Doral presents a global backlog of 20 GW and 18 GWh of storage with expected revenues of NIS 3 billion

“Imagine all of Tel Aviv or all of Manhattan covered in solar panels. That’s the scale we operate at. We are currently building the largest solar project in the United States, a 1.6-gigawatt project in Indiana, and the second largest, a 1.5-gigawatt project in Wisconsin,” said Yoni Hantis, CEO of Doral, at the Mind the Tech London 2025 conference, organized by Calcalist and Bank Leumi.

“In Israel, Doral will soon generate enough electricity to power an entire city, and in the near future, enough for two cities for a whole year. That’s our impact,” he continued.

“These have not been easy times since October 7. We are partners with 90% of the kibbutzim in Israel, including many in the Gaza Envelope. Our systems continued to operate under fire in all of these communities, including those on the Gaza border. For us, this is the new Zionism.”

“What was once an environmental choice is now an economic choice. Solar energy is today the safest way to generate electricity, while our traditional energy sources are the most vulnerable. Our systems, spread throughout Israel, are decentralized and difficult to damage. That means we are not only an economic and environmental solution but also the safest option for ensuring the resilience of Israel’s economy.”

“We are leading the deployment of the largest solar systems in Israel, working to reach a 30% share of renewable energy by the end of the decade. In addition, we are leaders in energy storage across much of the Western world, with a significant market presence.”

“Doral is a public company traded in Tel Aviv with a market value of 3 billion shekels. We currently operate 2 gigawatts of assets and are continuing to expand. In Israel, we are partners with most kibbutzim, developing thousands of dunams for electricity generation. We are also pioneers in agrovoltaics, combining energy production and agriculture on the same land. We grow fruit on our land while using the electricity we produce to support the crops. In our view, partnering with kibbutzim on the border represents the new Zionism.”

“In the United States, we are building the largest solar projects and have raised more than 2 billion shekels in debt and equity. We are now in the final stages of closing financing for our Indiana project, which will be funded by leading U.S. banks with $1.3 billion. Renewable energy is not only the cheapest but also the fastest to implement.”

“We also operate a corporate venture capital fund that has invested in about 20 companies. As part of our strategy to stay several steps ahead of competitors and adopt the most advanced technologies, we collaborate with partners such as TDK, Blackstone, and others.”