Recent data show Israel added 900 MW of solar PV capacity in 2024. The majority of the newly-added capacity stems from projects operating under merchant power purchase agreements (PPAs).
Eitan Parnass, founder and director of Israel’s Green Energy Association, noted a complete switch from tendered PV projects towards merchant photovoltaic and energy storage projects that operate via PPAs. This segment of the market drove Israel’s solar growth in 2024 and will continue doing so in the following years,
Residential photovoltaics tend to represent a small fraction of each year’s new solar capacity, however the Ministry of Energy and Infrastructure recently announced a 100,000 Solar Roofs Program aiming to add 1.6 GW of solar by 2030.