Tag: Israel

Israel will invest $22 billion to boost solar energy

Yuval Steinitz, Energy Minister of Israel, announces a plan to increase the use of solar energy over the next decadeIsrael is preparing its energy future, that is accompanied to a important increase of energy demand due to a expected growing population. This energy future plan will be based in renewable energies, and in solar energy specifically. Israel’s Energy Ministry unveiled an 80 billion shekel ($22.8 billion) plan to increase the use of solar power over the next decade. Nowadays the contribution of solar power to the energy mix of the country it´s only a 5% of its electricity. About 64% came from natural gas and the rest from coalAs Yuval Steinitz declared, Israel wants to grow that sun power contribution to 30% by 2030 (initially the first goal was 17%), something that involves 16,000 megawatts. Solar installations will be built to produce...