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: 11

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

Bob Blanchette posted a discussion

Dual Fuel Systems, at what point do they make sense?

Heat Pump with furnace backup. These make no sense in our area with local NG rates, but they do…See More
3 hours ago
Bob Blanchette joined Hal Skinner's group
Thumbnail

The RCC Classroom (Radiant Control Coatings)

A group where energy professionals can learn about all the different energy saving aspects of…See More
3 hours ago
Shashank Kirloskar posted a blog post

Important Facts about Solar Energy

“I’d put my money on the sun and solar energy. What a source of power! I hope we don’t have to wait…See More
yesterday
reflintorm replied to Dennis McCarthy's discussion Solid state lighting - saves lives- and it improves life .
"In my observation, In most of the lightning appliances led bulbs are used because of their…"
yesterday
Chad Mcaulife posted photos
yesterday
Bob Blanchette commented on Jeremy Begley's blog post The Home Envelope : Does it Really Matter in a Heat Loss Calculation
"Infiltration makes a HUGE difference. Look at the heat loads on a windy day vs. a calm one. On a…"
yesterday
Bob Blanchette commented on Everblue's blog post Poor HVAC Installation Leads to Increased Energy Use
"That explains a LOT of why HVAC system continue to be sized by the same "rule of thumb"…"
yesterday
Profile IconChristian Asdal and Shashank Kirloskar joined Home Energy Pros
yesterday

© 2014   Created by Lawrence Berkeley National Laboratory.

Badges  |  Report an Issue  |  Terms of Service