Ecoppia Strengthens Its Presence in the Middle East with a first Project in Egypt

Ecoppia Strengthens Its Presence in the Middle East with a first Project in Egypt

TEL AVIV, Israel–(BUSINESS WIRE/AETOSWire)— Ecoppia (TASE:ECPA), the pioneer and world leader in robotic solutions for photovoltaic solar, announced today a new project in one of the worlds’ largest solar parks in BenBan, Egypt. BenBan solar park, located near the southern Egyptian city of Aswan, has a total capacity of 1,650 MWp corresponding to an annual production of approximately 3.8 TW, and is spread across nearly 40 km. While enjoying very high radiation rates, the facility also suffers from major soiling and desert sands, requiring frequent cleaning to ensure steady and optimal production. Ecoppia’s…

Ecoppia Signed Another Significant Project Of 450MW With Solar Leader Azure Power

Ecoppia Signed Another Significant Project Of 450MW With Solar Leader Azure Power

HERZELIYA, Israel–(BUSINESS WIRE/AETOSWire)-– Ecoppia (TASE: ECPA), the pioneer and world leader in robotic solutions for photovoltaic solar, announced today yet another significant project of 450MW signed in October with Azure Power, the renowned solar energy player. The project is now reaching advanced stages, scheduled to go live on the beginning of Q1 2021. Despite the ongoing global pandemic, Ecoppia secured new projects for more than 10GW in the last four quarters, maintaining a compound annual growth rate (CAGR) of more than 280% in the last six years. Without any physical presence, Ecoppia enabled…

Ecoppia Announces IPO After Successfully Completing Its Public Tender Phase

Ecoppia Announces IPO After Successfully Completing Its Public Tender Phase

HERZELIYA, Israel –[ AETOS Wire ] (BUSINESS WIRE)– Ecoppia Scientific LTD., (TASE: ECPA), the pioneer and world leader in robotic solutions for photovoltaic solar, launched an initial public offering (IPO) on the Tel Aviv Stock Exchange (TASE), after successfully completed the public tender phase. Ecoppia secured $82.5 million from leading institutional investors with a company valuation of $300 million. During the public tender phase, Ecoppia marked yet another meaningful achievement as public demand reached $76.74 million, despite the fact that the company offered shares for just $1.5 million. During the institutional tender,…