International Finance Corp Looking To Invest Millions In Israeli Cleantech

wind-energy-israel-sunglasses.jpg

Israeli cleantech has long been present in the American market. Companies like Ormat have been developing geothermal resources in the US for decades. Now Israeli companies may be getting support to expand to developing countries as well. A senior official from the International Finance Corp (IFC)–a member of the World Bank, with a portfolio of $12 […]

Read more

Israel’s Geothermal Giant Ormat Signs Deal For Solar In California

Israel’s Geothermal Giant Ormat Signs Deal For Solar In California It already has an international presence, but Israel’s Ormat Industries (NYSE: ORA) just made its global presence a little brighter: On December 21, Ormat’s US subsidiary Ormat Technologies announced that it will be developing its very first 10 megawatt solar photovoltaic (PV) farm near one […]

Read more

Croatian Firm to Design Istanbul’s First Disaster Prevention & Education Center

Istanbul-lo-3.jpg

Radionika Arhitekture from Croatia won an international design competition to design  Instanbul’s Disaster Prevention and Education Center, which is hoped to create more public awareness about earthquakes in particular. In the last two months, two large earthquakes in Turkey claimed a total of 670 lives – deaths that might have been prevented with better disaster […]

Read more

Naomi Campbell Receives Plans For a Self-Sufficient Eco-Home in Turkey

naomi-campbell-ecohouse-5.jpg

As a birthday gift to famous model Naomi Campbell, Luis de Garrido from Spain designed an off-grid home complete with photovoltaic panels, a sophisticated geothermal system, an interior landscaped terrace, and – ahem – 25 bedrooms. For those who believe that the Eye of Horus from Egyptian mythology is actually an illuminati cult symbol, this […]

Read more

Palestine’s Geothermal Pioneer Shares Expertise Online

University-of-Madaba-geothermal-system.jpg

The University of Madaba’s geothermal system, the largest in the Middle East Khaled Al-Sabawi, founder and president of Palestinian green energy pioneers MENA Geothermal, was one of the speakers at this spring’s much-publicised TEDx Ramallah conference. In an engaging and humorous speech, Al-Sabawi detailed the many benefits that geothermal energy has to offer his native […]

Read more

Ormat’s Salt Wells Among Renewable Projects Prioritized on BLM Lands

Ormat-Raft_River.jpg

John Edwards at Energy Prospects is reporting that five geothermal projects totaling 489 MW projects have been selected by the Bureau of Land Management to be prioritized in the Western US this year. Among the five is the 40 MW Salt Wells project being developed by Nevada’s Ormat Technologies, the subsidiary of Ormat Industries, founded […]

Read more

Tigo Energy and 8 Israel-Related Headlines, Week of June 1, 2010

tigo-solar-panels.jpg

Alternative energy contracts with the US, Israel-Turkey relations, growing Israel-China business ties and more headlines related to Israeli cleantech. Image via Tigo Energy. During the week of June 1, 2010, TaKaDu and SolarEdge were named Red Herring winners for their innovative technologies. Ormat Technologies, a renewable geothermal energy company, is set to begin drilling in […]

Read more

Ormat Set to Release Alaska's Geothermal Energy Potential

ormatnevadageothermalenergy_thumb1.jpg

With dwindling natural gas reserves, will South Alaska be powered with geothermal energy? Ormat may be the first to open Alaskan territories, still virgin to this clean technology. Yavne, in Israel’s Central District, was briefly home to ancient Israel’s Sanhedrin (its highest rabbinical assembly). The town of 32,000 can also claim to be the original […]

Read more

Volcano and Hurricane Damages Ormat's Guatemala Geothermal Plant, Minimal Damage and No Lives Lost

geothermal-wells.jpeg

How geothermal energy wells look, and work. Image via Academic.evergreen With contacts and plants in place around the world, Ormat founded in Israel and headquartered in the US, reports that its geothermal plant in Guatemala has sustained volcano and then tropical storm damage. Ormat which is traded on the Tel Aviv Stock Exchange (TASE: ORMT) […]

Read more