Enlight to Supply Renewable Energy to Applied Materials Israel
TEL AVIV, Israel, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, NASDAQ: ENLT, TASE: ENLT.TA), is pleased to announce that Applied Materials Israel, a division of the leading global microchip producer Applied Materials, has entered into a 15-year corporate power purchase agreement (“PPA”) for the supply of renewable energy to its Israeli operations.
- TEL AVIV, Israel, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, NASDAQ: ENLT, TASE: ENLT.TA), is pleased to announce that Applied Materials Israel, a division of the leading global microchip producer Applied Materials, has entered into a 15-year corporate power purchase agreement (“PPA”) for the supply of renewable energy to its Israeli operations.
- Sourcing power from Enlight will enable Applied Materials Israel to gain traction on its ESG targets and meet a global commitment to use energy from exclusively renewable sources by 2030.
- Gilad Yaavetz, CEO of Enlight Renewable Energy: "We are proud to provide clean electricity to Applied Materials, helping them make practical moves to net zero emissions status.
- I anticipate that demand for renewable energy in Israel will continue to grow as other firms join this trend."