Tuesday, 12 May 2009

Israel's Clean Technology Pioneers - BusinessWeek

Israel's Clean Technology Pioneers


They're pros at getting the most out of limited natural resources. The world is taking notice—especially U.S. venture capitalists

Levy and Schwaber of Cleantech: The green energy industry hums "despite politics" Elion Paz

By Roben Farzad

Yavne, a hazy industrial corridor in central Israel, seems at first glance an improbable haven for geothermal technology. Its largely barren environs offer no geysers or volcanoes, the essential raw materials for geothermal energy. Yet this small city of 32,000 is home to Ormat Technologies (ORA), a $2 billion multinational listed on the New York Stock Exchange (NYX) that builds geothermal power plants around the world, from Colorado to Kenya.
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