Solel

Solel Solar Systems Ltd. is an Israeli solar thermal equipment designer and manufacturer based in Beit Shemesh, Israel

Israel

The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...

. Solel makes equipment for solar thermal power plants, facilities that use the sun's heat to create steam and turn an electricity generator.
In 2007, Solel signed a contract with Pacific Gas & Electric to supply a 553 MW from its planned Mojave Solar Park

Mojave Solar Park

The Mojave Solar Park is a solar thermal power facility under construction in the Mojave Desert in California, which is located 100 miles northeast of Los Angeles near Barstow. The 280 MW concentrating solar power plant will cost an estimated $1.6 billion in total and should be completed in 2014...

, California

California

California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...

. Solel is also constructing 150 MW of plants in Spain.

In October 2009, Siemens

Siemens

Siemens may refer toSiemens, a German family name carried by generations of telecommunications industrialists, including:* Werner von Siemens , inventor, founder of Siemens AG...

signed a $418-million contract to buy Solel Solar Systems. As part of the deal, Siemens will leave the company headquarters and some of its manufacturing facilities in Israel for at least five years.