Augwind Energy Tech Storage Ltd. announced that it has signed an MOU with EDF Renewables Israel Ltd. Under the terms of the agreement, Augwind and EDF will work together to build and operate a 5 MW photovoltaic power plant integrated with a 20 MWh Augwind's storage system - AirBattery. The project will be built as a pioneering facility with a secured PPA from the government's owned electricity company (IEC) for 23 years.