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Just four months into operation, the 4,000-acre development, with a price tag of roughly NIS 4 billion (more than $1.13 billion), is the largest renewable-energy project in Israel and among the largest in the world.
The post The power of a dream: Israel’s new solar plant lights the way to a bright future appeared first on JNS.org.
The Ashalim solar power facility extends over 988 acres, making it the largest such facility in Israel; Energy Minister Yuval Steinitz: Israel is on target to hit its 2020 renewable energy target of 10%.
The post Israel launches its largest-ever solar energy project in the Negev appeared first on JNS.org.
Discussions focused on possible cooperation initiatives, additional natural gas pipelines between the countries and cooperation on exporting gas to the Far East.
The envisioned pipeline would take natural-gas reserves from Israeli and Cypriot waters, and carry them into Greece and beyond.
The projection comes amid U.S. sanctions that were lifted under the 2015 nuclear accord, but reimposed in November under the Trump administration, in addition to new economic penalties against Tehran.
To qualify, they must include research and development cooperation between a U.S. company and an Israeli firm, or between a university and a company in which one party is in the United States and the other is in Israel, said BIRD in a statement.
It has agreed to sell some of the gas to Israeli power producer I.P.M. Beer Tuvia in a 19-year deal expected to earn Energean $900 million.
Israel offers an energy that is “almost unlike anywhere else in the world,” both as a global entrepreneurial epicenter and a country that fosters leaders, making it a perfect location for such gatherings.
Saudi Arabia is almost done constructing its first nuclear reactor, according to GoogleEarth images of the plant, raising concerns about it possibly operating a facility without following international standards and therefore acquiring nuclear weapons.