Cleantech funding, California’s interest in Israeli technology, IDE’s latest desal plant deal in China, and more headlines related to Israeli cleantech and the environment.
During the past week, the Eilat Eilot Renewable Energy Conference took place in Israel and several companies struck deals and agreements were signed. Chicago and Jerusalem formed an environmental partnership, while Poland and the US city of Akron signed water deals. Check below for these stories and the rest of this week’s headlines.
Partnerships
1. Israel and Chicago Form Historic Environmental Partnership
“We need mammoth human collaboration in order to surmount our global environmental problems. And let’s face it, we have a few of those: coral reefs potentially a thing of the past by 2050, oil set to peak just as the demand for it increases, and water- the source of all life – already a luxury commodity in places like Yemen. But it isn’t over till it’s over. In recognition of their numerous challenges, but determined to overcome them, two cities are planning to create mutual solutions…”
2. Israel and Poland sign agreement on water, energy (Roundup)
” Israel and Poland signed a joint declaration of cooperation on water supply and sustainable energy technology Thursday, as the two countries held a joint cabinet meeting that Israeli premier Benjamin Netanyahu said would strengthen ties…”
3. Akron inks deal for water security
“Akron plans to spend about $3.5 million to upgrade the security of its water-treatment facilities…”
Investment
4. “Cleantech funding focuses on mature cos”
“One of the questions that have been raised about the global cleantech industry is whether venture capital funds can finance companies in the field, and bring them to an exit…”
5. Israel Cleantech Ventures Raising $100 Million for Energy Innovation
‘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…”
Transportation
6. Proposed California Bill Could Be Big for Israel’s Innowattech
“Energy Harvesting Journal posted earlier today that California Assemblyman Mike Gatto has proposed a bill that would require the state to use piezoelectric technology on its highways. The technology generates electricity from the vibrations on the road that are created by passing vehicles…”
Water
7. Israel’s IDE Uses Waste Heat in China for “Greener” Desalinated Water
“Israel has been a world leader in desalination technology and projects by through companies like Tahal and IDE Technologies. IDE has already constructed more than 400 desalination plants in 40 countries, including at least 3 in Israel – the world’s largest reverse osmosis plants. Now IDE is expanding its foreign operations even more by signing a deal with China’s large Tianjin SDIC electricity company to build four additional Multi-Effect Distillation (MED) desalination units, each with a production capacity of 25,000 cubic meters of distilled water per day. The idea is to power the plants using wasted heat from other sources…”
Missed last week’s headlines edition? Catch up on green software, Israel’s cleantech plan, how Israel will lead the search for oil substitutes, and more.
Image via moaksey.
Author: Lisa Damast
Lisa Damast is an online marketing consultant by day and blogger of Israel technology by night. Her blog, Israel Innovation 2.0, provides news and analysis of Israeli technology companies in the enterprise software, Web 2.0 and cleantech sectors. Lisa is also a co-organizer of the Jerusalem Business Networking Forum (JBNF). JBNF helps facilitate online and offline networking among business professionals in Jerusalem, including in the cleantech industry. Lisa made aliyah in August 2007 after receiving a degree in Communication Studies from Boston University in May 2007. Lisa can be reached at lisa (at) greenprophet (dot) com.
