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Israel is the new Israel (Alternatively, if TechCrunch is the go-to online tech publication, will TreeHugger be the new TechCrunch?) : Israel Innovation 2.0
Response to Sarah Lacy's claim on TechCrunch that Israeli entrepreneurs lost their mojo.
Globes Online – Israel business news – Israel economy – Israel banks – Tel Aviv Stock Exchange – Israel stocks - Shekel – Israel technology – Israel real estate – Israel defense companies - Globes [online] - Evogene and Ormat subsidiary receive biodiesel
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Evogene and Ormat subsidiary receive biodiesel grantThe firms hope to improve oil yield.Globes' correspondent 20 Dec 07 20:03
Evogene Ltd. (TASE: EVGN) and Orfuel Inc, a US subsidiary of Ormat Industries Ltd (TASE:ORMAT), signed an agreement with the BIRD Foundation (Israel-US Binational Industrial Research and Development Foundation) to obtain a grant from the foundation for financial support of a joint project of Evogene and Orfuel in the field of alternative energy. A principle approval for the grant was obtained on July 25th, 2007.The parties obtained an approval for a one million US dollars grant from the BIRD foundation, which constitute half of the initial budget allocated to the project. The project is expected to last three years.
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The Evogene and Orfuel joint project is aimed at providing substantially improved feedstock sources for biodiesel production. The companies collaborate to develop non edible plants, displaying improved oil yield and capable of being grown in non arable lands, thus addressing key problems facing the industry.
Shares in Rehovot-based Evogene rose 0.2% today to NIS 4.53, reflecting a market cap of NIS 88.8 million.
Published by Globes [online], Israel business news - www.globes-online.com - on December 20, 2007
Globes Online – Israel business news – Israel economy – Israel banks – Tel Aviv Stock Exchange – Israel stocks - Shekel – Israel technology – Israel real estate – Israel defense companies - Globes [online] - World Bank mulls financing Negev solar project
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World Bank mulls financing Negev solar projectThe planned 250-MW plant will be one of the largest solar power plants in the world.Lior Baron 20 Dec 07 13:59
The World Bank is considering financing the proposed solar energy power station planned to be built in the Negev. A World Bank delegation may visit Israel to meet officials from the Ministries of Finance and National Infrastructures to discuss the project. The World Bank has already expressing its willingness to finance the Red-Dead Sea canal, or "Peace canal", subject to a feasibility study.A joint Ministries of Finance and National Infrastructures delegation attended a World Trade Organization conference on infrastructures last week to interest investors in the Negev solar power plant and other infrastructure project. The delegation departed even before the government has published a tender for the solar power plant. The delegation also presented the Dan Region Sewage Reclamation Project (Shafdan) project, the Krayot bypass road and lateral Road 531.
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The Negev solar energy plant attracted the most attention. The government recently approved plans for a BOT tender for the 250-megawatt power station, which will cost $600-700 million. When completed, it will be one of the largest solar power plants in the world.
Published by Globes [online], Israel business news - www.globes-online.com - on December 20, 2007
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