estimated 250 Million [NIS](https://en.wikipedia.org/wiki/Israeli_new_shekel "Israeli new shekel"). The agreement is valid for twenty years and guarantees that the energy produced at Ketura Sun will be transferred to the [Israel Electric Corporation's](https://en.wikipedia.org/wiki/Israel_Electric_Corporation "Israel Electric Corporation") power lines. It is the first PPA in Israel with a solar energy company.[\[5\]](#cite_note-5)

In December 2010, [Bank Hapoalim](https://en.wikipedia.org/wiki/Bank_Hapoalim "Bank Hapoalim") signed an agreement with Arava Power to extend a loan of 80 Million [NIS](https://en.wikipedia.org/wiki/Israeli_new_shekel "Israeli new shekel") to APC in order to fund the Ketura Sun project (valued at ~100 Million NIS).[\[6\]](#cite_note-6)

On June 5, 2011, APC inaugurated Israel's first solar field, [Ketura Sun](https://en.wikipedia.org/wiki/Ketura_Sun "Ketura Sun").[\[7\]](#cite_note-7)

On May 22, 2012 Arava Power announced that it had reached financial close on an additional 58.5 MW for 8 projects to be built in the Arava and the Negev valued at 780 Million NIS or approximately $204 Million.[\[8\]](#cite_note-8)

-   [Solar power in Israel](https://en.wikipedia.org/wiki/Solar_power_in_Israel "Solar power in Israel")

1.  [↑](#cite_ref-1) ["Arava Power Company"](http://www.aravapower.com/). [Archived](https://web.archive.org/web/20110707154923/http://www.aravapower.com/) from the original on July 7, 2011. Retrieved June 27, 2011.
2.  [↑](#cite_ref-2) [Arava region of Israel about to be 100 percent solar-powered](https://www.jpost.com/jpost-tech/environment/arava-region-of-israel-about-to-be-100-percent-solar-powered-616630), [Jerusalem Post](https://en.wikipedia.org/wiki/Jerusalem_Post "Jerusalem Post")
3.  [↑](#cite_ref-3) ["Siemens to invest $15 million in Arava Power"](https://oklahoman.com/article/feed/71123/siemens-to-invest-15-million-in-arava-power/). _Oklahoman.com_. [Associated Press](https://en.wikipedia.org/wiki/Associated_Press "Associated Press"). August 28, 2009. [Archived](https://web.archive.org/web/20210331115503/https://www.oklahoman.com/article/feed/71123/siemens-to-invest-15-million-in-arava-power) from the original on March 31, 2021. Retrieved March 23, 2021.
4.  [↑](#cite_ref-4) ["Siemens invests $ 15 million in Israeli solar company Arava Power"](https://finance.siemens.com/financialservices/global/en/press/press_releases/Documents/Press_Release_Arava_Power_eng.pdf) (PDF) (Press release). Siemens AG. August 28, 2009. Retrieved June 27, 2011.
5.  [↑](#cite_ref-5) Moskowitz, Ira; Prophet, The Green. ["Israel signs landmark solar energy agreement with Arava Power"](https://jewishchronicle.timesofisrael.com/israel-signs-landmark-solar-energy-agreement-with-arava-power/). _jewishchronicle.timesofisrael.com_. Retrieved March 23, 2021.
6.  [↑](#cite_ref-6) Waldoks, Ehud Zion (December 14, 2010). ["Construction To Begin On Israel's First Solar Field"](https://www.jpost.com/Sci-Tech/Article.aspx?id=199316). _The Jerusalem Post_. Israel. Retrieved June 26, 2011.
7.  [↑](#cite_ref-7) Levinson, Charles (December 14, 2010). ["In Israel, Big Solar Field Begins to Rise"](https://www.wsj.com/articles/SB10001424052748704681804576017623034544088). _Wall Street Journal_. [ISSN](https://en.wikipedia.org/wiki/ISSN_\(identifier\) "ISSN (identifier)") [0099-9660](https://search.worldcat.org/issn/0099-9660). Retrieved March 23, 2021.
8.  [↑](#cite_ref-8) Roca, Marc (May 22, 2012), ["Arava Closes Funding For $204 Million Israeli Solar Plants"](https://www.bloomberg.com/news/2012-05-22/arava-closes-funding-for-204-million-israeli-solar-plants-1-.html), _Bloomberg_, retrieved June 3, 2012

-   [Official website](http://www.aravapower.com/)
-   [Arava Power Company YouTube Channel](https://www.youtube.com/aravapower/)