|Israel||<50kW = $1.0132 51kW-12MW = $0.4458 12MW-60MW = $0.3242 >60MW = $0.2972||<51kW = $1.0132 51kW-12MW = $0.4458 12MW-60MW = $0.3242 >60MW = $0.2972||20 years|
The Israeli solar market has been broken down into three segments: small, medium and large installations. Small installations of up to 50KW do not require power purchase agreements (PPA) and have been proliferating since the feed-in tariff was announced in 2008.
Medium installations of 50KW to 5MW as well as larger installations of 5MW and up do require a PPA however. The medium and large solar fields represent the state's efforts to fulfill a government decision to produce 10% of electricity from renewable sources by 2020 and 5% by 2014.
Update May 01, 2012
The Public Utility Authority of Israel slashed solar equity returns in half from 14% to 7%. The new rate will be 69 agorot (US$0.17) per kilowatt hour down from 90 agorot (US$0.23). However, both the Authority and Energy and Water Ministry have stressed that the regulation applies only to non-domestic installations of up to 50kW, connected to the grid by August 1.
Update Dec 01, 2011
In addition to a small-scale rooftop program, a PV-dedicated scheme for 300MW of medium-sized ground-mounted and commercial rooftop systems from 50kW up to about 12MW could soon be joined by a program for supporting 500MW of larger projects for the high-voltage grid. Israel’s Public Utilities Authority (PUA) says as of mid-May 2011 more than half the 300MW scheme – 177MW from 114 projects - had already been approved for connecting to the distribution grid.
Presently, the FiT rate for 51kW to 12MW installations is dependent on how much the high voltage grid can handle. For the 51kW-12MW rate, it will drop 5% when set capacity or year-end is reached - whichever comes first. Further to that, the 12MW cap is stilll awaiting ministeral approval although it is expected to be all for PV.