(photo credit: INGIMAGE)
Giving the green light to the largest solar energy quota authorized since 2011, the Public Utility Authority plenary released on Monday an additional 114 MW quota for new medium- and large-sized photovoltaic fields.
Beginning in January the quotas will be available to the solar energy production sector as part of an effort to promote the expansion of renewable energy, a statement from PUA said. Registration for the new allocations is open to all entrepreneurs interested in building photovoltaic power plants, the statement said.
The 114 MW are being released as part of a 2014 government approval of an addition of 340 MW worth of medium- and large-sized fields to the sector. The remainder of the 340 MW will be released gradually in order to meet the sector’s needs and a goal of 10 percent electricity production via renewable sources by 2020.
Of the 114 MW released with the plenary decision, 84 MW will be designated for medium- sized fields and 29 MW for large-sized fields.
About 300 megawatts worth of medium-sized photovoltaic fields and 200 megawatts worth of large-sized fields have already been built or are under construction, in addition to an expansive solar-thermal project at Ashalim.
The new quota will involve tariffs ranging between .27 NIS and .31 NIS per kilowatt-hour for 20 years.
Developers who accept the lower tariff receive priority in their bids for megawatts. This model is being implemented under a plan to accelerate development of the solar market and increase competition, PUA said.
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