Tender Process Guidelines Published For Solar Energy Production Tariffs

After two years of stagnation in the Israeli solar industry, a new quota of over 1,000 Megawatts is expected to be released by the government in order for it to meet its electricity production target of 10% produced through renewable energy by 2020.

For the first time in Israel, the tariff for achieving the quota will not be determined in advance but instead through a competitive tender process in accordance with the tariffs proposed by bidders to the Electricity Authority.

The guideline for bidders applying for licenses was set out by the Electricity Authority on 10 October 2016 (the "Hearing"), which has changed the requirements under the current regulations.

The key points under the Hearing are as follows: