Israel to set up feed-in tariff for residential and small industrial PV systems
Israel’s Minister of National Infrastructure (MNI) has authorized theministry’s new policy for up to 50kW size PV installations forresidential and small industrial installations. This is part of apolicy memorandum that will integrate Renewable energy into Israel’senergy production.
A feed-in-tariff will be set by the IsraeliPublic Utilities Authority and energy companies all hoping the processwill be quick. Prior to hearings, it has been anticipated that thetariff would be 1.61 NIS (0.31 €).
According to the authorizedquotas, in the periphery of Israel (including the Arava and Negevregions) industrial installations up to 50kW, installations ofresidential arrays (up to 4kW) will be uncapped until December 2014.
Aspecial 30MW quota has been reserved for public buildings roofs with anemphasis on educational institutions. Industrial installations(15-50kW) that are not to be installed in the periphery or on publicbuildings roofs are to be capped at 50MW.
"The new policyremoves almost all the restrictions from installing domestic facilitiesof up to 4KW and thus promotes the green rooftops vision," said theMinister Dr. Uzi Landau.
Vladimir Budyansky, Quantum BusinessGroup CEO was quoted saying: "This is a good policy. This is a big stepin rectifying the terrible atrocity that was created by previousregulations and tariffs. Now the market has legitimate expansionborders, there is an understanding in the MNI of the importance of PVinstallations and renewables, coupled with an opportunity to empowerthe periphery of Israel, that has been less prominent, yet has the mostpromising climate conditions for the Renewables industry.
"Theperiphery has all the conditions to assist Israel in achieving its 2020goal. We at Quantum have foreseen this almost natural turn of eventsand have set up our organization’s HQ in Beer Sheva, the capital of theNegev and Arava region to set an example, and be right in the middle ofthings."
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