Nextcom Announces EPC Agreements for the Construction of Two Solar Projects with Energy Storage in Israel

Mounted Solar Farm - AI-generated illustration
Mounted Solar Farm – AI-generated illustration

Nextcom is pleased to announce a significant step in its renewable energy activity, with the signing of EPC agreements with partnerships of PowerGenת for the development of two Ground-mounted solar farms with integrated energy storage in Israel, totaling approximately NIS 48 million. Executed by its subsidiary, Nextcom Energy, the projects highlight the company’s continued commitment to advancing innovative energy solutions and strengthening Israel’s energy infrastructure.

The projects form part of Nextcom’s ongoing activity in the renewable energy sector and are being executed through Nextcom Energy, a subsidiary of Nextcom, which operates as a provider of procurement, design, and construction services for advanced solar generation facilities integrated with energy storage.

Project Details and Scope

The agreements were signed on March 22, 2026, and relate to the construction of two separate projects, with each project standing independently and governed by a dedicated agreement.

The total consideration to be paid to Nextcom Energy amounts to approximately NIS 48 million, in accordance with the milestones defined in the EPC agreements.

According to the company’s report, the expected profit margins for these projects are similar to those achieved in comparable projects executed in the past.

Project Timeline

Work on the projects is expected to commence in the second quarter of 2026, with completion anticipated during the fourth quarter of the same year. The projects will be carried out in Israel and will include all planning and execution stages required under EPC agreements.

Inspection, Warranty, and Maintenance

Under the agreements, Nextcom Energy has committed to an inspection and warranty period of 36 months following the completion of construction and delivery of the projects to the developer.

In addition, the company is advancing agreements for the provision of maintenance services for the projects for a period of four years from the date of delivery.

Strengthening Israel’s Energy Infrastructure

These new projects are part of Nextcom’s ongoing activity in the renewable energy sector and represent another step in its efforts to strengthen Israel’s energy infrastructure through the development of advanced solar facilities integrated with energy storage.

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