05.07.2009

Term used to refer to the structural reform in the electricity sector enacted by the government

Gradual transition process that IEC is to undergo in its corporate structure leading to the company operating several generation subsidiaries which will operate on the basis of a similar fuel mix and which will operate as essential service providers. The company will later establish and operate several distribution subsidiaries which will each operate in a defined geographic area and in addition a transmission subsidiary. In addition the management of the company’s systems, commerce and other functions relating to development in the electricity sector and planning will also be under a separate company

Solar Power company was established in 2003 and deals with the installation of photovoltaic solar systems. This Israeli company carries out activities in Africa where it is active in six different projects. In February 2009 Solar Power established a solar panel on the roof of the Paz petrol station at Maale Adumin at a cost of half a million shekels and which will supply 18 kwH of electricity

Solar energy can be produced basically from two different technologies. (1) Photovoltaic which converts sunlight directly into electricity. The main advantage of this system is that medium and small size facilities can be established such as on roof tops and electricity can be relatively easily produced at points that are distant from the grid. The main disadvantage is the high cost of this technology. (2) Thermal-solar technology, which operates at a high efficiency is thus relatively cheaper than other solar technologies but requires vast expanse of land. Thermal solar power concentrates the sun’s tremendous heat energy into heat conductors that transfer the energy to conventional steam turbine engines