Israel Invests Close to $2 Million to Advance Next Generation of Blue-Tech Energy Technologies
The initiative will promote a new generation of Israeli innovations in renewable energy technologies for the marine environment, ranging from renewable energy generation at sea to artificial intelligence-powered marine energy management systems, with the goal of strengthening Israel's leadership in marine innovation, expanding renewable energy sources, advancing the country's energy and climate goals, and accelerating the commercialization of Israeli research.As…
Israel is investing close to $2 million in a new initiative to advance next-generation Blue-Tech energy technologies, aiming to strengthen its leadership in marine innovation and expand renewable energy sources. This joint effort by the Ministry of Energy and Infrastructure and the Israel Innovation Authority will support applied research in areas like renewable energy generation at sea and AI-powered marine energy management systems. The program, backed by approximately $2 million, including $1 million from the Israel Citizens Fund this year, seeks to accelerate the commercialization of Israeli research and achieve national energy and climate goals. Eli Cohen, Israel's Minister of Energy and Infrastructure, stated, "The State of Israel is a global leader in innovation and technology, and we are working to harness our marine resources to develop green, clean energy solutions." The initiative also aims to foster collaboration between academia and industry, transforming high-quality research into commercially viable technologies.
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