JERUSALEM (JTA) – Israel is poised to be a leader in developing solar energy and other renewable energy sources, a leader in the energy arena said while visiting the Jewish state.
In addition, "There are real opportunities for U.S.-style venture capital investment in Israel," Michael Eckhart, president of the American Council on Renewable Energy, said Thursday during a visit to Israel with a delegation of leading American energy specialists.
The delegation is visiting Israel to discuss best practices in the fields of renewable energy and reducing dependence on fossil fuels. The trip was organized by Project Interchange, an educational institute of the American Jewish Committee.
The weeklong program also is intended to establish strategic partnerships, foster professional cooperation and encourage information-sharing between U.S. energy specialists and their Israeli counterparts.
"Israel’s world-class expertise in solar power, biofuels and electric vehicles can be a catalyst for a global shift to low carbon and secure energy systems," said Marilyn Brown, the 2007 Nobel Peace Prize co-recipient, who is on the trip.