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Sense and Sustainability. The Importance of Solar Energy & Innovation to Israel. Why Solar?. Environmental Benefits National Security Geography Physical Geography: High levels of solar irradiance; longer days Political Geography: hostile neighbors, lack of oil.
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Sense and Sustainability The Importance of Solar Energy & Innovation to Israel
Why Solar? • Environmental Benefits • National Security • Geography • Physical Geography: High levels of solar irradiance; longer days • Political Geography: hostile neighbors, lack of oil
History of Solar Energy in Israel • National Laboratory dedicated to solar energy • Energy Crises led to increased adoption of solar water heaters • Other institutions dedicated to other types of solar energy • Nanotechnology & organic solar • Concentrated Solar Power on industrial scale
Current Policies & New Initiatives • Feed-in tariff implemented in 2008 to encourage investment in solar energy infrastructure • All new buildings required to use solar water heaters • Israeli power company, Arave Power Company, is building a solar field for Bedouin communities • Financed by OPIC • Seen as model for sustainable development in indigenous communities
Future of the Industry • Israel has laid the groundwork for future innovation in solar energy • Israeli Universities provide R&D services • Several companies leading the way, including Zenith Solar, Brightsource, and Israeli Cleantech Ventures