Public Utility Authority releases new solar quota

Registration for the new allocations is open to all entrepreneurs interested in building photovoltaic power plants.

By
October 20, 2015 01:18
1 minute read.
Solar panels

Solar panels. (photo credit: INGIMAGE)

 
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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.

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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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