Israel Announces 10% Renewables Target by 2020

via internet business politics

The launch of Israel's first 5MW solar field was heralded as a sign of greater things to come—but plans for more than 400MW of Israeli solar were on hold pending clarification of Government incentive schemes. But now the Israeli clean energy sector has reason to look ahead—as Business Green reports that the Israeli government has voted in an ambitious plan to 10% renewables by 2020, a move that could see 1,550MW of renewable electricity capacity added by the end of 2014 and 2,760MW by 2020:

"I am proud that the government decided in favor of committing to the gradual production of energy from clean renewable sources," said environmental protection minister Gilad Erdan in a statement reported by The Jerusalem Post. "The decision will contribute to the reduction of air pollution, to the reduction of dependence on foreign energy sources, and will develop Israeli industry and technology, creating thousands of jobs in the periphery."

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