PRF Technologies Wins Another European Utility-Scale Solar Deployment, Expanding DeepSolar’s Installed Commercial Base
Shikun & Binui Energy Selects DeepSolar SaaS Starting with a 71 MW Solar Project, Reinforcing Adoption by European Infrastructure Operators
TEL AVIV, Israel, Feb. 11, 2026 (GLOBE NEWSWIRE) -- PRF Technologies (Nasdaq: PRFX) (“PRF” or the “Company”), through its DeepSolar™ AI-driven solar analytics business unit, today announced the signing of a software-as-a-service (SaaS) agreement with Shikun & Binui Energy for the deployment of DeepSolar at the 71 megawatt (MW) Satu Mare photovoltaic site in Romania.
The Satu Mare project is a utility-scale solar plant owned and operated by Shikun & Binui Energy. Under the agreement, DeepSolar will provide continuous analytics and performance monitoring designed to enhance operational visibility, support proactive asset management, and enable data-driven decision-making throughout the project’s operating life.
Unlike pilot programs, this agreement reflects a commercial SaaS deployment supporting ongoing plant operations.
Shikun & Binui Energy is the renewable-energy subsidiary of Shikun & Binui Ltd. (TASE: SKBN), one of Israel’s leading infrastructure and construction groups, with decades of experience and active operations across infrastructure, energy, real estate, and concessions in Israel and international markets. The deployment at Satu Mare reflects Shikun & Binui Energy’s continued expansion in European renewable-energy markets, including Romania.
DeepSolar applies advanced analytics and machine-learning techniques to historical and real-time operational data from utility-scale solar plants. The platform is designed to identify performance trends, detect operational anomalies, and support informed operational and commercial decision-making under varying market and grid conditions.
“This agreement represents another step forward in the commercial rollout of DeepSolar with established infrastructure and renewable-energy operators,” said Dr. Ehud Geller, Chairman and Chief Executive Officer of PRF Technologies. “As utility-scale solar portfolios grow larger and more complex, operators are increasingly adopting advanced analytics to improve asset performance, manage risk, and maximize long-term value. We believe DeepSolar is well positioned to support these objectives across Europe and other international markets.”
The Satu Mare deployment builds on PRF Technologies’ recent DeepSolar commercial and strategic activity in Europe, including previously announced pilot and analytics engagements with utility-scale solar operators. The Company continues to expand DeepSolar’s capabilities and use cases, including performance monitoring, predictive analytics, and technical due-diligence applications for solar asset owners and investors.
In parallel with expanding deployments, PRF Technologies has been broadening DeepSolar’s product stack. Recent initiatives include the launch of Smart TDD, a technical due diligence solution designed to support solar asset transactions and lifecycle performance assessments, and continued development of DeepSolar Predict, the Company’s forecasting solution designed to improve energy production and revenue visibility. PRF has also filed a patent application related to plant-level micro-climate modeling, further strengthening its intellectual property position in solar analytics.
PRF Technologies believes this agreement supports its strategy to scale DeepSolar as a recurring SaaS platform for professional renewable-energy owners, infrastructure groups, and financial stakeholders across European and international solar markets.
About DeepSolar
DeepSolar develops advanced digital-asset-management technologies for utility-scale solar plants. Its AI-driven algorithms transform complex operational data into actionable insights - detecting issues, forecasting production, and improving decision-making to maximize asset performance and profitability. DeepSolar is an active participant in the NVIDIA Connect program (#NVIDIAConnect), supporting continued innovation in AI-powered renewable-energy solutions.
About PRF Technologies
PRF Technologies Ltd. (Nasdaq: PRFX) is a company focused on the reformulation of established therapeutics, and a developer of AI-driven energy optimization technologies through its DeepSolar platform. The Company’s pharmaceutical programs leverage a proprietary extended-release drug-delivery system intended to provide
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