Enlight Renewable Energy
Corporate brand
UnclaimedIsraeli renewable-energy developer and operator focused on utility-scale solar, wind, energy storage and related electricity services.
Last updated November 4, 2026
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Overview
Enlight Renewable Energy is an Israeli renewable-energy company that develops, constructs, owns and operates electricity-generation and storage assets. Its principal technologies are utility-scale solar photovoltaic generation, onshore wind power and battery energy storage. The company also works on agrivoltaic projects that combine photovoltaic generation with agricultural production, distributed-energy systems for municipalities and commercial customers, green-electricity supply, and selected infrastructure projects linking renewable power with data centers. The business was founded by Gilad Yavetz, Zafrir Yoeli and Amit Paz. It became a public company in Israel in June 2010 through a reverse merger with Sahar Investments, a shell company associated with Shaul Elovitch's Eurocom Group. Following the transaction, Sahar changed its name to Enlight Renewable Energy. Early development activity included solar projects in Israel and Italy, rooftop photovoltaic initiatives, and proposed wind projects in the Golan Heights. A major early milestone was the Halutziot solar complex in Israel's western Negev. Enlight received approvals for the 55 MW project in 2013, and the facility began operating in 2015. At the time, it was described as Israel's largest solar project. The complex was later expanded and repowered with Halutziot 2, adding 32 MW of solar capacity and 66 MWh of energy storage. Enlight subsequently developed Genesis Wind in the Golan Heights. The project contains 39 turbines with total capacity of approximately 207 MW and began commercial operations in 2023. It has been described by the company as Israel's largest renewable-energy project and was among the country's first large wind facilities connected to the national grid. Enlight expanded substantially in North America through its 2021 acquisition of a controlling interest in Clēnera, a United States solar and storage developer. The transaction gave Enlight access to Clēnera's development pipeline and strengthened its position in the American utility-scale market. Projects associated with the U.S. platform include solar-and-storage developments in Arizona, New Mexico and California, as well as solar projects in Iowa and other states. S&P Global Commodity Insights ranked Enlight as the fifth-largest developer of utility-scale solar and storage projects in the United States by pipeline capacity. The company has also built a European portfolio, including the Gecama wind project in Spain and Björnberget in Sweden. Its geographic structure is organized around United States, Europe and MENA divisions, supported by execution and corporate functions. A memorandum of understanding signed with NewMed Energy in 2022 contemplated renewable-energy development across Morocco, the United Arab Emirates, Bahrain, Oman, Saudi Arabia, Egypt and Jordan. In February 2023, Enlight completed a U.S. initial public offering and began trading on Nasdaq under ENLT. The company was also added to the TA-35 Index in Israel during the same month. Its activities in Israel have broadened beyond generation: Enlight Enterprise supplies renewable electricity to corporate and public-sector customers, while a 2024 joint venture with Electra Power entered the household electricity market. Enlight Local, formerly known as Meidan, was established to provide distributed-energy solutions for municipalities, businesses, organizations and rural communities. Enlight's newer initiatives include solar-and-storage clusters, agrivoltaic sites, standalone batteries, and projects that integrate renewable generation with agricultural land or data-center infrastructure. In 2024 it acquired an 80 percent interest in Aria, an Israeli company focused on non-utility solar and storage. In 2025 it won Israeli tenders connected with large-scale battery storage and an integrated data-center and solar complex in the Ashalim region. The company remains an active international renewable-power platform, although the precise scale of its operating portfolio and development pipeline changes as projects reach construction or commercial operation.
History
Enlight Renewable Energy was established by Gilad Yavetz, Zafrir Yoeli and Amit Paz as an Israeli renewable-energy development company. Its early work centered on solar generation, rooftop photovoltaic installations and prospective wind developments. In June 2010, the company entered the Tel Aviv Stock Exchange through a reverse merger with Sahar Investments, a shell company associated with Eurocom Group. The listed entity adopted the Enlight Renewable Energy name after the transaction. The company developed an early Israeli presence through public and private projects. In January 2011 it won a tender to install photovoltaic panels on buildings at Israeli military bases. That year it also reached agreements with six Golan Heights communities concerning possible wind-turbine development, subject to regulatory and defense approvals. Enlight entered Italy in 2010 through agreements to establish special-purpose companies for solar farms and rooftop projects. Halutziot became one of the company's defining projects. Enlight obtained approvals in 2013 for a 55 MW solar site in Israel's western Negev. The project entered service in 2015 and was then Israel's largest solar facility. In 2023, the complex was expanded through Halutziot 2, adding 32 MW of solar generation and 66 MWh of storage. The project illustrates Enlight's transition from stand-alone renewable generation toward hybrid generation-and-storage assets. Wind development became another core activity. Enlight received approval in 2018 for the Genesis Wind project, also known as Emek HaBacha, in the Golan Heights. Although earlier schedules anticipated completion around 2020 or 2021, regulatory and other factors delayed full commercial operation. Electricity sales began in 2023, with 39 turbines ultimately representing approximately 207 MW. The project was presented as a major milestone for Israeli wind power and as the country's largest renewable-energy development. Enlight expanded internationally through Europe and the United States. Its European portfolio came to include projects such as Gecama in Spain and Björnberget in Sweden. Enlight acquired the Björnberget wind project in 2020; the first turbine became operational in 2022 and the project progressed toward commercial operation during 2022–2023. The company's U.S. expansion accelerated in June 2021, when it agreed to acquire 90.1 percent of Clēnera, a Boise, Idaho-based solar and storage developer. Clēnera's founders retained the minority interest. The acquisition supplied Enlight with a substantial American project pipeline, including developments in Arizona, New Mexico, California, Iowa and other states. In August 2022, Enlight and NewMed Energy signed a memorandum of understanding concerning a potential renewable-energy joint venture in Morocco, the United Arab Emirates, Bahrain, Oman, Saudi Arabia, Egypt and Jordan. In February 2023, Enlight completed a U.S. IPO and listed its ordinary shares on Nasdaq under ENLT. It was also added to the TA-35 Index on the Tel Aviv Stock Exchange. These events strengthened the company's capital-market access and supported its international growth strategy. The Israeli business subsequently broadened into electricity supply and distributed energy. Enlight Enterprise supplies renewable electricity to customers including Amdocs, BIG Shopping Centers, SodaStream, Vishay and NTA, the Tel Aviv metropolitan mass-transit operator. In March 2024, a joint venture with Electra Power entered the household electricity market, with Electra Power holding 65 percent and Enlight holding 35 percent. Enlight Local, formerly named Meidan, was launched in April 2024 to help municipalities, commercial organizations, rural communities and other users develop local energy-independence solutions. Agrivoltaics became a further area of development. Enlight's stated approach places agricultural use first while integrating photovoltaic arrays, storage and precision-agriculture technologies. A project at Moshav Yesha in the Gaza-border area combined solar generation and on-site storage with crop production. Subsequent growing cycles included wheat and sweet potatoes, demonstrating the company's effort to combine renewable infrastructure with continuing agricultural use. In February 2024, Enlight acquired 80 percent of Aria, an Israeli company focused on municipal rooftops, agricultural solar and other non-utility solar-and-storage projects. In October 2024, the company reported completion of a 12-site Israeli solar-and-storage cluster totaling 254 MW of solar capacity and 594 MWh of batteries. In February 2025, it won two sites in Israel's first high-voltage storage availability tender, securing 300 MW AC of grid connection capacity. In March 2025, it won a tender for a 100 MW data center and solar facility in the Ashalim region. Later in 2025, the company announced a private placement and financing arrangements intended to support U.S. growth. On 1 October 2025, founder Gilad Yavetz transitioned to executive chairman and Adi Leviatan became chief executive.
- 2025
Israeli storage and data-center tenders
[1]The company won storage grid-connection rights and an Ashalim data-center and solar-development tender.
- 2024
Expansion into distributed and residential energy
[1]Enlight entered household electricity supply through a joint venture and launched Enlight Local for distributed-energy services.
- 2024
Aria acquisition
[1]Enlight acquired 80 percent of Aria, an Israeli non-utility solar and storage company.
- 2023
Nasdaq listing and Genesis Wind operation
[1]Enlight completed its U.S. IPO, began trading on Nasdaq as ENLT, entered the TA-35 Index and brought Genesis Wind into commercial operation.
- 2022
NewMed renewable-energy memorandum
[1]Enlight and NewMed Energy signed a memorandum concerning a potential renewable-energy joint venture in several MENA markets.
- 2021
Clēnera acquisition
[1]Enlight acquired a 90.1 percent stake in U.S. developer Clēnera, expanding its solar-and-storage platform in North America.
- 2020
Björnberget acquisition
[1]Enlight acquired the Swedish Björnberget wind project.
- 2018
Genesis Wind approval
[1]Enlight received permission to build the Genesis Wind project in the Golan Heights.
- 2015
Halutziot begins operation
[1]The Halutziot facility entered operation and was described at the time as Israel's largest solar project.
- 2013
Halutziot approvals
[1]Enlight received approvals for the 55 MW Halutziot solar project in the western Negev.
Products and positioning
An integrated renewable-energy developer and owner-operator combining utility-scale generation, battery storage, electricity supply and distributed-energy services across Israel, North America and Europe.
Solar power generation
Utility-scale solar
Enlight develops and operates large photovoltaic facilities connected to national or regional electricity networks. Its solar platform spans Israel, the United States and Europe and includes stand-alone projects as well as facilities paired with batteries. Halutziot in Israel is an early flagship project, while the Clēnera platform provides a large U.S. development pipeline.
Wind power generation
Onshore wind
The company develops onshore wind farms, primarily in Israel and Europe. Genesis Wind in the Golan Heights is its most prominent Israeli wind project. European activity includes Gecama in Spain and Björnberget in Sweden, with projects progressing through development, construction and operation.
Battery energy storage
Energy storage
Enlight develops integrated and stand-alone battery-storage facilities in Israel, the United States and Europe. Storage is used to firm renewable generation, provide grid flexibility and participate in electricity-market arrangements. The company has pursued both commercial projects and Israeli grid-connection opportunities awarded through availability tenders.
Agro-solar development
Agrivoltaics
Enlight's agrivoltaic projects place photovoltaic generation above or alongside active farmland while retaining agricultural production. Its stated Agri-First approach involves farmers and agronomists and may combine crops, precision agriculture, low-visual-impact structures and on-site energy storage.
Electricity retail and supply · 2024
Green electricity supply
Through Enlight Enterprise and related ventures, the group supplies renewable electricity to corporate, infrastructure and household customers in Israel. The activity extends the company downstream from asset development into customer contracts and electricity services.
Distributed-energy services · 2024
Distributed energy
Enlight Local provides energy-independence and distributed-generation solutions for municipalities, businesses, organizations and rural communities. The activity can include local solar generation, storage and energy-management systems rather than only large centralized power plants.
Marketing campaigns
- Agri-First agrivoltaic initiative
Israel
Enlight promotes agrivoltaic development that preserves agricultural use while adding photovoltaic generation and, where appropriate, storage. The Moshav Yesha project used crop production alongside solar infrastructure and became a public example of the company's dual-use land approach.
Outcome. Additional Israeli agrivoltaic projects were advanced, with reported crop cycles including wheat and sweet potatoes.
Brand decisions
2025
Pursuit of large-scale storage and energy-intensive infrastructureStrategyBackground
Enlight pursued opportunities created by growing demand for grid flexibility, renewable electricity and data-center capacity.
Action taken
The company won rights connected with two Israeli battery projects totaling 300 MW AC of grid connection and a tender for an integrated data-center and solar complex in Ashalim.
Aftermath
The awards expanded Enlight's Israeli storage pipeline and linked its renewable platform with data-center infrastructure.
2025
Founder-to-chairman leadership transitionOtherBackground
Enlight adjusted its senior leadership structure as the company continued its international expansion.
Action taken
On 1 October 2025, Gilad Yavetz moved from chief executive to executive chairman and Adi Leviatan became chief executive.
Aftermath
Yavetz retained a senior strategic role while day-to-day executive leadership passed to Leviatan.
2024
Move into residential and distributed energyStrategyBackground
The company sought to broaden its business beyond utility-scale generation and serve smaller electricity users and local energy systems.
Action taken
Enlight formed a household electricity-supply joint venture with Electra Power and established Enlight Local for distributed-energy projects.
Aftermath
The group gained downstream activities serving households, municipalities, businesses and rural communities.
2024
Acquisition of AriaM&ABackground
Enlight aimed to increase its presence in non-utility solar, municipal rooftops and agricultural solar and storage.
Action taken
It acquired an 80 percent stake in Israeli renewable-energy company Aria.
Aftermath
Aria joined Enlight's Israeli platform for distributed and non-utility renewable projects.
2023
U.S. public-market expansionOtherBackground
Enlight pursued broader access to international capital markets as its operations expanded beyond Israel.
Action taken
The company completed an initial public offering in the United States and listed on Nasdaq under ENLT.
Aftermath
Enlight retained its Tel Aviv listing while adding a U.S. market listing.
2021
Acquisition of ClēneraM&ABackground
Enlight sought to expand its North American renewable-energy development capabilities and gain access to a large solar-and-storage pipeline.
Action taken
The company acquired a 90.1 percent interest in U.S. developer Clēnera, while its founders retained the remaining interest.
Aftermath
Clēnera became the foundation of Enlight's U.S. platform, with projects across multiple states.
Recent events
Reported
Enlight Renewable Energy reports third-quarter 2026 results[2]
Enlight Renewable Energy reported financial results for the quarter ended September 30, 2026, including total revenues and income of $231 million and adjusted EBITDA of $154 million.
Reported
Enlight Renewable Energy raises 2026 guidance[2]
Enlight Renewable Energy announced that it was raising and narrowing its 2026 guidance: revenues and income are expected to range from $810 million to $830 million, and adjusted EBITDA guidance increased to $575 million to $590 million.
Reported
Enlight completes acquisition of 90.1% of Clēnera[3]
Enlight Renewable Energy completed its acquisition of 90.1% of the holdings in Clēnera LLC.
Reported
Enlight announces acquisition of 90% of Clenera[4]
Enlight Renewable Energy Solutions reported that it was buying 90% of US renewable energy company Clenera at a valuation of $433 million. The deal includes 50 solar projects and associated energy-storage capacity.
Reported
Enlight and Prime Green Energy agree to develop Nordic renewable energy projects[5]
Enlight and Prime Green Energy Investment Fund agreed to operate as strategic development partners to promote additional renewable energy projects in the Nordic region.
Reported
Enlight completes acquisition of control in Björnberget wind project[5]
Enlight Renewable Energy announced that it had completed the transaction to acquire control of the Björnberget wind power project in Sweden. Enlight's share in the project will be 55%–61%.
Sources6 sources
- 1Enlight Renewable Energyen.wikipedia.org
- 2Enlight Renewable Energy公布2026年第三季度业绩manilatimes.net
- 3Enlight完成对Clēnera 90.1%股权的收购prnewswire.com
- 4Enlight 宣布收购 Clenera 90% 股权en.globes.co.il
- 5Enlight与Prime Green Energy达成北欧可再生能源项目开发合作prnewswire.com
- 6Enlight Renewable Energy (NASDAQ:ENLT) Releases Earnings Results, Beats Expectations By $0.07 EPSdailypolitical.com
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