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Ormat Geothermal Reports $1.5 Million Loss

Despite low 2nd quarter earnings, Ormat has secured $350 million in loan guarantees to develop renewable, geothermal energy plants Israeli-founded geothermal power company  Ormat Technologies (NYSE: ORA) failed to meet the market’s expectations when the company presented its results for Q2: a $1.5 million loss was reported, resulting in a $0.03 loss per share. Most […]

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Solar Power To The People Of Abu Dhabi

Will Abu Dhabi’s citizens choose solar panels for their roofs when electricity prices go up? The residents of the United Arab Emirates capital, Abu Dhabi, will soon experience three major changes as the Abu Dhabi Distribution Company electricity supplier plans to install a meter for every apartment and a solar panel on every roof, according […]

Masdar CEO Admits An End To Oil

Masdar’s CEO acknowledges oil and gas are finite, yet the energy provider continues to exploit UAE’s natural resources to fund renewable projects with the same quest for fame and fortune that kept us glued to oil [image via GDS Digital] Given its celebrity status and our skepticism of its real sustainibility, we at Green Prophet […]

Givot's Premature Oil Production Near Rosh Ha'Ayin, Israel

Givot Olam Oil Exploration LP push to production without reservoir report or stable production rates. In the face of serious climate change, Israel’s Petroleum Law (1952) encourages haste where oil is concerned. We’ve seen it at Adullam, where IEI plans to rake up the earth for oil shale, and now we’re getting another taste of it […]

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Register Early For the "Smart Grids" Middle East Conference

Smart Grids are redefining the electricity future. Worldwide experts in the field will gather to share their know-how with the Middle East in Dubai this December. [image via GDS digital] When temperatures soar, so does electricity consumption. At the peak of a scorcher day, everyone at home or in their offices hikes up their air-conditioning […]

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Energy Giant BP Signs Gas Deal With Egyptian Government

Is the Mediterranean Sea fated to end up like the Gulf of Mexico? Like a giant herd of marauding elephants pounding through the forest, BP destroys everything in its wake. Despite the international outcry against one of the world’s worst human-induced environmental disasters, the Deepwater Horizon spill that leaked 92 million barrels of oil into […]

Syria’s Master Plan for Renewable Energy

Wind farms, like this one in the Israeli-occupied Golan Heights, may soon be common in Syria. About 90 percent of Syria’s electric power comes from thermal power plants fueled by heavy fuel oil and natural gas; and the country is now looking into using forms of renewable energy to provide its increasing need for energy. […]

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Libyan Oil Clout Now Pushing for Buying Stake in BP

Libyan bargain hunters look to scoop up shares of BP. Should the world’s environmentalists be concerned? Image of Libyan president al-Gaddafi via Daily Mail News that doesn’t bode well for the environment? Rich Libyan oil barons are vying for a controlling stake in British Petroleum (BP) the UK oil company leaking billions from the Gulf […]

Israeli Citizen Group "Save Adullam" To Fight Oil Shale Plans

Israel’s Energy Initiatives’ (IEI) oil shale ambitions threaten the environment, and livelihood of Judean hills residents. [image courtesy of Moshe Moreno] By now, with the world’s worst oil spill off the Gulf of Mexico causing irreparable damage, and with numerous cleaner alternatives to choose from, a wiser civilization might leave destructive, polluting energy in the […]

Are Iran Oil Sanctions Finally Kicking In?

As major oil companies pull out of Iran, analysts differ over the import of new economic sanctions. By all objective standards, this week Iran is facing some version of a moment of truth. Responding to the impending imposition of beefed-up United Nations economic sanctions, French oil company Total announced publicly that it was suspending oil […]

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Forests may not be the greatest carbon sinks – here’s why

It can take decades of forest growth before the ‘cooling’ CO2 sequestration can overtake these opposing ‘warming’ processes, finds new study on Yatir Forest (above). We’ve been buying carbon credits, and have been busy planting trees hoping to stave off climate change, but the simple formula we’ve learned in recent years – forests remove the […]

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Solar lights from Innovation: Africa

Sivan Borowich-Ya’ari founder Innovation: Africa As Westerners, there are some things we really can’t understand about Africa unless we’ve been there. That’s what Sivan Borowich-Ya’ari discovered over the last decade. While working for a clothing manufacturer and then the United Nations, the Israeli woman fell in love with Africa. She understood how very small things […]

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Coffee grounds into energy

You know that great smell that tickles your nose when you walk into a coffee shop?  The wonderful aromatic smell of roasting beans?  Well, if you are a resident of Safed, Israel - where the Elite coffee factory is located - that sweet smell is currently mingled with the harsh odor of the shale oil used to power the factory.  Thus destroying the great scent.