Shikun & Binui Energy Bags 330 MW Solar Power Plant

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Shikun & Binui Energy Ltd bags 330 MW solar power plant tender to be built in Negev desert by Israel’s Ministry of Finance. The tender was launched in January 2020. The company submitted a bid of ILS 0.0858/kWh ($0.0272) for the plant.

The project will be completed in 2023 and it also comprises 210 MWh of storage. As of now, Zeélim solar park with a capacity of 120 MW operated by Shikun & Binui Energy is the largest operational solar PV plant in Israel.

Director of Israel’s Green Energy Association, Eitan Parnass, said, “The Dimona project reflects the new spirit of the last Israeli government, seriously promoting Israel’s energy security and shifting to solar plus storage. Our country will need eight more such projects to achieve national goals and detach from new natural gas power plants.”

The Ministry of Finance also allocated an 814 MW solar power plant project. The final price for the tender was ILS 0.1705 ($0.0541)/kW. Prime Energy secured 475 MW capacity which was the biggest winner for the solar project.

The ministry wanted to allocate solar projects with dual-use installations including agrivoltaics, vertical installations, solar shades, PV arrays for motorways, and solar carports.

Yaron Kikoz, founder and chairman of Prime Energy, said, “We are happy and excited about winning the tender, and proud to lead the move towards dual-use PV installations in the Israeli market. We have a unique experience in dual-use constructions, the first of which was constructed on top of a cowshed in the south of Israel. We expect to divide the total quota between multiple installations all over Israel and believe the company will continue to expand its operation into Europe.”

The other tenders were bagged by Doral Energy with 100 MW capacity, Zabar Solar with 65 MW capacity, YVS Renewable Energy with 50 MW capacity, EDF Renewables with 32 MW capacity, and Enlight Energy with 30 MW capacity.

Israel aims to have 15 GW more solar capacity to achieve the 2030 target and generate 17-30% of electricity with renewable energy. The country also provides certain incentives for the same.

Parnass further said, “Our new government is strongly committed to solar and storage and is pushing for fast deployment. We expect rapid solar market growth and storage implementation. Being an energy island with a successful economy and strong local market players makes it a must happen.”

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