Showing posts with label Energy Cooperation Act. Show all posts
Showing posts with label Energy Cooperation Act. Show all posts

Tuesday, November 24, 2009

DOE awards grants to HelioFocus, Tigo Energy, TransBiodiesel and Motorola Israel for U.S.-Israel energy projects

The U.S. Department of Energy (DOE) today announced the award of $3.3 million in grants for four U.S.-Israel cooperative clean energy projects. The projects were selected by the BIRD Foundation and will be funded by the DOE and Israel's Ministry of National Infrastructures.

The four projects will leverage private sector cost-share for a total project value of $11.6 million:

HelioFocus Ltd., based in Ness Ziona, Israel and Capstone Turbine Corporation, based in Chatsworth, California have been selected for an award of up to $800,000. HelioFocus and Capstone Turbine will develop and commercialize a micro-turbine to produce electric power from concentrated solar energy. This project includes $2.1 million in private sector cost-share. IC Green Energy invested in HelioFocus last year, and this blog reported on HelioFocus' cooperation with Capstone Turbine back in August 2008.

Motorola Israel Ltd., based in Tel Aviv, Israel and SmartSynch, Inc., based in Jackson, Mississippi have been selected for an award of up to $900,000. Motorola Israel and SmartSynch will collaborate in the development and commercialization of a platform to enable implementation of a Smart Grid energy management system. This project will integrate Home Area Network and Smart Grid network management software applications to give utilities greater control while allowing end-users the ability to monitor and control consumption. This project includes $2.8 million in private sector cost-share.

Tigo Energy, based in Kfar Saba, Israel and U.S. Architectural Glass and Aluminum Co., Inc., based in Alameda, California have been selected for an award of up to $900,000. This project will support the development and integration of a complete Building Integrated Photovoltaic (BIPV) system. The partnership will seek to overcome the cost, standardization, generation performance, visibility, and safety challenges that currently hinder large scale adoption of BIPV. This project includes $2.3 million in private sector cost-share. Earlier this year, Tigo Energy announced a $10 million Series B financing from Israel Cleantech Ventures, Matrix Partners, OVP and Clal Energy.

TransBiodiesel Ltd., based in Shfar-Am, Israel and The Purolite Company, based in Bala Cynwyd, Pennsylvania have been selected for an award of up to $700,000. This project seeks to design a biocatalyst comprised of methanol-resistant lipase immobilized on a cost-effective resin for the production of biodiesel at commercial scales. Lipase biocatalysts offer significant advantages over traditional catalysts used for biodiesel production including lifecycle efficiency gains and consistent product quality, but are currently high-cost and suffer from short operation life-time as they are degraded during the biodiesel production process. This project includes $1.2 million in private sector cost-share. This is TransBiodiesel's second BIRD Foundation grant -- in 2008, it was awarded a grant to partner with Rohm & Hass on biodiesel production.

The projects are expected to begin in 2010.

The BIRD Foundation promotes cooperation between Israeli and U.S. companies in various technology areas and assists in identifying strategic partners in both countries, in order to develop and commercialize novel technologies and products.

The BIRD Foundation supports projects without receiving any rights in the participating companies or in the project itself. The financial assistance is repaid as royalties from sales. The Foundation provides support of up to 50% of a project's budget, beginning with R&D and ending with the initial stages of sales and marketing. The Foundation shares the risk and does not demand that the investment be repaid if the project fails to reach the sales stage.

The BIRD Energy program is the result of the U.S.-Israel Energy Cooperation Act, which was enacted in December 2007 and formally launched at the Eilat-Eilot Energy Conference in February 2009.

Related Posts:

Tigo Energy raises $10 million Series B from ICV, Matrix, OVP and Clal Energy

BIRD Foundation invests in U.S.-Israel cleantech projects

U.S.-Israel Energy Cooperation Act launches at Eilat Energy Conference

AquAgro invests in Transbiodiesel

IC Green Energy invests in HelioFocus

U.S is near approval for clean energy cooperation with Israel

Sunday, March 1, 2009

U.S.-Israel Energy Cooperation Act launches at Eilat Energy Conference

The Unites States – Israel Energy Cooperation Act, an international collaboration aimed at developing renewable energy technologies to reduce the world's oil dependence, officially launched during the recent Eilat-Eilot International Renewable Energy Conference.

The Cooperation Act, which will fund eligible joint ventures between U.S. and Israeli businesses, has already allocated $2 million for 2009 ($1 million from each country), with a significant increase expected in future years. The grant program is targeted at biofuel, solar thermal, and electric vehicle technologies.

"Israel is well-known in the world as a technology innovator. The concentration of scientific innovation in the country is impressive," said Jonathan Shrier, Assistant Secretary, Office of Policy and International Affairs, U.S. Department of Energy. "This cooperation between the United States and Israel is unique in that we have a partner who brings a lot to the table."

Two projects, run by Seambiotic and Better Place, have already received approval.

Seambiotic is developing technology to utilize flue gas from coal burning power stations for algae cultivation. The company aims to grow and process marine microalgae using an ecologically-based environmental system to reduce air pollution and global warming.

Better Place is a venture-backed company aiming to reduce global dependency on oil through the creation of nationwide electric vehicle networks.

The U.S. Department of Energy and Israel's Ministry of National Infrastructures have agreed that a researcher exchange and conference circuit are two important elements of their collaboration. Two conferences in the U.S. and two in Israel will take place annually. The annual conference in Sde Boker, Israel, will focus on the technological advancements in the Renewable Energy industry while the annual Eilat-Eilot conference will serve as a platform for industry-ready technologies to exhibit and market their offerings. In addition, researchers from Israel will spend significant time working in the U.S. market, while researchers from the U.S. will do the same in Israel.

Other announcements made at the Eilat Energy Conference include the launch of the Timna Renewable Energy Park, the centerpiece of the Eilat-Eilot region's efforts to turn Southern Israel into the "Silicon Valley" of renewable energy, and the AORA solar thermal plant in Kibbutz Samar, the world's first commercial hybrid solar gas-turbine power plant.

"The developments presented at the Eilat-Eilot Conference demonstrate the region's leadership in the renewable energy industry," Said Shlomo Wald, Chief Scientist, Ministry of National Infrastructures. "We are taking action to find sustainable solutions to Israel’s and the world's energy crisis, and we hope others see Israel as a major contributor."

For perspectives on the Eilat Energy Conference, check out these blog posts by Gil Dibner, Principal at Genesis Partners, and Rabbi Julian Sinclair of the Jewish Climate Initiative.

Related Posts:
DOE awards grants to HelioFocus, Tigo Energy, TransBiodiesel and Motorola Israel for U.S.-Israel energy projects

US & Israel to launch Energy Cooperation Act at Eilat Energy Conference

Renewable energy park to be built in Arava Valley

U.S is near approval for clean energy cooperation with Israel

Wednesday, December 19, 2007

US near approval for clean energy cooperation with Israel

The US Senate has approved cooperation with Israel in clean energy - the U.S.-Israel Energy Cooperation Act - as part of the Energy Independence and Security Act of 2007. The House of Representatives is due to approve the bill later this week, and President George W. Bush is expected to then sign it into law.

The bill will establish a third binational science cooperation body, in addition to the US-Israel Binational Science Foundation (BSF) and Israel-United States Binational Industrial Research and Development Foundation (BIRDF). The Energy Independence Act stipulates that the Secretary of Energy will establish a program for grants to support research, development, and commercialization of technologies for renewable energy and the efficient production and use of energy.

Israeli sources in Washington predict $20 million in allocations a year over the next five years for joint US-Israeli energy projects. The US Department of Energy and Israel's Ministry of National Infrastructures will formulate an agreement and settle related issues.

The Energy Independence Act includes financing grants for the production of energy from biofuel, biomass, wind, ocean waves, and geothermal sources. Projects will include joint basic research between US and Israeli academic institutions and applied research projects between companies from both countries.

(Sourced here)

Related Posts:

DOE awards grants to HelioFocus, Tigo Energy, TransBiodiesel and Motorola Israel for U.S.-Israel energy projects

U.S.-Israel Energy Cooperation Act launches at Eilat Energy Conference