Oramt.jpg

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 […]

rabin-square-green-prophet.jpg

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 […]

3627620909_8ae7d6c121.jpg

Night Garden in Jerusalem Exhibited the Beauty of Solar Power

Sunshine helps flowers grow and now, thanks to a joint collaboration of the Israel Electric Corporation and O*GE Architects, it makes enormous steel and metal flowers grow, too. In mid June, visitors to Jerusalem could stroll through a solar powered garden of larger-than-life sized flowers.  As described by O*GE Architects, visitors could “immerse themselves in […]

wave_energy.jpg

SDE to Install 100MW Wave Energy Plant in Africa

An undisclosed Muslim state in Africa has signed a deal with Israel’s SDE Energy & Desalination for a 100 megawatt power station that will harness the power of waves as electricity. SDE head Shmuel Ovadia says the $100 million facility is expected to bring in $1 billion worth of revenue over the contract’s 25-year term. […]