US$12 million in private finance has been earmarked for a 7 MW solar PV rooftop system in Gaza, Palestine. Up to 800 jobs are expected to be created.
The Palestinian Investment Fund (PIF) and the Ministry of Education have signed an agreement to install 35 MW of solar PV on the roofs of 500 public schools.
The $2.5 million initiative will be financed by the World Bank and will enable the installation of around 1 MW of rooftop PV systems.
The Turkish company has signed a MoU with the Palestinian utility JDECO for the construction of an unspecified number of solar plants in the Middle Eastern region.
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