Enabling Palestine's Energy Security
Massader, PIF's impact arm for energy and infrastructure, invests in green energy and renewables projects which strengthen Palestine's energy security and diversify its power sources.
Noor Palestine – Massader’s Solar Energy Program
Noor Palestine is Massader's plan to develop 200 MW of solar capacity in Palestine by 2026, through a mix of solar parks and rooftop panels.
Solar parks will be constructed in several locations, starting with Tubas, Jericho, and Jenin. Massader's solar park in Jericho, set to open in 2018, will be Palestine's largest.
The Noor Palestine program will also intall solar panels on the rooftops of public institutions, schools, commercial buildings, and residential buildings. Most recently, Massader forged an agremeent with the Palestinian Ministry of Education and Higher Education to install solar panels on the rooftops of 500 public schools.
Massader Chairman Dr. Mohammed Mustafa signs an agreement with MoEHE Minister Sabri Sidem
An $80 million investment, Noor Palestine will generate significant savings in energy costs, giving Palestinians an alternative to the costly Israeli Electricity Corporation. Massader is forging agreements with Palestinian electricity distribution companies, such as the Tubas District Electricity Company, to ensure inclusive access to solar power.
For more on the Noor Palestine program, visit Massader's website here.