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    Home»Solar»Israel authorizes bilateral PPAs – pv magazine International
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    Israel authorizes bilateral PPAs – pv magazine International

    By March 8, 2023No Comments2 Mins Read
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    Israel’s new guidelines for energy buy agreements (PPAs) are anticipated to encourage progress, particularly within the photo voltaic sector.

    March 8, 2023 Emiliano Bellini

    Picture: Justin LaBerge, Flickr

    The Israeli authorities has launched new provisions that enable bilateral PPAs between unbiased energy producers and last shoppers.

    “The brand new guidelines apply solely to energy crops related to the excessive voltage grid, which in Israel vary from 620 kW to 16 MW,” Eitan Parnass, the director of the Inexperienced Power Affiliation of Israel, mentioned. . pv journal. “These contracts are closed in a free market atmosphere with out intervention by any means from authorities entities.”

    Solely photo voltaic builders can make the most of the brand new regulatory framework, as wind energy initiatives are nonetheless restricted by present rules. In contrast to PV arrays, wind initiatives nonetheless profit from the feed-in tariff (FIT) scheme.

    Israeli renewable developer Doral Group, in the meantime, secured its first PPA from actual property firm Melisron. The settlement will start in January 2024.

    “The quantity of electrical energy utilized by Melisron as a part of the transaction represents about 10% of the full inexperienced electrical energy produced by Doral’s PV services which might be anticipated to hook up with the Israeli grid within the subsequent two years, which is roughly -man of 1 GW, with an power storage capability of about 1.8 GWh,” mentioned the developer, with out giving particulars.

    This content material is protected by copyright and is probably not reused. If you wish to cooperate with us and need to reuse a few of our content material, please contact: editors@pv-magazine.com.

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