Israel Energy Ministry Yuval Steinitz announced an 80 billion shekel ($22.8 billion) plan to increase solar power use during the next 10 years.
The goal is to have solar-power production grow 30% by 2030, Steinitz said according to a Reuters report on Monday. The plan is estimated to cut air pollution by 93% compared to 2015.
“This is a move that will change the face of the State of Israel, and it will be carried out by the private sector. There is a great deal of room for growth, innovation and enterprise,” said Steinitz, reported Globes.
The new target, said Steinitz, is to outpace rising demand and have solar-power production grow to 30% by 2030, or about 16,000 megawatts. That is roughly the same as total energy production today.
He said that most of the funds would pay for building solar-energy facilities and other money would go to upgrading the national grid and energy storage.
More than 80% of the country’s electricity would be provided for by solar power according to the plan, noted the report. JN