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This project aims for completion in H2 2026, reinforcing Afcon's strategy to capitalize on the growing energy storage market. Afcon Holdings has finalized a $24 million contract to develop battery energy storage systems in Israel, targeting a total capacity of approximately 45.
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We develop, own, and operate a multi-GW portfolio of solar energy and energy storage assets in Israel and the USA.
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The government has set a national target of achieving 30% renewable electricity generation by 2030, with solar PV expected to contribute the vast majority of this capacity due to favourable climatic conditions and given Israel's specific geographical and environmental conditions .
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