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Israel to set up wind turbines worth 72 mln USD

Release Date:2020-01-03 16:36:09     Source:Xinhua     Author:xuxin

Israel will establish hundreds of wind turbines in its northern region, at a cost of 250 million new shekels (about 72 million U.S. dollars), said a statement by the Israeli Ministries of Energy and Defense on Wednesday.

The statement said that the two ministries, along with the Ministry of Finance and Israel's Electricity Authority, signed an agreement on financing a technology solution for renewable energy, which will allow the establishment of wind turbine farms in the north.

The statement noted that it is an essential step to promote wind energy in Israel, and keep the state's security needs.

"The agreement marks a significant milestone on the way to achieving government goals towards 2030, as wind energy will join solar and natural gas to create a clean, Israeli-based electricity economy," it said.

 

Editor:Cherie

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