WORLD
J`lem issues NIS 35m tender for 50 solar energy systems
Baku, July 13 (AZERTAC). Most of the public buildings selected to receive the solar systems are schools and community centers.
The Jerusalem Municipality issued a tender this week to Moriah Jerusalem Development Company to construct 50 new solar energy systems on the rooftops of public buildings, which will cost the company NIS 35 million, the city announced today.
While the project itself had been approved last month, Moriah only won the bid to carry out the project in the past couple days, a spokesman for the company said.
Most of the public buildings selected to receive the solar systems are schools and community centers, and the company intends to perform most of the installations during the upcoming summer vacation.
The Israel Electric Corporation authorized the installations and awarded Moriah a 20-year contract on the systems, which will generate approximately 2.5 megawatts of energy per hour, according to the municipality.
Moriah, the development company owned by the municipality, is currently “looking at how to finance the project,” according to CEO Alex Weisman, noting that this is the first time that the company will invest in a project that does not involve pure building construction or road expansion but instead involves energy. The group is currently in talks with banks to acquire loans for the NIS 35 million costs, Weisman said.