Israel Awards 1.5 GW Energy Storage Contracts Across 11 Projects
The Israeli Electricity Authority (IEA) has awarded contracts for 1.5 GW of high-voltage battery storage across 11 projects in a recent tender. The awarded facilities will be developed in three key regions, helping integrate renewable energy into Israel's power grid.
The tender attracted 11 bidders proposing 29 projects totaling 4 GW of potential capacity. Winning bids set capacity tariffs ranging from $49.41/kWh to $74.20/kWh.
In the Western Negev, Noy Storage, Enlight, and EDF will develop four facilities with a combined capacity of 560 MW. In the northern region, B-Lite, Noy Agira, Allied, and Ormat will construct four facilities totaling 520 MW. In the Arava region, Enlight and EDF will develop three facilities with 420 MW of capacity.
The total investment for these projects is estimated at ILS 3 billion ($840 million). The facilities are expected to be operational by 2027, enhancing Israel's energy storage capabilities and supporting the transition to a more sustainable power grid.
Source: enerdata.net
