Dalia Power Energies is an independent power producer and the largest private electricity supplier in Israel, founded in 2005. It is held by a listed parent group whose bonds trade on the Tel Aviv Stock Exchange. The company generates electricity mainly from natural gas, supplemented by renewable sourcing, and operates two power stations together with a battery storage facility. It supplies power directly to business and residential customers at rates below the national utility, without requiring changes to existing infrastructure, having been an early participant in the liberalization of the national electricity market. In 2024 it acquired a major power station near the Port of Ashdod through a privatization tender. Dalia also serves as the initiator, landowner, and dedicated power supplier for a large data center planned nearby, which is being developed by a separate joint venture.
Ofek is a large data center planned near Ashdod, Israel, initiated by the country's largest private power producer and developed by a joint venture of an international data center operator and an infrastructure fund. It will draw electricity directly from a dedicated on site power station. Announced in early 2026, it is targeted for completion in the second half of 2029.
July 28, 2026 Israel
Israel’s power grid is facing challenges managing rising demand from new data centre projects. The Israeli Electricity Authority has paused processing new data centre grid connection applications for 140 days, describing the move as an “emergency brake” to avoid making commitments the system may...
Read more
July 28, 2024 Israel
Israeli quantum computing startup Quantum Transistors has secured funding of up to €17.5 million ($19 million) from the European Innovation Commission. The council selected 68 companies that will receive an estimated €411 million ($446.1m) in funding, of which up to €165 million ($179m) is in...
Read more
March 22, 2024 Israel
Laser-based computing startup LightSolver has made its LPU100 system generally available to selected enterprise clients of LightSolver via the company’s new cloud platform. This system utilizes all-optical coupled lasers that require no electronics to compute and combines the company’s...
Read more
February 22, 2024 Israel
Silicon photonics company DustPhotonics has raised $24 million in a Series B follow-on funding round. This funding came from both new and existing investors, including Sienna Venture Capital, Greenfield Partners, Atreides Management, and Exor Ventures. The company revealed in a statement that the...
Read more
November 29, 2023 Israel
Last month, Elon Musk mentioned that he would look into providing Gaza with its Starlink service to "support connectivity to internationally recognized aid organizations in Gaza." In recent developments, Israel has responded to Musk saying Starlink's satellite network will only be allowed to...
Read more
November 01, 2023 Israel
Internet services have now returned in Gaza after another outage, which took the connectivity in the entire country down for several hours. This disruption occurred just before 3:00 a.m. local time, with Palestinian telco Paltelco announcing that connectivity to the Gaza Strip had been cut off by...
Read more