The Second Bid For Photovoltaic Energy Storage In Israel Ends With The Final Price $0.0544/KWh

OSM : The Israeli Electricity Market Regulatory Authority has announced the final results of their second solar + energy storage tender.

The regulator allocated 608.95 megawatts of photovoltaic power generation capacity among 33 projects submitted by seven developers. Israeli companies Doral Group Renewable Energy Resources LTD and SolGreen obtained capacity allocations of 200MW and 95.6MW respectively.

EDF Energies Nouvelles Israel LTD , an Israeli subsidiary of the French power giant EDF ( EDF ), received a total of 90 MW of projects, while Israel-based Enlight Renewable Energy received 82 MW of electricity. In addition, Tel Aviv-based independent power producer Energix Renewable Energies Ltd and Israeli company Meshakim & Partners were allocated 80 MW and 40 MW of photovoltaic capacity respectively. The remaining 21.35 MW is guaranteed by Israeli infrastructure and real estate company Shikun & Binui.

These projects will sell electricity at a final price of ILS0.1745/kWh ( $ 0.0544 ) and must start supplying electricity to the Israeli grid by July 2023 . The storage capacity associated with selected solar projects is approximately 2400MWh.

The regulator has prequalified 10 bidders and put forward proposals for 55 projects with a total capacity of 870 MW.

Eitan Parnass, chairman of the Israel Green Energy Association, said: “Israel is a young photovoltaic market, founded in 2009. ” “For many years, the government has delayed implementation to avoid subsidies, but in the past three years, the situation has changed. “It is understood that the government is now pushing Israel to become a leader in solar PV. Eitan Parnass also said: “A lot of work remains to be done to achieve this goal, but the number and results are impressive, which proves the seriousness of the government and the local photovoltaic industry.”

In the completed first similar tender in mid-July , the Electricity Market Supervision Bureau allocated 168 MW , and the final price of this auction was ILS0.1990/kW.

The United States supports photovoltaic power generation through bidding for large-scale projects, provides incentive plans for rooftop photovoltaic power generation, and provides feed-in tariffs.

The government approved a plan submitted by the Minister of Energy Yuval Steinitz in October. Which plans to add solar capacity by around 15GW to help increase the proportion of renewable energy in electricity from 17% to 30% by 2030. The new 80 billion Turkish Lira (approximately US$ 23 billion) plan will be added to the new energy and water infrastructure plan announced at the end of April to help the economy recover from the effects of the Covid-19 pandemic. And the strategy includes the deployment of 2 GW of solar power.

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