To be completed over the next three years, the plant will begin with a 10 MW phase and expand to eventually have a capacity of 150 MW.
Zeev Peretz and Laser Rothshtein, joint chief executives of Yam Pro, said in a joint statement that the MoU was “a substantial milestone”.
They added that the deal with TATA, “one of the largest EPC companies in the world, is giving confidence in our technology and company”
Yam Pro Energy specializes in building solar plants in Germany and Israel. The company has also patented ocean wave energy technology and has been running a pilot system for over a year in the port of Jaffa in Israel.