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Renewable Research Energy Center to Be Established in Southern Israel

Renewable Research Energy Center to Be Established in Southern Israel

October 4, 2010

Alternative Energy, Press Releases

BEER-SHEVA, ISRAEL  October 4, 2010 — The Arava Group, initiated by Ben-Gurion University of the Negev (BGU) and the Eilat-Eilot municipality, recently won a tender from the Israeli Ministry of Industry, Trade and Labor to establish and operate a technology center for renewable energy in the south of the country.

BGU, represented by BGN Technologies, the University’s technology transfer company, has joined the group commitment to invest in the long-term development of industry in the region.
 
The group includes industrial leaders such as Elbit Systems, Rafael and Ormat; leading investment companies, including ProSeed Venture Capital Fund, Direct Insurance Group and the Consensus Business group; academic and research groups such as BGU and the Ben-Gurion National Solar Energy Center on the Sede Boqer campus, and the Eilat-Eilot Renewable Energy Authority; private management groups and regional municipalities.

The Arava Group was selected on the basis of its outstanding record in both research and development and a proven ability to bring new technologies to market.  It has been entrusted with the mandate to encourage technological initiatives related to production and improvement of renewable and alternative energy systems.  Aid provided will encourage the development of start-ups from the initial stage through research and development until feasibility is achieved.

Ben-Gurion University was established in 1969 to bring development to the Negev, a desert area comprising more than 60 percent of Israel. With a number of multidisciplinary research clusters working in complementary fields, BGU has a world-class team positioned to develop innovative renewable energy technologies with commercial applications.

University President Prof. Rivka Carmi noted that “clean industries bring quality jobs and ultimately add to the greater well-being of the region, strengthening the State of Israel while reaffirming its role as a source of creative, green technologies.”

The government of Israel and the group will each invest half of $30 million (114 million Shekels) over a five-year period.
 
BGN Technologies, responsible for the commercialization of know-how and inventions of Ben-Gurion University’s researchers, will represent BGU in the initiative.
 
According to Netta Cohen, chief executive officer of BGN Technologies, “The Arava Group has all of the components needed to succeed in this emerging field: researchers who work and live in the desert; industrial leaders who have a proven record at opening new markets; and a greater overall commitment to succeed for the advancement of the region.”

 

About American Associates, Ben-Gurion University of the Negev

American Associates, Ben-Gurion University of the Negev (AABGU) plays a vital role in sustaining David Ben-Gurion’s vision: creating a world-class institution of education and research in the Israeli desert, nurturing the Negev community and sharing the University’s expertise locally and around the globe. As Ben-Gurion University of the Negev (BGU) looks ahead to turning 50 in 2020, AABGU imagines a future that goes beyond the walls of academia. It is a future where BGU invents a new world and inspires a vision for a stronger Israel and its next generation of leaders. Together with supporters, AABGU will help the University foster excellence in teaching, research and outreach to the communities of the Negev for the next 50 years and beyond. Visit vision.aabgu.org to learn more.

Media Contact:
Andrew Lavin
A. Lavin Communications
516-944-4486
alc@alavin.com