The 6th electro, automation & energy event in Algiers is happening May 5 to 8. Interested in knowing more about renewable energy opportunities in North Africa and the Arab world? Then head to Algeria this May to meet a high profile group of decision makers and companies targeting the growing Algerian energy sector. In step […]
The finish line is in sight for Israel Cleantech Ventures (ICV), which has been racing towards a $100 million goal. ICV is an Israeli venture capital fund that was founded in 2006 to focus exclusively on raising capital for investment in renewable energy companies. In its February financial filing the company showed it had raised […]
Israeli entrepreneurs are world renowned for their high tech talents and ingenuity. Funding has always been the problem. But now Israeli cleantech start-ups may finally be getting the financing they need. $7.7 billion market cap investment fund, Blackstone, also the world’s largest private equity fund, began holding advanced talks with Israeli fund Markstone in February […]
The people promoting bond sales to fund climate change turn to Islamic investors. Gulf nations may prove to be a prime market for Climate Bonds as they diversify beyond fossil fuels into long-term green energy projects. To spur investment, financial vehicles that support a low-carbon economy are being developed to align with Islamic Sharia law. It’s a simple concept: expand Middle East […]
Israeli leaders have started hosting a preparatory meeting for the 2012 Earth Summit (Rio + 20), the UN Conference for Sustainable Development, to be held in Rio de Janeiro, Brazil. The preparatory meeting is now taking place today through to October 27 in the Maccabia Village in Ramat Gan.
Israeli clean tech innovators comprise 8 percent of the world’s best clean tech companies according to this 2011 award. It’s the third year running that the Cleantech Group has put together its Global Cleantech 100. Last year, 7 Israeli companies were on the list. This year we see some repeats, with 8 on the list […]
The US subsidiary of the Israeli company lands the largest geothermal deal in New Zealand, with Maoris. Geothermal heats up in New Zealand: Ormat has told the Israeli business newspaper Globes that it has developed its biggest deal yet in the geothermal industry – one which uses heat from the earth’s crust to generate power. […]
Political stability, as well as sunshine is needed for Desertec solar projects. The “Arab Spring” uprisings that have turned several Middle Eastern countries literally upside down may actually become a boost for the Desertec solar energy project that could eventually provide much needed electrical power to several Middle East North Africa countries – and Europe […]
At a time of uncertainty in world VC funding, Israeli cleantech VC stays focused on renewable energy Israel Cleantech Ventures, the tiny but talented nation’s first cleantech-focused fund, is now more than halfway to raising a $100 million fund, according to a filing this week. Some of Israel’s more interesting clean energy start ups that […]
Daniel Birns, international activities advisor at the U.S. Department of Energy, speaks Dec. 15 at a US-Israel environmental symposium at the Israeli Embassy in Washington, DC. Virginia’s largest electric utility is eagerly seeking Israeli “clean-tech” partners that offer innovative technologies aimed at slashing the world’s dependence on fossil fuels through the development of renewable energy […]
Want an investment scoop on the Middle East? Read our interview with clean tech reporter, Michael Kanellos. Michael Kanellos, editor-in-chief at the popular clean tech news blog Greentech Media operates on a level that surpasses even the most active of us bloggers. I met Mike in Finland a couple of months ago on a clean […]
A market in Helsinki shows the “nature” of this cold country. Can Finland translate to the Middle East? Karin, in Finland, asks. “Wear underwear over your eyes,” suggested Michael Kanellos’ daughter. Kanellos from Greentech Media is one of the sleep-deprived bloggers Green Prophet is with on a clean tech tour of Finland –– along with […]
Canada, unlike the United States, is made up of provinces. One of its richest, and home to Toronto is Ontario – a province whose leader wants it to “go green” (see fist pumping, left). It is also where I was born and raised. Now, Ontario’s Premiere (leader) Daltan McGuinty is currently on a trade mission to […]
I find it fitting and perhaps a little ironic that I was asked to write a review about Adam Werbach’s popular book, Strategy for Sustainability, a book addressed to corporations large and small about how they can operate as leaders in sustainability. Perhaps because my senior thesis as an undergraduate English major, was entitled “The […]
BrightSource gets more than a billion in loan guarantees to shine its solar lights brightly and power California homes. We reported on BrightSource, the solar thermal energy company, and its nearly $1.5 billion in loan guarantee from the US Department of Energy last week. This was the biggest clean tech news in March. I spoke […]