Time In Palestine
Home » News & Events » News » Events »  

The Palestinian Council of Ministers today approved to extend the renewable energy incentive package for more two years

 

In response to the demands of energy, the Palestinian Council of Ministers today approved to extend the renewable energy incentive package contract to promote the investment in using of alternative energy technologies for an additional two years. These incentives aimed to the sustainable use of renewable energy, social and economic development, independence and energy security, providing self-service energy coverage, and linking large projects to the main electrical service provider network.

The expect outcome lead to creation or increase of about 5,800 direct jobs opportunities, with total value of investment in this sector will reach more than 50 million USD over the next two years.