Seven bidders won contracts for 608 MW solar projects in Israel
Post date: 06/01/2021 - 09:40
Israel’s Electricity Authority has allocated 608.95 MW of solar projects to seven bidders in the country’s second solar tender for a tariff of 0.1745 Israeli Shekel ($0.054) per kWh. According to Mercom India, the tariff was determined using the ‘uniform price’ method: »The lowest quoted tariff in the bid is uniform for all winning bidders.«
Israel-based Doral Renewable Energy Resources Group and SolGreen secured 200 MW and 95.6 MW, respectively. EDF Renewable Energy Israel, part of French energy company EDF, won 90 MW of solar capacity. Israel’s Enlight Renewable Energy bagged 82 MW of solar projects, says the consultancy.
Energix Renewable Energies, an Israel-based independent power producer, secured 80 MW of solar capacity, while Meshakim & Partners garnered 40 MW. The remaining 21.35 MW were bagged by Sikhun & Binui, an Israel-based infrastructure company.
The projects are expected to start supplying power to the national grid by July 2023. Israel has set a target of 30 percent of its total electricity consumption from renewables by 2030. In June last year, Energy Minister Yuval Steinitz announced a new plan to add around 15 GW more solar capacity to help achieve the 2030 target.