Israel has announced EDF Renewables as the winner of the 300 MW solar plant in Dimona
The winning bid went under ILS 0.07/kWh, beating the company’s July 2024 100 MW PV project win for ILS 0.07/kWh
It will now build as well as finance the project in Dimona in the Negev Desert
Part of the French energy giant EDF, EDF Renewables has won the rights to build the largest solar power plant in Israel with a 300 MW planned capacity. Its winning bid of ILS 0.07 ($0.019)/kWh is the lowest price/kWh of electricity in the country to date, according to the Ministry of Energy and Infrastructure.
This winning tariff is even lower than ILS 0.07/kWh the company bid for the 100 MW Ashalim 3 PV tender that it won in July 2024 (see EDF Renewables Wins Israel’s Solar PV Auction).
“An unprecedented price of less than 7 cents per kWh shows the significant progress in solar technology and illustrates the ability of solar energy to strengthen the electricity sector through the diversification of energy sources and the decentralization of electricity production sites, together with very attractive energy prices for the electricity sector,” said the Director General of the Energy and Infrastructure Ministry, Yossi Dayan.
EDF will now build the 300 MW solar power plant in the Dimona area in the Negev Desert under a public-private partnership (PPP) model, with construction starting in 2026. The French company will finance, plan, construct, operate and maintain the project.
Israel tendered this project in 2020, receiving interest from 27 companies in return. Back then, the plan was to add storage as well (see 27 Companies Line Up For 300 MW Israel PV Project).