Airengy Ltd., an Israeli company listed on the Tel Aviv Stock Exchange, signed a memorandum of understanding to acquire a 51% stake in Green-Go, an Israeli PV developer and engineering, procurement, and construction (EPC) contractor specializing in agrivoltaics. The transaction marks Airengy’s strategic entry into Israel’s solar engineering and construction market, positioning the company alongside its existing compressed air power plant technology for multiday energy storage and battery energy storage system activities in Europe. Green-Go, active in the Israeli solar market since 2008, brings expertise in complex PV installations, including agrivoltaics and atypical rooftop structures, which Airengy plans to leverage as its EPC unit in Israel upon deal closure. CEO Tal Raz of Airengy highlighted that the deal is expected to accelerate the company’s activities in Israel, generate recurring cash flow, and add a growth engine to its operations. Financial terms were not disclosed, and the transaction remains subject to completion of definitive agreements.