Enlight Energizes the First Wind Turbine at Genesis Wind, Israel's Largest Renewable Energy Project
TEL AVIV, Israel, June 12, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”) (NASDAQ: ENLT, TASE: ENLT) a leading global renewable energy platform, is pleased to announce the successful commissioning of the first wind turbine at Genesis Wind. With a total capacity of 207 MW, Genesis Wind is set to be the largest renewable energy project in Israel, revolutionizing the renewable energy landscape across the country.
The wind farm, located in Northern Israel, features 39 cutting-edge wind turbines from General Electric that will harness the abundant wind resources of the region. The 207 MW project is expected to provide clean energy equivalent to the yearly consumption of 70,000 households, saving 180,000 tons of CO2 emissions annually.
Moreover, Enlight's commissioning of Genesis Wind includes the electrification of the first privately developed HV 161 kV underground cable in Israel, extending 27 kilometers. This pioneering interconnection project will not only deliver electricity from Genesis Wind to population centers across the country, but also will enable Enlight to deliver electricity from additional renewable energy projects it is developing in the area. In a world that has become increasingly interconnection constrained, Enlight continues to focus on an interconnection-led “land and expand” strategy to develop utility scale renewable energy projects worldwide.
"The successful commissioning of the first wind turbine at Genesis Wind marks a significant milestone in Israel's renewable energy journey," said Gilad Yavetz, CEO at Enlight. "The Genesis Wind project further solidifies Enlight’s position as a key player in Israel's renewable energy sector, and we remain steadfast in our commitment to developing additional utility scale projects across the country, facilitated through our land and expand strategy focused on large scale projects around key interconnection infrastructure.”
Enlight anticipates that Genesis Wind will achieve full commercial operation by the end of the third quarter of 2023. In its first full year of operations, Genesis Wind is expected to generate
About Enlight Renewable Energy:
Founded in 2008, Enlight develops, finances, constructs, owns, and operates utility-scale renewable energy projects. Enlight operates across the three largest renewable segments today: solar, wind and energy storage. A global platform, Enlight operates in the United States, Israel and 9 European countries. Enlight has been traded on the Tel Aviv Stock Exchange since 2010 (TASE: ENLT) and completed its US IPO (NASDAQ: ENLT) in 2023.
Forward-Looking Statements
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For additional information:
Enlight Renewable Energy
Dan Politi
For media kit:
https://enlightenergy.co.il/data/enlight-at-a-glance/
