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Solel Signs $10-million Power Contract With Solargenix

Solel Solar Systems, Ltd. recently announced it has signed a $10-million contract with Solargenix Energy.

Under the contract, Solargenix will purchase solar receivers and thermal conduction units from Solel to help produce and supply solar power for more than 150,000 Nevada consumers.

"This agreement is an affirmation of the international recognition of our unique technological capabilities, and confirms the foreseeable transition from conventional to clean electricity has already begun," said Solel CEO Avi Brenmiller.