Arava Power launched its first solar field in Israel, called Ketura Sun, in Kibbutz Ketura, located in the Arava desert in Israel’s southern-most point near the Red Sea. The field, which cost about 100 million shekels ($29 million), is spread over approximately 20 acres of land and consists of 18,500 photovoltaic panels that were produced […]
Category: Latest News Israel
There have been many success stories coming out of Israel in the second quarter of 2011. From raised growth forecasts to international competative ratings, Israel is certainly punching above its weight. To see a short document on the economic highlight’s that occurred in Israel during Q2, please click here.
As reported in Port2Port: Israel will put on display some of the groundbreaking defensive and weapons systems developed by Israeli industry. The 49th Paris Air Show will take place at Le Bourget exhibition centre from 20 to 26 June 2011 The 49th Paris Air Show will take place at Le Bourget exhibition centre from 20 […]
As reported in Globes.co.il: Pythagoras develops and provides photovoltaic glass unit technology. Pythagoras Solar has been awarded the $100,000 ecomagination Challenge prize by General Electric Company (NYSE: GE). Pythagoras Solar, which has offices in Petach Tikva, develops and provides photovoltaic glass unit technology. GE’s ecoimagination Challenge prize recognizes the most promising building energy innovations.Pythagora Solar […]
As reported in Port2Port: Data released by the CBS showed local cows produced an average of 10,208 kilograms (nearly 2,642 gallons, around 10,000 liters) of dairy in 2009, outperforming cows in the US, Japan, the European and Australia Data released by the Central Bureau of Statistics on 6 June show that Israeli dairy cows produce […]
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Unemployment hits historic low
As reported in Globes.co.il: The unemployment rate fell to 5.8% in April, down from 5.9% in March, the Central Bureau of Statistics reports. The rate of unemployment in Israel fell in April to 5.8%, the Central Bureau of Statistics reported today. This is an all-time low, beating the previous historic low for unemployment of 5.9% in […]
As reported in Israel 21C: Amdocs has acquired Canada’s Bridgewater Systems for about $215 million in a deal that will improve its phone-billing software business. Bridgewater provides network control solutions for mobile and convergent service providers. “As the market leader in customer experience systems, Amdocs has an excellent reputation for delivering tangible value to service providers […]
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10,153 millionaires in Israel
As reported in Globes.co.il: The number of millionaires rose 20.6% in 2010, according to Merrill Lynch and Capgemini’s “2011 World Wealth Report.” Israel had 10,153 millionaires in 2010, 20.6% more than the 8,419 millionaires in 2009, according to Merrill Lynch and Capgemini’s “2011 World Wealth Report”. The millionaires’ aggregate disposable income rose to $52 billion in […]
This is Ormat’s third project in New Zealand announced in the past few months. Ormat Industries Ltd. US subsidiary Ormat Technologies Inc. has signed a 45-megawatt BOT (Build, Operate and Transfer) agreement with New Zealand’s Tikitere Geothermal Power Ltd. (TGL) to build and operate a a geothermal power plant in the Tikitere geothermal area near […]
As reported in IVC: Beginning today, the company’s American Depository Shares are listed on the Bulletin Board under the ticker “HADSY”. Hadasit Bio Holdings Ltd. (TASE:HDST), the biotech arm of Hadasit – the Technology Transfer Company of Hadassah Medical Organization yesterday obtained permission from the US Securities and Exchange Commission (SEC) to list on Nasdaq. […]
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