The Israeli Ministry of Energy and Infrastructure announced that more than 2,000 additional megawatts will be allocated to the national electricity grid to connect renewable energy facilities, particularly solar projects.
This decision enables the state-owned Israel Electric Corporation to link numerous large-scale renewable energy projects, mainly located in the northern and southern regions of Israel, thereby advancing nationwide renewable energy production.
The statement further noted that citizens across the country will soon have the opportunity to participate in the renewable energy movement, benefit financially from installing solar facilities on their properties, and contribute to Israel’s shift towards a clean, competitive, and decentralized energy sector.
Additionally, the statement mentioned that electricity entities are actively promoting a substantial development plan for the electricity network to be implemented by 2030, with an estimated cost of around 17 billion shekels (approximately 4.43 billion U.S. dollars). This plan involves the establishment of new renewable energy facilities throughout the country.