from the September 2008 issue

Israel to invest NIS 400m in alternative energy

The Government is xpected to approve a strategic plan for encouraging investment in renewable energy. Minister of Finance Ronnie Bar-On and Minister of National Infrastructures Benjamin Ben-Eliezer head the committee.

The government will invest NIS 400 million in the five-year plan for 2008-12. The plan is intended to encourage R&D and production of electricity by renewable energy sources in order to consolidate Israeli industry's standing as a central player in the global market as the world turns to using renewable energy. The goal is for Israeli renewable energy companies to achieve NIS 500 million in annual sales.

Reprinted from the Israel High-Tech & Investment Report September 2008

Click HERE to request further information.
Click HERE to go BACK.