Covering 170 hectares with an installed capacity of 155 MW, the Ratesti solar park is expected to generate around 220 GWh of electricity annually—enough to power over 100,000 households—while reducing CO₂ emissions by 168,000 tons per year.
From the project's inception, investors have entrusted REIB with securing tailored insurance solutions for every stage of development:
Construction Phase: Builders All Risk Insurance
Operational Phase: All Risk Insurance, including Liability and Business Interruption coverage
This landmark project, developed by Israeli companies Econergy Renewable Energy and Nofar Energy, represents a major step forward in the region's renewable energy transition.
