Solel
{{Short description|Israeli solar thermal equipment designer}}
{{Infobox company
| name = Solel Solar Systems Ltd.
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| location_city = Beit Shemesh
| location_country = Israel
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| industry = Solar energy
| products = solar thermal equipment
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| parent = Siemens
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Solel Solar Systems Ltd. ({{langx|he|סולל}}) was an Israeli solar thermal equipment designer and manufacturer based in Beit Shemesh, Israel. Solel made equipment for solar thermal power plants, facilities that used the sun's heat to create steam and turn an electricity generator.
File:Solel testing site at the National Solar Energy Center in Israel.jpg testing site]]
In 2007, Solel signed a contract with Pacific Gas & Electric to supply 553 MW from its planned Mojave Solar Park, California.{{cite news|last=Davidson |first=Paul |url=https://www.usatoday.com/money/industries/energy/2007-07-25-solar-project_N.htm |title=Pacific Gas & Electric to buy solar power from desert |newspaper =USA Today |date=2007-07-26 |accessdate=2011-08-09}} The parabolic trough project was cancelled in 2011.{{cite web |url=http://www.greentechmedia.com/images/wysiwyg/research-blogs/USCSPProjectTracker.pdf |title=CSP Project Tracker |author= |date=2011-10-24 |work=greentechmedia }} In a joint venture with the Spanish Valoriza Energía, Solel planned a parabolic-trough plant in Spain. After three years of construction, one of originally three 50-MW units started operation in December 2011.NREL: [http://www.nrel.gov/csp/solarpaces/project_detail.cfm/projectID=17 Concentrating Solar Power Projects], 2012.
In October 2009, Siemens signed a $418-million contract to buy Solel Solar Systems.{{cite press release |title= Siemens to decisively strengthen its position in the growth market solar thermal power |publisher= Siemens |date= October 15, 2009|url= http://w1.siemens.com/press/pool/de/pressemitteilungen/2009/renewable_energy/ERE20091013e.pdf|accessdate= 2011-08-09}} As part of the deal, Siemens committed itself to leave the company headquarters and some of its manufacturing facilities in Israel for at least five years.{{cite news |last=Bar |first=Avi |url=http://www.haaretz.com/print-edition/business/siemens-buys-solel-solar-for-418-million-1.6002 |title=Siemens buys Solel Solar for $418 million | newspaper = Haaretz |date=2008-04-02 |accessdate=2011-08-09}}
Three years later, in an environment of plunging prices for photovoltaic power generation, Siemens announced plans to sell off the subsidiary,[https://www.forbes.com/sites/toddwoody/2012/10/22/the-big-solar-sell-off-siemens-puts-solel-on-the-block/ The Big Solar Sell-Off: Siemens Puts Solel On The Block, Forbes, 10/22/2012, retrieved 02/05/2013] without success. In 2013, Siemens gave up its solar business.Handelsblatt: [https://www.handelsblatt.com/unternehmen/industrie/vergebliche-kaeufersuche-siemens-schliesst-seine-solarsparte/8359882.html Vergebliche Käufersuche, Siemens schliesst seine Solarsparte], June 17, 2013.