Israel launched a plan with 12 million new shekels (almost 3.5million U.S. dollars) to fund energy-related projects, the Israel InnovationAuthority (IIA) said on Wednesday.
As part of the plan, the IIA, in collaboration with the EnergyMinistry and the Smart Transportation Administration at the Prime Minister'sOffice, published for the first time two joint calls for proposals to fund theprojects.
The authorities will invest about 10 million shekels to promoteprojects and develop innovation in the energy market, fossil fuel substitutes,water, and natural resources.
The remaining two million shekels will be invested in fundinggroundbreaking research and development programs to promote renewable energyand enhance energy efficiency in the manufacturing industry.
Editor: Galia
