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The Industrial Council Ramat Hovav approved a new venture that would see Israel's biggest solar venture constructed in its limits. The Tenders Committee accepted an NIS 80 million bid by Sol Project 7. The company will lease 120 acres for the purpose of building a photovoltaic power generation farm. The area in question has been deemed unfit for agricultural or urban development, as it once housed the Ramat Hovav wastewater evaporation ponds. The project is expected to generate 35 megawatts of electricity and once it is operational it will be included in the national power grid. The facility's construction is expected to cost $100 million and its operational costs are estimated at $2.1 million a year.
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