Renewable energy - Shikun & Binui Energy

As a developer, owner and operator of renewable energy assets, Shikun & Binui Energy operates across the entire value chain, from initiation through development, planning, financing, construction management, operation, and asset management of utility-scale PV projects.

Shikun & Binui Energy gained extensive experience with PV, with ground-mounted PV projects among the core solutions offered since the establishment of the group. Today, Shikun & Binui Energy owns Israel’s largest commercially operated PV project – the 143 MW Tze’elim project, alongside a wide range of utility-scale PV projects, located in Israel, the US, and Europe.

With our deep knowledge and experience in the field, Shikun & Binui Energy serves as an ‘integrated solution provider’, uniquely positioned to develop PV projects of varying scales and diverse configurations, in accordance with relevant regulations and market needs. Our PV asset portfolio consists of 263 MW in operation, 172 MW under construction and 1,200 MW in various stages of development, across four key territories: Israel, the US, Romania, and Italy.

Shikun & Binui Energy is a leader in the development of solar PV and battery storage co-location projects, which play a key role in the global energy transition to renewable energy sources. Being intermittent energy source, PV alone is limited to provide electricity during daytime hours. PV + Storage installations, however, can be dispatched to meet the electricity needs during the peak hours of the evening. The integration of PV and BESS turns solar systems into a permanent, stable, highly available and reliable energy source, that can better correspond to dynamic market demand profiles.

Shikun & Binui Energy currently develops a significant pipeline of PV + Storage facilities with a total capacity of over 1,300 MW integrated with over 4,000 MWh capacity of storage.

Shikun & Binui Energy is taking an active role in the growing segment of dual-use PV projects, where PV systems are co-located with other land uses, such as rooftops, parking lots, water reservoirs, agricultural crops and even highway interchanges. In locations where the available land for renewable energy is limited, dual-use and especially agrivoltaic projects can play an important role in providing sustainable energy solutions to local markets.

Shikun & Binui Energy is currently developing dual-use facilities integrated with BESS to be installed at six interchanges along the Trans-Israel Highway, with a total capacity of ~115 MW / 210 MWh. Shikun & Binui Energy is also embarking on important collaborations with Israel’s largest growers’ cooperatives, with thousands of hectares used for agriculture, involving the integration of PV panels installed above various agricultural crops. Such collaborations exemplify the latest innovations at the intersection of energy and agriculture.

Solar thermal power systems collect and concentrate solar radiation to produce high temperatures needed to generate electricity. A vast array of parabolic troughs and curved mirrors collect and focus the sun’s energy onto tubular receivers. Heat transfer fluid flows through the tubes and is sent to heat exchangers, for generating steam and producing electricity at the power block.

Shikun & Binui Energy developed and operates the 121 MW Ashalim solar thermal CSP power plant, located in the Negev desert, Israel, which provides renewable energy to ~60,000 households. The plant leverages a 545 MWh molten salt storage capacity that enables it to store and discharge energy in full capacity for 4.5 additional hours of clean energy each day.