The new hydroelectric plant, which will be Israel’s “1st pumped storage power station,” is planned to be built 60 kms (37 miles) east of Haifa, and is anticipated to raise national power generation capacity by 2.5%.
By Ari Yashar
Israel’s first hydroelectric storage facility will be built by Alstom, a French engineering group. The company announced on Thursday that it has won a 120 million euro ($163 million) contract to build the facility, which will reportedly be operational by 2018.
The company said that the project, which will have the group operating and maintaining the 300 MW Gilboa plant for 18 years, “represents Alstom’s first entry into the Israeli hydro market.”
The new facility, which will be Israel’s “first pumped storage power station,” is planned to be built 60 kilometers (37 miles) east of Haifa, and is anticipated to raise national power generation capacity by 2.5%, reports AFP. Continue Reading »