ET Solar selected for utility-scale projects in Palestine


The Palestine Investment Fund (PIF) announced the agreement with ET Solar, which will develop two PV systems totaling 16.5 MW – 7.5 MW in Jericho and 9 MW in Tubas.

According to PIF, they are set to be operational by the end of the year. “The stations will be connected to power distribution and transit stations, covering multiple end-user consumers,” it added.

ET Solar was selected from a number of bidders which participated in a tender announced by Massader, a wholly owned subsidiary of PIF. Under the latter’s Noor Palestine program, it aims to develop 200 MW of solar PV capacity over eight years, via utility and rooftop projects.

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In addition to signing agreements with the Jerusalem Electricity Distribution Company and the Tubas Electricity Company to distribute power generated from the projects, PIF also recently signed a US$20 million financing agreement with the Arab Bank for the construction of three solar parks, which include the two abovementioned projects, and a third, 5 MW project, to be located in Jenin.

Last March, ET Solar announced its German unit, ET Solutions AG, had started construction on a 60.9 MW PV facility in neighboring Jordan in Mafraq.

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