Prospects for US energy efficiency companies in Israel

The push for energy efficiency has clearly become worldwide, creating new prospects for US green energy companies to pursue export and foreign partnerships.

One such opportunity comes from Israel, with the help of the United States-Israel Science and Technology Foundation (USISTF), a Washington-based non-profit organization.

Israel is not a country we hear much about in terms of energy opportunity. China, India, North America, South Korea, Japan – these countries tend to steal the headlines in energy news.

But Ann Liebschutz, the foundation’s executive director, says new frontiers are opening in Israel because of its drive to adopt clean energy and its expertise in communications technology and software – the foundation of smart grid. Moreover, Israel’s Office of the Chief Scientist offers funding that US companies can benefit from when they partner with companies in Israel.

“In the energy efficiency space, Israel is uniquely positioned to provide services and products to US industry. Smart infrastructure and buildings — a lot of that is software driven. And that is where Israel’s core strengths are,” Liebschutz said. “If I were a US company, I would be looking to where the most significant research and development is taking place. Being able to plug into the emerging industry in Israel will produce a lot of assets for US companies.”

How do US companies tap into these opportunities?

One way is through partnerships that the USISTF is currently setting up between US states and Israel. Wisconsin was the first state out of the box, and now has a joint solicitation underway with the Israel government, available here, http://www.matimop.org.il/Content.aspx?code=256&cat=21. The two governments seek proposals from Israel/Wisconsin partnerships working on industrial and technological research and development. The goal is to develop innovative products or services that can be commercialized in the global market. The proposals are not confined to energy efficiency, but it is a sector that will be considered.

Winning proposals will receive financing from both Israel’s government and the Wisconsin Department of Commerce. The Israel partner can secure an interest free loan for up to 50% of project costs, plus special incentives for those ventures located in development zones. The Wisconsin partner is eligible for up to 50% of project funding from the state in the form of either tax credits or a low interest loan with deferred repayment schedules.

The USISTF also is in the process of negotiating additional partnerships between Israel and the states of Virginia, Maryland, Colorado and Oregon.

More details about the USISTF is available at http://www.usistf.org/index.html.

This blog is open source & copyright free with attribution to www.realenergywriters.com. Visit Elisa Wood at www.realenergywriters.com and pick up her free weekly newsletter and podcast.

Views: 13

Comment

You need to be a member of Home Energy Pros to add comments!

Join Home Energy Pros

Home Energy Pros

Home Energy Pros was founded by the developers of Home Energy Saver Pro (sponsored by the U.S. Department of Energy,) and brought to you in partnership with Home Energy magazine.

Latest Activity

Charlie Hewitt posted a blog post

Residential Electric Load Disaggregation

“What gets measured gets managed” is a quote often attributed to the venerable management expert…See More
6 hours ago
Kurt Albershardt replied to Larry Schaffert's discussion How to correctly insulate exterior wall in a 1900 house?
"Balloon framed houses make for easy upgrades IME.  We cover the open bays from the sill plate…"
7 hours ago
Kurt Albershardt replied to William Fisher's discussion Can tankless water heaters provide hot water even when the groundwater is fairly cold?
"There are a number of approaches that can work depending on the specifics of your situation. What…"
7 hours ago
Bob Mariani joined allen p tanner's group
Thumbnail

Energy Auditing Equipment for Sale, Trade or to Purchase

Discuss the pros and cons of the equipment you are interested in prior to purchase. Post equipment…See More
17 hours ago
Bob Mariani replied to William Parlapiano's discussion Equipment for Sale Updated April 9, 2015 in the group Energy Auditing Equipment for Sale, Trade or to Purchase
"I would be interested in a package deal for the items marked as "Available"  Email…"
17 hours ago
Steven Lewis replied to William Fisher's discussion Can tankless water heaters provide hot water even when the groundwater is fairly cold?
"Look at reducing the ambient humidity in the home.  The dew point is the key to the…"
Friday
Olivia Taylor posted blog posts
Friday
norman farwell replied to Bryan Pringle's discussion Dense packed cellulose in basement?
"Ha, we're on the same wavelength.  That's the big question--I'm still thinking…"
Thursday

© 2015   Created by Lawrence Berkeley National Laboratory.

Badges  |  Report an Issue  |  Terms of Service