Nofar Energy signs 15-year electricity storage PPA with Cellcom Energy for 100 MW battery projects in Israel
Type: Ppa · Technology: Storage · Country: Israel · Capacity: 100 MW · Value: $820M · Announced: 2026-07-06
Nofar Energy secured a 15-year power purchase agreement (PPA) with Cellcom Energy to supply electricity from its upcoming battery storage projects in Israel, totaling 100 MW of capacity. The deal is valued at approximately NIS 820 million and is designed to enhance grid reliability by providing flexible energy storage solutions. The first facilities under this agreement are scheduled to commence operations in 2027, marking a material step in Israel’s energy transition. Cellcom Energy, a key player in Israel’s energy sector, will purchase the stored electricity to support its operations and grid stability initiatives. The partnership underscores the growing importance of battery storage in integrating renewable energy and managing peak demand in Israel’s evolving energy landscape.
Counterparties
- Nofar Energy (Developer)
- Cellcom Energy (Offtaker)