Solel

Solel made equipment for solar thermal power plants, facilities that used the sun's heat to create steam and turn an electricity generator.

In 2007, Solel signed a contract with Pacific Gas & Electric to supply 553 MW from its planned Mojave Solar Park, California.

[2] In a joint venture with the Spanish Valoriza Energía, Solel planned a parabolic-trough plant in Spain.

[4] As part of the deal, Siemens committed itself to leave the company headquarters and some of its manufacturing facilities in Israel for at least five years.

[5] Three years later, in an environment of plunging prices for photovoltaic power generation, Siemens announced plans to sell off the subsidiary,[6] without success.