A subsidiary of the Afcon Group, was established in 2020 and specializes in the initiation, development, financing, establishment, management and operation of projects in the field of electricity generation from renewable energy sources.

Afcon Renewable Energy has a diverse portfolio of profitable projects under construction and nearing construction, in various initiation stages, in Israel and in several other countries throughout Europe, as well as a strategic partnership with institutional entities whose goal is to invest in projects in Europe.