The largest solar power project in Palestine will be launched in the next few days. This project is part of the Noor Palestine Program which is designed and implemented by the Palestine Investment Fund (PIF). Msader for Energy Systems Co., the largest Palestinian company established in 2010 and one of leading and specialized companies in the field of solar energy and the first companies to implement such projects in Palestine. With a joint Venture of ET solution International, Msader will procure, implement, operate and maintain those two renewable energy projects in Palestine.
With total capacity of 17 MW, the two projects will be in operation in Jericho and Tubas by end of the year 2018. Those two PV Plants will be connected to the electricity distribution network of Jerusalem Distribution Electricity Company – JDECO and other will be will connected to Tubas Distribution Electricity Company – TDECO upon an agreements with the PIF , the two solar PV plants will cover the electricity needs of several beneficiaries across various sectors, including public facilities, industries, households and institutions.
Eng. Ahmad Shawareb the Executive Director of Msader and after signed the agreement with PIF said “Palestine needs more sustainable solutions that can drive the economy and develop the sector”
The solar energy projects in Palestine have a strategic economic, social and political dimension, as its contributes to the creation of jobs for graduates and engineers working in the sector and also develop their skills. The economic dimension can by achieved by economic savings for beneficiaries and reducing their electricity bills, those two projects are expected to reach 50% of the electricity bill reduction over 25 years of time.
Investing in such projects can also reduce the need to import electricity from Israel, which constitutes more than 80% of the electricity imported to Palestine and this can strengthens the steadfastness of the people and reduces the GHGs emissions from the region.
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Originally posted 2018-04-30 16:31:44. Republished by Blog Post Promoter