Nimrod Novik of the Merhav Group was not pleased by the frontal attack waged by Delek’s Yoram Turbowitz at an energy conference in Israel this week. The Israel Energy and Business Convention 2010 held this week in Ramat Gan addressed a range of energy-related issues and featured keynote speeches by several government ministers. Of particular […]
Israeli innovated BrightSource gets US Presidential nod to electrify the California desert. More than 94% of all Americans, or more than 9 out of 10 want solar energy over conventional power sources, according to a recent survey conducted by the 2010 Schott Solar Barometer Survey. This represents a 2% increase over the 2009 survey in […]
About to break ground later this month in California, and with an IPO in the horizon, US President lauds clean tech companies like BrightSource for creating new “green” jobs. To bolster his leadership position and defend his support of clean technology, US President Obama lauds the solar energy company BrightSource for creating jobs and green […]
Known for bulldozing archeology ruins into the sea, is it hello BP and bye bye Appolonia? Libya’s ancient archeological sites under threat from offshore oil spills. British Petroleum (BP), whose Deepwater Horizon offshore oil well was spewing thousands of barrels of oil into the Gulf of Mexico for more than five months, was at the […]
The Biolite stove cooks up dinner for a family of 5 using local wood and no electricity. Jonathan Cedar and his business partner, Alex Moss, were working on a cooking device for campers when they realized they could use a thermoelectric module to generate electricity from some of the fire’s excess heat. That electricity could […]
Will the sea outside Israel be calm again? Hopes and dreams of a gas bonanza in Israel came to a sudden halt as shares came tumbling down after the Israeli Ministry of National Infrastructure under Minster Uzi Landau decided to cancel any further sale of oil and gas exploration rights, the Israeli business daily Globes […]
Energy will soon be used more judiciously at the Supreme Court (shown here) and other public buildings in Israel. The Israeli government has awarded a tender for improving energy efficiency in public buildings by over 30% – without spending a shekel of taxpayer’s money. Under the tender’s Energy Saving Sharing plan, EHS Tech will bear […]
A prototype algae biomass farm. Will it work in the super dry Middle East? Biomass, a renewable energy source based on biological material from living or recently living organisms, is hailed as a possible fuel source to provide power for everything from cars and aircraft to electricity for homes, businesses and factories. Previous articles on […]
With a little boost from the World Bank, Egypt hopes wind energy will provide 20% of energy needs by the end of the decade Although Egypt continues to pursue a ruinous relationship with oil giant BP, it appears that some efforts are underway to develop its renewable energy market as well. The Board of Executive […]
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 […]
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 […]
Lebanese writer says the Middle East’s nuclear energy ambitions amount to a status symbol that should be replaced with decisions based on efficiency, safety, and communal good The United Nations has called on the Middle East to be nuclear-free. Free of destructive power, and free of a volatile source of energy. Why choose nuclear in […]
A solar band-aid: Spain and the UN looks to create solar power heating, mainly water, for hospitals in Lebanon. Thanks to a contribution from Spain, Lebanon’s first solar power heating project for hospitals have been made possible, the Lebanese newspaper The Daily Star is reporting. The project is part of the Lebanese government’s plan called Country […]
Gilatz builds another solar plant in Italy, capitalizing on the country’s hefty solar subsidies. Solar is going viral, and can be profitable too. Gilatz Investment, a publicly traded company on the Tel Aviv Stock Exchange, has signed a deal through a subsidiary for the construction of a third 2 MW solar power plant in Italy, […]
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 […]