How many solar roofs will Israel have by 2030?

Israel’s Ministry of Energy and Infrastructure says its 100,000 Solar Roofs Program aims to add 1.6 GW of new solar capacity by 2030. Israel‘s Ministry of Energy and Infrastructure is targeting the addition of 100,000 solar rooftop arrays in the country by the end of this decade.

How much solar energy does Israel need?

The 100,000 target, equivalent to 15% of Israel’s residential rooftops, is expected to add 1.6 GW to the country’s solar energy supply.

What is Israel's Investment model for solar energy?

The investment model for solar energy has evolved over the last decade, as Israel has put more of a focus on increasing the rate of green electricity generated from renewable energy sources, most notably – sunlight.

Should Israel install solar panels?

“Installing solar panels allows roof owners to enjoy additional financial income and consume electricity during emergency hours, and it increases the energy security of the State of Israel, while producing non-polluting electricity for the benefit of the health of all citizens,” said Minister of Energy Eli Cohen.

Can a solar power plant be installed on a roof in Israel?

In order to meet Israel’s goal of increasing the production rate of green energy to 30% within a decade, the State is promoting legislation that allows owners of private homes and commercial buildings to set up a solar power plant on the roof.

Are solar panels profitable in Israel?

While the system can bring a double-digit return on investment for some, for the hundreds of thousands who own apartments in shared buildings, it is not yet profitable. Over the past few years, it has become more and more popular for homeowners in Israel to set up solar panels on their roofs or in their yards — and for good reason.