Israeli renewable energy platform Enlight Renewable Energy has announced its intent to raise about US$293 million in an IPO of 14 million ordinary shares on the Nasdaq Stock Market.
Newly granted patents for solar cell architecture that reduces silver costs and increases power generation could see the new technology draw closer to commercialisation.
Israel is planning to scale up solar deployment as part of a new government strategy designed to put the country on track to have 30% of its electricity generation from renewables by 2030.
Airtouch Solar, an Israel-based provider of robotic module cleaning technology, is looking to enter new markets after raising US$18 million in an initial public offering (IPO).
