Housing and Construction is Israel’s largest solar energy company after making the strategic decision to expand its renewable energy and cleantech activity. The company is currently bidding in two government tenders for the construction of solar power plants at Ashelim in the Negev, at an estimated investment of $700 million. One tender is for a 125-250 megawatt thermosolar power station at a cost of $600 million, and the second is for the construction of a 70-megawatt photovoltaic power station. Arison Holdings Ltd. subsidiary Housing and Construction Holdings Co. Ltd. plans to build a 100 MW thermosolar power station in the Negev at an investment of $400-500 million