Month: July 2010

Israeli Solar company MST has connected its first system to the national power grid to produce 50 KW of electricity making it the first Israeli firm in the field. MST was founded in 2002 by Dov Raviv, commonly known as the father of the Arrow antiballistic missile. Its concentrated photovoltaic (CPV) system uses mirrors that move with the sun to concentrate its rays on solar panels, thus boosting their efficiency and MST says they have reached 24.5% overall efficiency during almost a year of testing, which is about 10-12% more than standard CPV panels. The idea behind CPV is to use less land than PV and achieve higher efficiency. MST also says that its system is on trackers that are raised above the ground and so the land below can be used for agricultural production

Bringing a wild well (a well that is out of control) back in control

This is especially important since in terms of total energy efficiency measured directly from the source, natural gas is often much more efficient than electricity. Indeed, natural gas is extremely efficient, losing very little of its energy value as it reaches its point of end use. Electricity, on the other hand, measured from the point of generation to the wall socket, is much less efficient. In fact, only about 27 percent of the energy put into generating electricity is available by the time it reaches your home. Thus, while an electric appliance may be extremely efficient in using the electricity it takes from the wall socket, this does not take into account the energy that is lost in generation and transmission.

The International Association of Oil & Gas producers encompasses most of the world’s leading publicly-traded, private and state-owned oil & gas companies, industry associations and major upstream service companies. OGP members produce more than half the world’s oil and about one third of its gas.

Financial Levers has two controlling shareholders, Jacky Ben-Zaken and Avraham Nanikashvili