- Sola Renewable Energies Ltd.
An independent developer in Renewable Energy, operating in Israel and Europe
Sola originates, develops, finances, builds and operates solar PV and energy storage projects in Israel and Europe. Founded in 2019, the company is led by a team with decades of experience taking renewable energy projects from origination through grid connection and commercial operation, with a cumulative track record of hundreds of megawatts.
Who We Are
Sola Renewable Energies is an independent developer in the renewable energy sector, operating in Israel and Europe.
In Israel, we develop, build and operate rooftop solar PV systems on industrial, logistics and commercial buildings. In Italy, through our subsidiary Elia, we operate in ground-mount solar PV, agrivoltaics and energy storage.
Sola is led by an experienced, focused and execution-oriented team, combining engineering, regulatory and financial expertise built up over years in renewable energy. Prior to founding the company, Sola’s leadership had already taken projects from origination through grid connection and commercial operation, with a cumulative track record of hundreds of megawatts.
Since its founding, Sola has established continuous operations in Israel and expanded into the Italian market, focusing on projects with clear feasibility, strong local partners and proven execution capability.
Sola
in Numbers
Energy. Growth. Storage.
* Year-end 2026 forecast
Operations in Israel, Sola's Home and Operational Base
Sola began its operations in Israel, where the company built a continuous track record of originating, developing, building and connecting solar PV systems to the grid.
In Israel, we focus on rooftop solar PV systems on industrial, logistics and commercial buildings, typically with roof areas of around 3,000 sqm and above. This segment requires a combination of engineering expertise, regulatory know-how and on-the-ground execution capability.
In Israel, Sola acts as the lead contractor for the projects it develops, from development through design and construction, to grid connection and commercial operation. Alongside its solar activity, the company develops and connects low-voltage solar PV systems integrated with battery energy storage, including systems integrated into existing solar assets.
Sola’s operations in Israel form the company’s foundation: a familiar market, active projects, accumulated experience, and direct relationships with asset owners, suppliers, contractors and regulatory bodies.
Milgad Project Milouot Industrial Zone
Capacity: 3.12MWp
A.L. Construction Project Mishor Adumim Industrial Zone
Capacity: 1,750KWp
Operations in Italy, Sola's Strategic Growth Platform
Italy is one of Europe’s leading renewable energy markets, with growing demand for clean power generation, energy storage and advanced grid infrastructure.
Sola’s operations in Italy are conducted through its subsidiary, Elia. The combination of Elia’s local management team and market experience with Sola’s development and execution capabilities allows the company to operate effectively in a complex, competitive and highly regulated market.
Operations in Italy focus on three core areas: ground-mounted solar PV projects, agrivoltaics and energy storage, either co-located with solar or standalone.
Priolo Gargallo 41
Capacity: 1,200MWh
Laterza
Capacity: 20MWp
Sciacca 74
Capacity: 3.2MWp
Sciacca 9
Capacity: 2.5MWp
Sola Renewable Energies, a Public Company in the Renewable Energy Sector
Sola Renewable Energies is expected to list on the Tel Aviv Stock Exchange (TASE) under the ticker symbol SOLA, subject to completion of the offering process. The company operates in the renewable energy sector in Israel and Italy, focusing on the development, construction and operation of solar PV projects, energy storage systems and advanced electricity infrastructure.
Sola provides investors with financial information, financial statements, investor presentations and ongoing disclosures regarding the company’s operations, projects, agreements and active development pipeline.
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מר Testa אחראי על תחומי הפיננסים והפיתוח העסקי של ELIA. הוא בעל ניסיון בפיתוח, רישוי ומימון של פרויקטים סולאריים באיטליה, לצד רקע פיננסי משמעותי.
בעבר כיהן בתפקידי בנקאות השקעות ב-J.P. Morgan ובניהול נכסים ב-PIMCO. ניסיונו בשוקי ההון האירופיים והגלובליים, לצד היכרותו עם עולם המימון התשתיתי, מחזקים את יכולתה של ELIA לבנות מבני מימון מתאימים לפרויקטים בקנה מידה גדול.
Federico Testa, פיננסים ופיתוח עסקי
מר Campisi מנהל את הפעילות המקומית של ELIA. הוא בעל כ־16 שנות ניסיון בפיתוח, הקמה ותפעול של פרויקטי שמש ורוח באיטליה, וניסיון מעמיק בתהליכי רישוי מקומיים, מהשלב הראשוני ועד החיבור לרשת.
מומחיות זו מהווה יתרון תחרותי משמעותי בשוק האיטלקי, שבו תהליכי הרישוי הם אחד מצווארי הבקבוק המרכזיים בפרויקטים סולאריים בקנה מידה גדול.
Marco Campisi, מנהל פעילות מקומית
מר Halevy מנהל את הפעילות המקומית של ELIA. הוא בעל כ־15 שנות ניסיון בפיתוח ובמימון של פרויקטי אנרגיה מתחדשת באירופה ובישראל.
במהלך הקריירה המקצועית שלו היה מעורב בפיתוח תחנת הכוח הסולארית הגדולה בישראל, בהיקף של 121 מגה־וואט, וכן בפרויקטים נוספים באירופה. ניסיונו בפיתוח, מימון וקידום פרויקטי אנרגיה מתחדשת מחזק את יכולתה של ELIA לקדם פרויקטים מורכבים בשוק האיטלקי.
Yehuda Halevy, מנהל פעילות מקומית
מר Testa הוא מבכירי תחום האנרגיה באיטליה, עם כ־40 שנות ניסיון בעולמות האנרגיה והסביבה. הוא כיהן כיו״ר Enel, חברת החשמל הלאומית של איטליה, בין השנים 1996 עד 2002, תקופה שבה הוביל את תהליך ההפרטה של החברה במסגרת אחת ההנפקות הגדולות באירופה באותה עת.
בנוסף, כיהן מר Testa כיו״ר ACEA, חברת המים והחשמל של רומא, וכיו״ר חברת האנרגיה Sorgenia. הוא שימש כנשיא ארגון הסביבה Legambiente בין השנים 1980 עד 1987, ולאחר מכן כחבר בית הנבחרים האיטלקי במשך שתי קדנציות, בין השנים 1987 עד 1994.
מר Testa הוא דמות מוכרת ומוערכת בענף האנרגיה האיטלקי. ניסיונו, מעמדו והיכרותו העמוקה עם שוק האנרגיה המקומי מחזקים את הנוכחות של ELIA באיטליה ומהווים יתרון משמעותי לפעילותה של סולה במדינה.
Chicco Testa, יו״ר Sola Italia / ELIA
Gal Fait, a Certified Public Accountant (CPA), serves as Chief Financial Officer of Sola. He holds a Bachelor’s degree in Business Administration with a specialization in Accounting from the College of Management Academic Studies. He brings around 7 years of experience in the solar energy sector, in investments and project finance.
Mr. Fait leads Sola’s financial management, investor and institutional relations, and the build-out of the financial infrastructure needed for the company’s next growth stages. He manages relationships with financing partners and plays a central role in shaping Sola’s capital-raising strategy.
Gal Fait, CFO (Chief Financial Officer)
Mr. Barazani leads Sola’s business development. He brings around 15 years of experience in the solar sector, during which he has developed solar projects with a cumulative capacity of around 200 MW.
Prior to joining Sola, Mr. Barazani served as Business Development Manager at Nofar Energy in the company’s early stages, before its IPO. At Sola, he is responsible for identifying new opportunities in Israel, building strategic partnerships, and advancing the company’s operations in Italy.
Moti Barazani, VP Business Development
Mr. Naor has served as CEO of Sola Renewable Energies since the company’s founding in 2019, and is a founding partner. An electrical engineer by training, he holds a Bachelor’s degree in Electrical and Electronics Engineering from Tel Aviv University, with around 15 years of experience in the solar sector.
Prior to founding Sola, Mr. Naor founded and managed ECP, a company specializing in ground-mount and rooftop solar PV, with around 200 MW built and grid-connected as an independent lead contractor. The combination of his engineering background and his hands-on experience as an entrepreneur and on-site project manager is a central foundation of Sola’s operating model as an independent developer focused on its own projects.
Alon Naor, CEO
Mr. Fait serves as Chairman of the Board of Sola Renewable Energies. A Certified Public Accountant (CPA) by profession, he is a graduate of the Department of Economics and Accounting at the University of Haifa, and brings decades of business experience founding, building and managing companies across retail, technology, industry and real estate.
Notable positions in his career include: Founder and CEO of Hamashbir Fashion Warehouses, listed on the Tel Aviv Stock Exchange (TASE); VP Business Development and CFO at Pelephone Communications; President and CEO of Telit Communications PLC, a publicly traded company on the London Stock Exchange (LSE); and Chairman and Owner of Chromat Ltd., a leading Israeli company in thermal treatment of metals.