SolarEdge recently secured $25 million in VC funding that it will use to maintain its lead in the PV optimizer market despite steep competition from companies within Israel and abroad. Unaffected by a global decrease in venture capital investments in cleantech, Israeli solar energy company SolarEdge has successfully raised $25 million in a Series C round […]
A slow recovery in the global cleantech sector has left many Israeli companies without VC funding and media coverage, while BrightSource Energy and Ormat Technologies continue to thrive. The decrease in VC investments in cleantech companies over the past year and in particular Q3 is raising questions about the cleantech industry’s recovery. According to NASDAQ, […]
The California Energy Commission ruled that climate change and energy needs are more important than plants and tortoises. Confronting the joint need to protect biodiversity while expanding alternative energy projects, after three years of deliberation, a fourth BrightSource Energy Concentrated Solar Power Plant was approved by California’s Energy Commission. Impeding approval of the Israeli company’s […]
There is enough sun in the Gulf region to generate electricity equivalent to that powered by 1.5 million barrels of oil; will stakeholders make the switch? Do you have any plans for the 23-24 of December? If not, perhaps you should consider booking a ticket to Abu Dhabi in the United Arab Emirates to attend […]
April fool’s in Oman in August? The mystery Omani EV is purportedly going to run 2,250 miles on one charge. This may be just another Gulf State far-fetched innovation, like the white gold, biofuel-running Mercedes Benz in Abu Dhabi: Mr. Sultan bin Hamad al-Amri, CEO of Oman’s Noor Majan is promoting what will be the Middle […]
Due to political constraints West Bank settlements will pay more for solar energy. Residents of the Har Gilo settlement in the Guzh Etzion settlement block just south of Jerusalem might not be considered part of Israel by some. But we all know that nature does not care for political borders, and in this case, neither […]
The Mecca of solar energy? Saudi Arabia company sets up $150 million solar energy company. For the last fifty years Saudi Arabia has been drilling in the ground for its energy needs, but that might all change as the kingdom is setting up its first solar power plant manufacturer, according to AME Info. With an […]
Ben Gurion University’s green passion, natural gas fields, the health benefits of oil and more headlines related to Israeli cleantech and the environment. Image by conanil. During the week of August 1, 2010, BrightSource Energy’s plans for the world’s largest solar plant in the Mojave came one step closer. The future of the Dead Sea […]
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 […]
Solar Millennium AG is the next in a string of companies to withdraw its bid from the tumultuous Ashelim tender in Israel. In their recent newsletter, Bloomberg reports that the German solar power plant developer Solar Millennium AG has withdrawn its joint bid for a 240 MW solar thermal project with the Israeli firm Minerva […]
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, […]
Planning is in full swing for ecoQ, an international environmental protection expo taking place in Qatar in September 2011. (From left to right: Haitham Shehab, Dr. Saif Al Hajari, and a member of the ecoQ team) Next September, the Qatar International Environment Protection Expo (ecoQ for short) will be presenting an international showcase of eco-friendly […]
Northern Israel: Not a cloudless desert, but still fertile ground for solar power. While southern Israel is the focus of the country’s most ambitious solar energy plans, including the Ashelim project and activity in the Eilot regional council, northern Israel is also drawing some attention: Gilatz Investments, an Israeli property developer, plans to begin constructing […]
Israel’s offshore oil resource are larger than previously thought, pitting the state against oil tycoons defying demands for a larger public share of oil revenues. In the context of fossil fuel-induced climate change, does the development of petroleum resources have any justification at all? Last week, a consortium including the American energy corporation Noble Energy […]
The United Arab Emirates’s Shams 1 project will incorporate hundreds of parabolic trough collectors. (Image via Solar Thermal Magazine) Abu Dhabi’s Masdar clean energy company has awarded a $600 million contract to a European consortium – the Spanish solar company Abengoa and the French oil and gas group Total – to build what it is billing […]