Funding Received
$20 Million in 2 Rounds from 2 Investors
Most Recent Funding
$5 Million Debt Financing on December 20, 2012
Description:
Arava Power Company, based in Israel, develops solar solutions for land owners using photovoltaic technology.
Founders:
Yosef Abramowitz
Categories:
Clean Technology
Website:
http://aravapower.com

Detailed Description

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Arava Power Company is Israel's leading solar developer and a pioneer in mid-size and large-size solar fields. Using photovoltaic technology, Arava Power Company brings solar power to Israel without emissions, smoke, noise or use of water.

Founded in 2006, Arava Power Company seeks to supply hundreds of megawatts of green energy to Israel through alliances with kibbutzim, Negev Bedouin, and other Negev landowners. In 2009, Siemens partners with Arava Power Company and invested $15 million to acquire a 40% stake in the company. JNF-KKL also invested in Arava Power Company and the company became the first and only private company investment for JNF-KKL.

Current Team (1)

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Funding Rounds (2) - $20M

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Investors (2)

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  • 3dda3a5accc251f8392d460f352eafd0

    Viola Credit

    Viola Credit, a lending fund, offers tailor-made financing solutions for companies in the...
  • F536a0f05d8113b56ec1ccaa47c4f464

    Siemens Venture Capital

    Through an environment and relationship built on openness, understanding and close teamwork SVC...

Offices/Locations (1)

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  • Office

    Kibbutz Ketura

    D.N. Hevel Eilot

    , 88840

    Israel

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