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Fixed Assets
12 Months Ended
Dec. 31, 2024
Property, plant and equipment [abstract]  
Fixed Assets
Note 10 - Fixed Assets
 
Composition and changes: 
 
   
2024
 
   
PV + Storage (A)
   
Wind
farms (B)
   
Others
   
Total
 
   
USD in thousands
 
Cost:
                       
As of January 1, 2024
   
1,179,394
     
1,894,508
     
8,114
     
3,082,016
 
Additions
   
666,740
     
183,839
     
10,774
     
861,353
 
Initial consolidation
   
49,831
     
-
     
-
     
49,831
 
Reclassification from contract assets according to IFRIC 12 (*)
   
99,416
     
-
     
-
     
99,416
 
Classification to disposal group held for sale (**)
   
(77,911
)
   
-
     
-
     
(77,911
)
Translation differences
   
(12,298
)
   
(85,831
)
   
(36
)
   
(98,165
)
Cost as of December 31, 2024
   
1,905,172
     
1,992,516
     
18,852
     
3,916,540
 
                                 
Accumulated depreciation:
                               
As of January 1, 2024
   
25,590
     
106,179
     
2,878
     
134,647
 
Depreciation expenses
   
30,675
     
65,948
     
1,360
     
97,983
 
Classification to disposal group held for sale (**)
   
(7,725
)
   
-
     
-
     
(7,725
)
Translation differences
   
(1,154
)
   
(6,375
)
   
(28

)

   
(7,557
)
Accumulated depreciation as of December 31, 2024
   
47,386
     
165,752
     
4,210
     
217,348
 
                                 
Carrying value as of December 31, 2024
   
1,857,786
     
1,826,764
     
14,642
     
3,699,192
 
 
   
2023
 
   
PV + Storage (A)
   
Wind
farms (B)
   
Others
   
Total
 
   
USD in thousands
 
Cost:
                       
As of January 1, 2023
   
529,426
     
1,760,859
     
5,639
     
2,295,924
 
Additions
   
694,386
     
82,256
     
2,575
     
779,217
 
Sale of consolidated companies
   
(21,828
)
   
-
     
-
     
(21,828
)
Translation differences
   
(22,590
)
   
51,393
     
(100
)
   
28,703
 
Cost as of December 31, 2023
   
1,179,394
     
1,894,508
     
8,114
     
3,082,016
 
                                 
Accumulated depreciation:
                               
As of January 1, 2023
   
17,079
     
56,089
     
2,022
     
75,190
 
Depreciation expenses
   
11,839
     
46,058
     
938
     
58,835
 
Sale of consolidated companies
   
(3,098
)
   
-
     
-
     
(3,098
)
Translation differences
   
(230
)
   
4,032
     
(82
)
   
3,720
 
Accumulated depreciation as of December 31, 2023
   
25,590
     
106,179
     
2,878
     
134,647
 
                                 
Carrying value as of December 31, 2023
   
1,153,804
     
1,788,329
     
5,236
     
2,947,369
 
 
  (*)
At the beginning of 2024, the Company reclassified cluster of PV projects in Israel from contract assets to fixed assets due to significant changes to terms of the concession agreement, for additional information please see Note 9.
 
  (**)
At the end of 2024, the Company reclassified a cluster of PV + Storage projects in Israel to disposal group held for sale according to the Company’s intention of selling the projects, for additional information please see Note 7.