Israeli Cleantech VC Nears $100 Million Goal

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 […]

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Promise of Blackstone’s Millions May Keep Israel Focused On Cleantech

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 […]

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Israeli Defense Forces Polluting Groundwater with Impunity

Eighteen months ago, Itzhak Ben-David, the Israeli Environment Ministry’s deputy director for enforcement, visited several Israeli army bases in the West Bank.  What he saw was shocking.  Fuel and oil were leaking unabated into the ground on several sites.  In response, Ben-David asked the Israeli Defense Forces (IDF) to conduct water quality sampling and monitoring.  […]

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Dubai Might Buy Solar off Roofs

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Dubai’s electric utilities are considering buying back power generated from solar panels on the roofs of houses and office buildings. Last year, the city carried out its first ever study to see how much solar power is being produced outside the grid and it found that local businesses and other private owners were producing around 5 […]

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Food Security Overwhelming More Than 1 Million Syrians

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The United Nations Food and Agriculture Organization (FAO) issued a special alert on the food security situation in Syria this past week, voicing serious concern over the state of food security, especially for vulnerable groups, because of continued civil unrest since March 2011. According to the Syrian Central Bureau of Statistics, inflation increased between June […]

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America can’t green Jordan’s future

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America joins Jordan in a celebration of green, but we are not sold on the deal.  The USA and Jordan recently entered into environmental partnership, cosigning a plan to promote four distinct Jordanian initiatives: ecosystem conservation; increased education; improved private sector performance; and stronger environmental law. This agreement wrapped up a one-day forum on Environmental Technical Cooperation […]

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Arava’s 40 MW Solar to Power a Third of Touristy Eliat’s Peak Power

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Arava Power Company’s application was approved last night by Israel’s Public Utility Authority for their 40 MW, $150 million photovoltaic solar farm at Kibbutz Ketura, just north of the tourist destination city of Eilat in Israel’s Arava Valley. Able to ship out one-third of the electricity consumption during Eilat’s peak daylight hours, the solar farm will […]

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Tektuğ Elektrik Group Enters Turkey’s Expanding Wind Energy Sector

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German wind turbine manufacturer Nordex will construct eleven 2.5 MW turbines for the Tektuğ Elektrik Group’s first wind project. This autumn, on a mountain ridge in southeastern Turkey’s Adiyaman province, construction will begin on the 27.5 MW “Sincik” wind energy farm, Nordex announced today. It will be the flagship wind energy project of the Tektuğ Elektrik […]

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