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Israeli Economy to Gain $181Mil Per Year with Solar

| Tuesday May 31st, 2005 | 0 Comments

israel_solar.jpgIn a recent study, Eco Energy reports that Israel stands to reap as much as $2 Billion in economic gains over 10 years by investing heavily in solar energy.

The report says most of the benefit to the economy will come from avoiding carbon dioxide emissions and other pollutants, saving electricity transportation costs, and savings in foreign currency, since solar energy does not use imported fuel to produce power.

The report bases its calculations on the installation of 2,500 Megawatts by 2025. (source – Globes Israel)


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