Towards a Greener Future
In response to the climate crisis, global electricity production is increasingly transitioning from fossil fuels to renewable energy. Ashtrom Renewable Energy is actively supporting this shift through strategic, long-term partnerships. As an independent power producer (IPP), the company focuses on solar, wind, and energy storage projects worldwide, advancing clean energy production and fostering a sustainable future.
Leading Solar Projects Worldwide
Ashtrom Renewable Energy has launched operations of Tierra Bonita, a 399 MSdc (306 MWac) solar facility located in Pecos County, Texas, with an investment of $435 million. Covering 2,224 acres, the facility can power approximately 75,000 households and reduce CO2 emissions by 500,000 metric tons annually. Additionally, the company is involved in early-stage development in Greece (Greenfield) with a total capacity of 394 MWh, and is constructing and operating eight solar projects in Israel.
Energy Storage
Energy storage enables the use of solar energy beyond daylight hours, helps address grid challenges, and provides a power reserve during emergencies. Ashtrom Renewable Energy is currently evaluating several energy storage projects that are at various stages of initiation and construction.
Harnessing Wind Power
Wind energy is considered one of the most cost-effective, environmentally friendly sources of power, surpassing even solar energy in global capacity. Ashtrom Renewable Energy invests in a wind energy project in Poland, producing approximately 260 MW.