Prime energy

What Prime energy does

Prime Energy P.E. Ltd. is a publicly traded (TASE: PRIM) utility-scale solar and battery energy storage developer and operator founded in 2013 and headquartered in Rishon LeZion, Israel. The company develops, builds, owns, and operates renewable energy infrastructure across Israel, Hungary, Portugal, and Romania, with a current operational portfolio of 193 MW of solar PV and 70 MWh of battery energy storage systems (BESS). Its technology platform centers on utility-scale photovoltaic generation, standalone and co-located BESS for grid services and energy shifting, and agrivoltaic installations that dual-use agricultural land. The company controls the full value chain from development and licensing through construction, operation, and energy sales.

Prime Energy monetizes assets primarily through long-term power purchase agreements (PPAs) of 20–23 years at fixed and index-linked rates with national grid operators and utility offtakers, generating subscription-like recurring revenue from operational assets. A secondary revenue stream comes from project development services spanning the full project lifecycle. The customer base is concentrated among national grid operators and utilities (primary), with secondary exposure to agricultural operators (agrivoltaic) and commercial/industrial building owners (rooftop solar). Distribution is direct B2B enterprise sales of energy under PPAs rather than through third-party channels.

The operational portfolio includes 114.9 MW of rooftop solar, 40.6 MW of ground-mounted solar in Israel, 34.8 MW of ground-mounted solar in Europe, and 70 MWh of BESS, with 275 MW under construction, 718 MW in development and licensing, and a 4.7 GWh storage pipeline. Notable projects include the Tifrach PV-plus-storage facility (17.6 MW + 70 MWh operating, planned expansion to 35 MW + 140 MWh) and the Tlamim ground solar project (22.5 MW). The company holds partnerships with leading financial institutions across Israel and Europe, is publicly listed on the Tel Aviv Stock Exchange, and recently received a significant institutional investment from Migdal Insurance.

Name

Prime energy

Legal name

Prime Energy P.E. Ltd.

Website

https://prime-nergy.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Prime Energy is a Tel Aviv Stock Exchange-listed utility-scale solar PV and battery energy storage developer and operator, building, owning, and operating 193 MW of solar and 70 MWh of storage across Israel, Hungary, Portugal, and Romania, selling energy to national grid operators under 20–23 year PPAs.

Ownership category

akta.pro rank

Product category

Utility-Scale Solar and Storage Infrastructure

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Electric Services (4911)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Utility-Scale Power Generation Asset Management (EUAEAMAA), Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB)

Keywords

• Utility-scale solar
• Battery energy storage
• Solar project development
• Power purchase agreements
• Agrivoltaic installations

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D

Revenue model

1. Energy Sales under PPAs: Revenue generated from selling electricity generated by operational solar and storage assets under long-term power purchase agreements (PPAs) with fixed and index-linked rates for terms of 20-23 years.
2. Project Development Services: Developing, building, and operating utility-scale solar and storage projects across Israel and Europe, generating returns through the full project lifecycle from development through construction to operations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Prime Energy develops, builds, and operates utility-scale solar photovoltaic and battery energy storage projects across Israel, Hungary, Portugal, and Romania. The company controls the full value chain from development and licensing through construction, operation, and energy sales, selling electricity to grid operators and utilities under long-term power purchase agreements (PPAs) of 20-23 years at fixed and index-linked rates. Operational capacity totals 193 MW of solar and 70 MWh of storage, with 275 MW under construction and 4.7 GWh in the storage pipeline.

Product overview

Prime Energy operates a unified portfolio of utility-scale solar and energy storage infrastructure products spanning multiple installation types: rooftop solar projects (114.9 MW), ground-mounted solar projects in Israel (40.6 MW) and Europe (34.8 MW across Hungary, Portugal, and Romania), battery energy storage systems (70 MWh operating), and agrivoltaic installations that dual-use agricultural land. Key projects include the Tifrach PV+Storage facility (17.6 MW + 70 MWh, expandable to 35 MW + 140 MWh) and the Tlamim ground solar project (22.5 MW). The company controls the full value chain from development and licensing through construction, operation, and energy sales, structured around long-term power purchase agreements.

Differentiator

Problem solved

Functional benefit

Products and services

• Rooftop Solar Projects Utility-scale solar installations mounted on cowsheds, poultry houses, commercial rooftops, gas stations, and canopies across Israel, generating clean electricity from underutilized rooftop and canopy surfaces under Prime Energy's owned and operated asset portfolio.
• Ground-Mounted Solar (Israel) Large-scale, ground-mounted solar photovoltaic projects across Israel utilizing open land surfaces for advanced PV systems that feed electricity directly into the national grid under long-term power purchase agreements.
• Europe Solar Operations Utility-scale, ground-mounted solar farms in Hungary, Portugal, and Romania, applying international standards of development, construction, and asset management to deliver grid-connected renewable electricity under long-term contracts.
• Battery Energy Storage Systems (BESS) Utility-scale battery energy storage systems (BESS) that optimize grid stability and maximize renewable energy utilization by shifting clean energy to peak demand hours and providing grid services to operators.
• Agrivoltaic Installations Dual-use solar installations mounted on agricultural land that allow farmers to continue food production while generating clean electricity from the same space, delivering supplemental income and more efficient land utilization.

Quantifiable outcome

• 193 MW operational capacity + 70 MWh storage operational
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• NextcomcoreStrategic or Co-development Partner · 28 May 2026Nextcom and Prime Energy have deepened their ongoing partnership on major energy infrastructure projects. The expanded cooperation is expected to streamline execution and boost operational efficiency across joint projects.
• Energy Companies (Europe)coreStrategic or Co-development PartnerPartnerships with leading energy companies across Europe for project development, construction, and asset management in Hungary, Portugal, and Romania.

Scale indicators9 records

Recent moves9 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@PrimeEnergy2025
• LinkedInil.linkedin.com/company/prime-energy-pe

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prime energy