The Eilat-Eilot Renewable Energy is a public benefit company, owned by the kibbutzim of the Arava, JNF, and local industrial, developmental, and academic entities in Israel.
The company strives to make the southern Arava region an international center for research, development and commercialization of renewable energy technologies. At the same time, the project aims to make the region energy-independent and free from fuel and carbon emissions by the year 2025.
Realizing the vision of Sun Valley in the southern Arava, will help Israel achieve its 2030 renewable energy goals and strengthen Israeli clean technologies all over the world.
Nowadays we are producing 100% of the daytime energy demand in Eilat and in the Arava region and by 2025 we hope to produce renewables 24/7 (with the help of storage).
We are operating a technology incubator and venture capital firm – “Capital Nature”. We are creating new jobs among them: researchers, engineers, teachers and more.
The Renewable Energy Initiative is implementing this goal in cooperation with two local authorities – the municipality of Eilat, the Eilot Regional Council as well as with several government ministries.