
The Pope was in Israel earlier this month, bringing with him thousands of Catholic pilgrims (and a request from environmentalists to help clean the Jordan River). A week later 40 investors from the California region came on a different kind of pilgrimage to Israel – to see the world-famous clean technology opportunities Israeli entrepreneurs have to offer.
Despite the poor US economy, American investors see the down market as a business opportunity, and Israeli clean technology companies in renewables, water and energy are on their radar.
Among the participants in the clean tech mission to Israel are some of the biggest names in the California investment community including Atiq Raza, former COO of AMD and now at Khosla Ventures; George Coelho a managing partner for Good Energies; Josh Green, a general partner for Mohr Davidow Ventures; and Michael Allman, the CEO and president of Sempra Generation.
Giving event organizers – the California Israel Chamber of Commerce (CICC) – their wish list before hand, the visitors met with dozens of Israeli companies. The guests, representing 25 different companies, landed in Israel on May 18, and for four days explored collaboration opportunities with Israeli firms and co-investment opportunities in this growing sector.






During the week of May 10, 2009, Ormat, a geothermal company, announced its plans to build a plant in Indonesia and Globes reported that major cleantech investors are planning to visit Israel in the near future.

