Can a new energy storage facility be built in Israel?

(Sue Surkes/Times of Israel) An Israeli company that has developed a unique method of storing renewable energy using air and water announced Wednesday that it has signed an $8 million agreement in principle with the Israel Electricity Corporation to build the first facility of its kind in the world, in Dimona, southern Israel.

Where will Enlight batteries be used?

The batteries will be used in two projects secured by Enlight in tenders held by the Israel Public Utility Authority for Electricity. Israel-based wind and solar project developer Enlight Renewable Energy Ltd has agreed to buy around 430MWh of batteries from Chinese inverter and storage system provider Sungrow.

How much does a solar-plus-storage project cost in Israel?

The projects selected in this solar-plus-storage tender were awarded a final price of ILS0.1745/kWh ($0.0562) and will have to begin delivering power to the Israeli grid by July 2023. This content is protected by copyright and may not be reused.

Who is supplying 430mwh batteries to enlight?

China-based Sungrow has agreed to supply Israeli developer Enlight with 430MWh of its storage systems. The batteries will be used in two projects secured by Enlight in tenders held by the Israel Public Utility Authority for Electricity.

Can a modular energy storage system compete with other storage systems?

Or Yogev, told some 300 people gathered at Kibbutz Yahel, 45 minutes north of Eilat, that his modular, mechanical system can compete in price with any other storage system in the market, is environmentally clean and can be scaled up to store quantities of energy that today’s batteries cannot.

What is Israel's Electric demand?

“Peak demand in Israel usually occurs in the evening,” they said. They also estimated the country's total electric demand for the year 2050, including electromobility, at 183.3 TWh and considered vehicle-to-grid (V2G) as a major source of storage. “In the V2G concept, the battery cost is actually embedded, or sunk,” Mittelman added.