Israel’s planning administration has approved the terms for deploying up to 16 MWh of storage facilities. The government said that due to the Gaza conflict, storage has become ever more important for emergencies.
A number of developments taken place in the last weeks have raised questions whether the EuroAsia Interconnector project, aiming to link the countries of Greece, Cyprus and Israel with a subsea cable of 2 GW capacity, is still alive.
Electra Power, an Israeli energy supplier, is now in negotiations to sell its PV operations for up to $7.88 million. Last year, it reported an operational capacity of 4.7 MW and a project backlog of 25 MW.
Israel has kicked off a tender for a new 100 MW solar project. The array will be constructed in Ashalim alongside four other PV installations and concentrated solar power (CSP) projects. The selected developer is expected to complete construction by 2027.
Teralight has completed Israel’s largest floating PV project, deploying 31 MW of capacity on two water reservoirs in the northern part of the country, at an estimated project cost of $33.8 million.
Israel has announced plans to deploy 2 GW of grid-connected renewables. It will allow for additional renewable plants to be built without causing grid congestion, based on specific parameters.
Teralight has signed a 23-year power purchase agreement (PPA) for 108 MW/433 MWh of solar-plus-storage capacity. It will sell electricity to Dalia Power Energies under a tariff linked to the Israeli Electricity Authority’s regulated production tariffs.
Solegreen plans to deploy 210 MW/470 MWh of solar-plus-storage in Israel, through a project selected by the Israeli authorities in a 2020 tender. The facilities will sell power at ILS 0.1715 ($0.0459)/kWh.
Installers can avoid costly main panel upgrades due to updates to the company’s Home Hub and Wave inverters.
Teralight, via its Solar Tech subsidiary, plans to install new solar fences, rooftops, walls and aquaculture PV projects across Israel. The projects will be built in dozens of villages.
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