Israel Grants 609 MW in Solar as well as Storage Capacity in Latest Tender

Jan 5, 2021 04:15 PM ET
  • The Israel Electricity Authority has actually published the checklist of victors in the most up to date tender awarding 609 MW capacity in solar with storage space projects

The Israel Electricity Authority has actually published the checklist of winners in its newest renewable resource tender round, with several proposals accepted for the advancement of a consolidated 609 MW capability in solar innovation incorporated with storage capacity, for centers linked to the distribution network.

A total amount of 10 prospective buyers took part with more than 55 proposals sent-- having a cumulative capacity of 870 megawatts. However the authority accepted 33 proposals from 7 various prospective buyers with an advancing capability of 609 megawatts. The price of electricity to be paid to the winning prospective buyers is 17.45 ag per kWh, which is 12 percent less than the rate embeded in the very first tender.

The Minister of Energy, Dr. Yuval Steinitz stated, "As part of the federal government's policy for the production of power from solar power, we are advertising a historical prepare for the assimilation of electricity storage space, which will certainly allow the use of power also when the sunlight is not radiating. The outcomes of the public auction are a substantial success, in regards to the low cost we got, which is less than the initial public auction conducted this year, and in terms of the amount of electrical power that will certainly be kept.

"This is a considerable step that will certainly permit us to get to the objective I set-- regarding 30% of electricity manufacturing from solar energy by 2030, and moving Israel within a few years to the starting point in the world in the manufacturing of electricity from the sunlight," Dr. Yuval included.

The storage capacity integrated with the solar facility enables generating a larger amount of clean electrical energy for the provided link to the network. Additionally, the storage space permits the power to flow into the grid in the evening, which are the hrs when the electrical energy system needs it.

The picked prospective buyers will be needed to establish a solar facility within two and also a half years integrated with a storage space center with a capability of a minimum of 4 hrs of storage space. This implies an overall ability of more than 2400 megawatts per hour is anticipated to be developed.

"The Electricity Authority continues to carry out the policy of switching to eco-friendly power and integrating storage space in the economic climate, in the most effective way for the advantage of all customers and the public in Israel," stated Acting Chairman of the Electricity Authority Yoav Katzboy.

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