Energix Renewable Energies Ltd. is a power producer specializing in

renewable energy Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy ...

, currently active mainly in the field of

Photovoltaics Photovoltaics (PV) is the conversion of light into electricity using semiconducting materials that exhibit the photovoltaic effect, a phenomenon studied in physics, photochemistry, and electrochemistry. The photovoltaic effect is commercially us ...

and

Wind power Wind power or wind energy is mostly the use of wind turbines to electricity generation, generate electricity. Wind power is a popular, sustainable energy, sustainable, renewable energy source that has a much smaller Environmental impact of wi ...

. Energix is a public company traded in the

Tel Aviv Stock Exchange The Tel Aviv Stock Exchange (TASE; ; colloquially known as The Bursa, ) is Israel's only public stock exchange and a public company that has been traded on the Tel-Aviv Stock Exchange since August 1, 2019. Legally, the exchange is regulated by ...

since May 2011 (). Energix is owned (72%) by Alony Hetz Properties and Investments Ltd. (TASE: "ALHE”), one of the largest real-estate investment group in

Israel Israel (; he, יִשְׂרָאֵל, ; ar, إِسْرَائِيل, ), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a country in Western Asia. It is situated ...

History

Energix was founded in 2009 as a fully owned subsidiary of Amot Investments Ltd. (TASE: "AMOT”), the Israeli real estate subsidiary of Alony Hetz, under the name of Amot Energy Ltd. Energix made its first steps by installing "small scaled" (50 KWp) roof-top PV systems on industrial parks buildings owned by Amot industrial parks. In 2010, Energix began developing "medium scaled" projects both on assets owned by Amot as well as through assets owned by its partnership it established with the Granot group. In December 2014, after an 11 month construction period, Energix has connected the Neot Hovav 37.5 MWp solar park. It was the first and largest Grid Connected PV Solar Park in Israel. In December 2015, Energix completed the construction of a

wind farm A wind farm or wind park, also called a wind power station or wind power plant, is a group of wind turbines in the same location used Wind power, to produce electricity. Wind farms vary in size from a small number of turbines to several hundre ...

with a capacity of 50 MW in

Poland Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populous ...

. It is the first stage out of a total capacity of 192 MW. Energix is the winner of "The most Innovative Renewable Energy Company Award" for 2015 of The New Economy Magazine. It is the first Israeli company to win an award in the magazine. Energix' involvement in a project involves financing, gathering regulatory approval, subcontractor management and upon completion of the project, ownership, maintenance and operations of the site. Energix is located in the

Moshe Aviv Tower Moshe Aviv Tower ( he, מגדל משה אביב), is a skyscraper located in the demarcated area of the Diamond Exchange District (Israel Diamond Exchange) on Jabotinsky Road (No. 7) in the Tel Aviv District city of Ramat Gan, Israel. The 68-sto ...

Ramat Gan Ramat Gan ( he, רָמַת גַּן or , ) is a city in the Tel Aviv District of Israel, located east of the municipality of Tel Aviv and part of the Tel Aviv metropolitan area. It is home to one of the world's major diamond exchanges, and many ...

, and currently employs around 25 employees.

Criticism

Involvement in Israeli settlements

On 12 February 2020, the

United Nations The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and international security, security, develop friendly relations among nations, achieve international cooperation, and be ...

published a

database In computing, a database is an organized collection of data stored and accessed electronically. Small databases can be stored on a file system, while large databases are hosted on computer clusters or cloud storage. The design of databases sp ...

of 112 companies helping to further

Israeli settlement Israeli settlements, or Israeli colonies, are civilian communities inhabited by Israeli citizens, overwhelmingly of Jewish ethnicity, built on lands occupied by Israel in the 1967 Six-Day War. The international community considers Israeli se ...

activity in the

West Bank The West Bank ( ar, الضفة الغربية, translit=aḍ-Ḍiffah al-Ġarbiyyah; he, הגדה המערבית, translit=HaGadah HaMaʽaravit, also referred to by some Israelis as ) is a landlocked territory near the coast of the Mediter ...

, including

East Jerusalem East Jerusalem (, ; , ) is the sector of Jerusalem that was held by Jordan during the 1948 Arab–Israeli War, as opposed to the western sector of the city, West Jerusalem, which was held by Israel. Jerusalem was envisaged as a separat ...

, as well as in the occupied

Golan Heights The Golan Heights ( ar, هَضْبَةُ الْجَوْلَانِ, Haḍbatu l-Jawlān or ; he, רמת הגולן, ), or simply the Golan, is a region in the Levant spanning about . The region defined as the Golan Heights differs between di ...

. These settlements are considered illegal under international law. Energix was listed on the database on account of its "use of natural resources, in particular water and land, for business purposes" in these occupied territories. On 5 July 2021,

Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...

's largest pension fund

KLP KLP may refer to: *Kommunal Landspensjonskasse, Norwegian mutual insurance company * KLP Eiendom, Norwegian real estate management company *KLP (musician), Australian singer-songwriter, record producer, DJ and radio personality * Kamasa language, IS ...

said it would divest from Energix together with 15 other business entities implicated in the UN report for their links to Israeli settlements in the occupied West Bank. Energix Renewable Energies stated that, as of June 2021, it had divested from its activities in the West Bank.

References

External links

Energix Renewable Energies Ltd. Company WebsiteEnergix IPO from 2011Energix Neot Hovav Solar Farm InitiationEnergix Neot Hovav Solar Farm CompletionWind Farm in PolandThe New Economy Award for 2015, Energix is found under the Cleantech CategoryAn article about Energix in The 2015 Winter Edition of The New Economy can be found on page 66/ Energix's Wind Farms mentioned in Israel's Oil & Gas Industry Newsletter provided by the United States of America Department of Commerce/ Tech Nation Energix Buys Polish Wind Farm Project
{{Energy in Israel Renewable energy economy Energy companies established in 2009 Renewable resource companies established in 2009 Israeli companies established in 2009 Companies listed on the Tel Aviv Stock Exchange Electric power companies of Israel Companies based in Ramat Gan

History

Criticism

Involvement in Israeli settlements

See also

References

External links