The Eilat-Eilot Renewable Energy Initiative is a public benefit company, owned by the southern Arava villages and local businesses. We develop the field of renewable energy as a lever for regional development while boosting the national clean energy sector. Eilat-Eilot has produced 100% clean and renewable energy in Eilat and the Arava, established a venture capital company whose companies are traded on the stock exchange and continues to assimilate clean energies and innovative technologies in Israel.