Joint Israeli-US fund invests $4.8 million in clean energy

Joint Israeli-US fund invests $4.8 million in clean energy

Technology. (Illustrative). (photo credit:INGIMAGE) A public fund — supported by the US Department of Energy, Israel’s Ministry of Energy, and the Israel Innovation Authority — announced on Sunday that it would finance five joint Israeli-US clean energy projects to the tune of $4.8 million. The clean energy projects include helping to install a smart electrical grid in New York, transforming how we get ethanol from corn, making our power lines more efficient, developing a low-maintenance bicycle, and creating a safer way to transport hydrogen. The total value of the approved projects stands at $10.5 million, and the impetus behind […]