| Acquired by | Siemens |
| Price | $418M |
| Date | 10/09 |
Solel Solar Systems, Ltd., together with its subsidiaries, engages in designing, manufacturing, and installing solar fields for power generation. It offers solar receivers, solar field packages, parabolic trough solar thermal plants, and solar thermal distributed power plants that provide power, heating, and cooling for industrial and commercial uses, such as office buildings, resorts, industries, and hospitals. The company also provides solar heating of water and solar cooling for shopping malls, hospitals, hotels, commercial and industrial complexes, and campuses and government facilities. Solel Solar Systems, Ltd. was founded in 1992 and is based in Beit Shemesh, Israel. It has operations in the United States and Spain.