Israeli energy management systems company Panoramic Power announced this Monday that its technology was going to market. The company’s self-powered circuit sensor can provide customers with real-time detailed data on an entire building’s energy use through a wireless mesh network.
Among Panoramic Power’s financial backers is Israel Cleantech Ventures (ICV), a five-year old Israeli-based venture capital firm that was founded by three Ivy-League-educated Israeli transplants who moved from the East Coast with vast professional networks in the United States. One of the partners, Jack Levy, met with Breaking Energy in ICV’s offices in the Green Village, a quiet Tel Aviv suburb filled not only with environmental education programs but also with peacocks and chickens that roam the dusty lanes between houses. Keep reading →
As nations continue to wrangle over the control, development and transportation of Caspian basin oil and gas resources, recent new discoveries in the Eastern Mediterranean Sea have raised the potential conflict level between governments, corporations and other relevant parties. But the discovery of what appear to be substantial natural gas deposits, also presents great opportunity.
“There was some concern a number of months ago about these gas finds off the southern coast of Cyprus… now the US would have to have more of a naval presence in the Eastern Mediterranean in order to de-conflict these forces..,” Steven A. Cook, Council on Foreign Relations’ Hasib J. Sabbagh Senior Fellow for Middle Eastern Studies told journalists at a recent roundtable for select media. Keep reading →
Nouriel Roubini gives an audience no shortage of scenarios to keep them up at night, but his number one worry right now is the looming threat of Iran building nuclear weapons. Specifically, it’s the risk of a confrontation between Israel and Iran, or the United States and Iran, Roubini told Michael Milken in front of hundreds of onlookers at the Milken Institute Global Conference in Los Angeles Wednesday. Roubini, a notorious doomsayer and chairman of Roubini Global Economics, expects both Iran’s push into nuclear weapons and the pushback from Iran and Israel to ramp up in the second half of 2012.