Eshkol power station is sold in a tender by the Israel Electric Corporation; Meshek's subsidiary is said to have submitted a NIS 10 billion bid for the Ashdod plant
Solar panel cleaning tech co Airtouch Solar set for IPO
Airtouch Solar will be the third robotic solar panel cleaning company to list in Tel Aviv within a few months. It is in dispute with the first - Ecoppia.
The huge appetite of investors on the Tel Aviv Stock Exchange for green energy businesses has proved an incentive for companies in tangential fields to go for IPOs as well. The third company in just a few months dealing in solar panel cleaning robots is now on its way to the local stock market.
The company in question is Airtouch Solar, which as far as is known seeks to raise NIS 80 million ($25 million) at a pre-money valuation of NIS 500 million. Airtouch Solar, which was founded in 2016 by its chairperson Yanir Allouche, develops, manufactures, sells, operates, and maintains robotic solutions for dry (waterless) cleaning of photo-voltaic panels, in order to obtain maximum output. The company says that its solutions are controlled by a computer system that enables the user