US-Israeli solar energy co Brightsource raises $122m

As reported in IVC Online: The company value was $700-800 million, after money. Brightsource Energy Inc. has raised $122.5 million in its fifth financing round. In a filing with the US Securities and Exchange Commission (SEC), the company said that it raised the capital in shares and warrants, as part of a planned $125 millionContinue reading “US-Israeli solar energy co Brightsource raises $122m”

Eilat-Eilot Renewable Energy Conference to Showcase a Renewable Energy Commercialization Platform from Capital Nature Experimentum

Eilat-Eilot Renewable Energy Conference to Showcase a Renewable Energy Commercialization Platform from Capital Nature Experimentum Business leaders to discuss business models for bridging the gap from innovation to implementation for new renewable energy projects Eilat, Israel (February 21, 2011) – The organizers of the 4th International Eilat-Eilot Renewable Energy Conference & Exhibition today announced thatContinue reading “Eilat-Eilot Renewable Energy Conference to Showcase a Renewable Energy Commercialization Platform from Capital Nature Experimentum”

Israel’s cleantech mega-plan

As reported by IVC: The country is investing billions to become a world leader in renewable energy technologies and oil alternatives. “The global interest in Israel’s energy R&D and technology is out of all proportion to the size of the country,” says Dr. Eli Opper, former Chief Scientist and now chairman of the Eureka HighContinue reading “Israel’s cleantech mega-plan”

Solar energy that floats on water

As reported in Israel21c: Generating energy from the sun would be more practical if not for two huge drawbacks: The expense of the silicon material that converts light to electricity, and the large tracts of land needed for solar farms. By solving both problems – and introducing unexpected side benefits, too – Solaris Synergy capturedContinue reading “Solar energy that floats on water”

Ceragon buys Norway’s Nera Networks

As reported in Nera’s operations in Latin America and Africa complement Ceragon’s position in Europe, Asia and North America. Wireless backhaul equipment and network developer Ceragon Networks Ltd. is buying Norwegian company Nera Networks for about $48.5 million.Nera is a manufacturer of microwave radio systems. The company is one of three business units of EltekContinue reading “Ceragon buys Norway’s Nera Networks”

Solar Energy Co. SolarEdge Raises $25m

As reported in IVC Weekly: The funding round was led by Lightspeed Ventures. Photovoltaic solar energy monitoring system start-up SolarEdge completed a $25 million funding round led by Lightspeed Ventures. Other participants included existing investors include Opus Capital, Genesis Partners, Walden Israel, ORR Partners, Vertex Venture Capital, and Singapore-based JP Asia Capital. SolarEdge CEO GuyContinue reading “Solar Energy Co. SolarEdge Raises $25m”

Israel at Shanghai World Expo 2010

Under the slogan “Innovation for Better Life”, Israel will highlight innovation at its pavilion at Expo 2010 Shanghai along with traditional Jewish culture. This is the first time that Israel is building a national pavilion at a World Expo. The design of its pavilion resembles two clasped hands, symbolizing Israeli innovation and technology. The pavilionContinue reading “Israel at Shanghai World Expo 2010”

BIRD Energy to Invest $4.2m in 5 US-Israel Projects

As reported in IVC: The projects’ total aggregate budget is $12.8 million. Israel-United States Binational Industrial Research and Development Foundation (BIRD-F) unit BIRD Energy will invest $4.2 million in five new joint renewable energy projects by US and Israeli companies. The projects’ total aggregate budget is $12.8 million. The projects are a system for energyContinue reading “BIRD Energy to Invest $4.2m in 5 US-Israel Projects”