14 Mar '13, 7pm

New Solar Projects in Israel Will Significantly Increase Installed Capacity

The answer: Israel, which ranks 17th and 37th, respectively, in Ernst & Young's most recent index rankings released a few weeks ago. Israel has laid out targets for 5% of energy from renewable sources by 2014, and 10% by 2020, the latter translating to roughly 2.7 GW of installed capacity. (The EU's own goal is 20% by 2020.) Right now renewables account for less than 1% of Israel's energy mix , and Israel's solar capacity as of last fall was just over 200 MW so there's a long way to go to meet 2015 goals. In 2009, Israel was the planet's fastest-growing solar market , adding 21.5 MW capacity for a 20-fold annual increase; cumulative installed capacity was 61 MW at the end of 2011. Most rooftops sport solar water heaters , too. A feed-in tariff (FiT) established in 2008 has been repeatedly scaled back in answer to cheaper prices, though, stalling progress on larger projects...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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