20% rise in solar power system installations in H2 2021

Enerpoint also expanded its roof rental project for solar panels on large buildings.

 20% rise in solar power system installations in H2 2021. (photo credit: ENERPOINT)
20% rise in solar power system installations in H2 2021.
(photo credit: ENERPOINT)

In the last half of 2021, there has been a 20% increase in group purchases of solar power systems for their private homes, and an increase of about 15% in single-entity purchases, said Nir Peleg, CEO of Enerpoint.

This recent phenomenon began during the pandemic, which allowed private homeowners to form groups to receive better conditions and benefits for their home energy systems.

Enerpoint, one of the leading companies in the industry, said a number of large purchasing groups recently formed, including ones from Omer, Retamim, Lehavim, Tlalim, Beit Shemesh and Midreshet Ben-Gurion. Thus far, some 300 systems (worth NIS 22 million) have been installed in those areas.

There has also been a rise in groups from localities in the Sharon area, including Caesarea, Matan, Kadima-Zoran, Nirit, Kfar Vitkin and the Neve Amal neighborhood in Herzliya. So far, about 100 systems worth roughly NIS 10m were installed.

 20% rise in solar power system installations in H2 2021. (credit: ENERPOINT)
20% rise in solar power system installations in H2 2021. (credit: ENERPOINT)

In the first third of 2022, Enerpoint also expanded its roof rental project for solar panels on large buildings – with the electricity being sold to the electricity company and the owner enjoying a fixed annual rental fee for a period of 25 years.