Driving Sustainable Energy Innovation: Israel-US Collaboration in BIRD Energy Program
Key Ideas
- BIRD Energy program approved $7.5 million for five innovative projects in sustainable energy, fostering Israel-US collaboration.
- Projects involve hydrogen use in marine engines, green ammonia, high-efficiency heat pumps, aluminum-air technology, and PVC waste recycling.
- Initiative aims to address global energy challenges, promote commercialization of sustainable energy solutions, and strengthen bilateral ties.
- Participants required to cover 50% of project costs, showcasing commitment to technological advancement and potential commercial success.
Israel and the United States are deepening their strategic partnership in sustainable energy through the BIRD Energy program. In a recent executive committee meeting, $7.5 million was allocated to support five innovative projects with a total investment of $16 million, including private contributions. These projects cover a range of technological areas, from hydrogen as a marine fuel to energy-efficient solutions. The program, established in 2009, aims to promote cutting-edge energy technologies by connecting companies and institutions from both countries. The rigorous selection process evaluates projects based on technological merits and commercialization potential. Participants must fund at least 50% of the total costs and agree to repay part of the funds in case of commercial success.
The selected projects demonstrate the success of bilateral collaboration in advancing critical technologies. U.S. Assistant Secretary of Energy for International Affairs, Dr. Andrew Light, highlighted the effectiveness of the collaboration in finding sustainable solutions to global energy challenges. Yossi Dayan, Director General of the Israeli Ministry of Energy and Infrastructure, emphasized the role of BIRD Energy in fostering innovation and collaboration to address energy challenges.
The BIRD Energy program not only focuses on research but also aims to facilitate the commercialization and adoption of sustainable energy technologies globally. By supporting these initiatives, the program enhances Israel-US ties and contributes to the global energy transition. The commitment to technological innovation, commercial success, and sustainability underscores the significance of this strategic collaboration between Israel and the United States.
Topics
Investing
Global Markets
Sustainable Solutions
Strategic Partnership
Energy Technologies
Innovative Projects
Bilateral Collaboration
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