Israel has relative advantages in cleantech sectors, including innovation, entrepreneurship, human capital, and R&D, which can help Israeli companies succeed and advance in the industry, said Governor of the Bank of Israel Prof. Stanley Fischer at the 14th CleanTech 2010 Expo in Tel Aviv today. Fischer added that Israel has extensive experience in financing innovation through venture capital, and start-ups. Government incentives are important, but private sector financing should lead the industry’s development. Cleantech development in Israel has many economic advantages. It can serve as a growth engine, and help diversify exports and export targets, which will reduce the economy’s vulnerability to crises. Cleantech can also promote Israel’s environment, reduce the country’s dependence on imported fuels, and help Israel’s integration into the OECD. http://www.globes.co.il/serveen/globes/docview.asp?did=1000570404&fid=1725
Clean Tech News
Cleantech can be growth engine for Israel
Wednesday, June 30th, 2010Solar integrator G Systems to buy Chinese PV panels
Sunday, June 20th, 2010Israel’s G Systems Ltd. will buy $15 million worth of photovoltaic panel manufacturer from China’s ET Solar Group Ltd. for installation in small and mid-sized solar energy facilities in Israel. The panels will generate 7.5 megawatts of electricity altogether. G Systems’ orders backlog for small and mid-sized solar energy of facilities amounts to 10 megawatts. ET Solar’s representative in Israel, Rafi Kirshenbaum said that the deal with G Systems was an important step in strengthening and increasing the company’s share of the Israeli solar energy market. http://www.globes.co.il/serveen/globes/docview.asp?did=1000568142&fid=1725
The Israel Conference Announces Featured Speakers from Oracle, SanDisk, Microsoft, Marvell, and Google
Tuesday, June 1st, 2010LOS ANGELES – (BUSINESS WIRE) – The premiere business conference for Israel-facing companies will bring top-tier executives together on Thursday, June 3, 2010 in Los Angeles. Featured speakers include Oracle’s president, SanDisk’s chairman, Google Israel’s head of R&D, Microsoft Israel’s head of R&D, and Marvell’s co-founder, among other chief executives who will be speaking throughout the day. The Israel Conference brings companies that do significant business in Israel together to increase business and investment opportunities between Israel and the United States. Registration is going strong at www.TheIsraelConference.org. Attendees can see the courting of companies in action,” said Sharona Justman, managing director of STEP Strategy Advisors, an acquisitions advisory and strategic planning firm with offices in Israel and California, and co-chair of The Israel Conference . http://newsblaze.com/story/2010051106432900002.bw/topstory.html and http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100511005770&newsLang=en
