New guidelines have recently been published by the Electricity Authority for bidders wishing to apply for tariff licenses to produce the new quota of over 1,000 Megawatts that is required for the government to meet its electricity production target of 10% produced through renewable energy by 2020.
The guidelines are unique as it is the first time in Israel that the tariff for achieving the quota will not be determined in advance but instead by bidders through a competitive tender process.
For a full copy of our bulletin, which includes the key guidelines, please click here.
Energy and Infrastructure practice
Epstein Rosenblum Maoz (ERM) is considered a market leader in the renewable energy market, regularly acting for many of the leading Israeli and international owners, developers, EPC contractors and financiers in this sector.