GE, Conoco Invest In Israeli Sewage-Eating Bacteria Company

[JStone]

Israel’s Sewage-Eating Bacteria Lure GE Cash to Curb Energy Costs Israel

Israel’s water industry is attracting funds from General Electric Co. (GE) and ConocoPhillips as the country develops energy-saving technology to treat sewage, part of a $5 billion program to clean up water supplies by 2016.

Emefcy Ltd., building a fuel cell that uses bacteria to break down waste in water, has raised about $10 million from investors including GE, NRG Energy Inc. (NRG) and ConocoPhillips, its Chief Executive Officer Eytan Levy said in a telephone interview. The process reduces the amount of energy required to treat sewage and generates electricity.

“We’ve seen a significant increase in interest in resource recovery from wastewater that wasn’t there just a few years ago,” Levy said from Caesarea, Israel. The company is targeting sales in Europe and the U.S. and forecasts annual revenue of more than $100 million by 2017, he said.

The bacteria project is a small part of Israel’s effort to alleviate a water shortage without straining limited energy supplies. The country’s dry climate and lack of desalination capacity put it at the forefront of a global increase in water scarcity, which the United Nations says will extend to 30 countries by 2025, a gain of more than 50 percent from 1990.
Israel has doubled its exports of water technology to $1.5 billion following a state-funded program that began in 2006, said Dimitra Christakou, head of water insight services at Bloomberg New Energy Finance in London. The nation has attracted global interest as governments and utilities study how it has invested to cope with the depletion of underground aquifers.

In June, Fairfield, Connecticut-based GE opened a research and development center in Haifa, Israel, and invested in Emefcy through Energy Technology Ventures, a joint venture with NRG Energy and ConocoPhillips. (COP)

“It’s important for us to make sure that we’ve got the right technologies,” Steve Kloos, advanced technologies leader at GE Power & Water, said by phone from Minnetonka, Minnesota. “Energy is a big deal in water treatment,” he said, adding that Emefcy’s equipment is different because it generates power while treating the wastewater.

“The more efficient you can be from an energy standpoint, the better the overall economics are going to be,” he said.

 

[Rat in the Hat]

Israel’s Sewage-Eating Bacteria Lure GE Cash to Curb Energy Costs Israel

Israel’s water industry is attracting funds from General Electric Co. (GE) and ConocoPhillips as the country develops energy-saving technology to treat sewage, part of a $5 billion program to clean up water supplies by 2016.

Emefcy Ltd., building a fuel cell that uses bacteria to break down waste in water, has raised about $10 million from investors including GE, NRG Energy Inc. (NRG) and ConocoPhillips, its Chief Executive Officer Eytan Levy said in a telephone interview. The process reduces the amount of energy required to treat sewage and generates electricity.

“We’ve seen a significant increase in interest in resource recovery from wastewater that wasn’t there just a few years ago,” Levy said from Caesarea, Israel. The company is targeting sales in Europe and the U.S. and forecasts annual revenue of more than $100 million by 2017, he said.

The bacteria project is a small part of Israel’s effort to alleviate a water shortage without straining limited energy supplies. The country’s dry climate and lack of desalination capacity put it at the forefront of a global increase in water scarcity, which the United Nations says will extend to 30 countries by 2025, a gain of more than 50 percent from 1990.
Israel has doubled its exports of water technology to $1.5 billion following a state-funded program that began in 2006, said Dimitra Christakou, head of water insight services at Bloomberg New Energy Finance in London. The nation has attracted global interest as governments and utilities study how it has invested to cope with the depletion of underground aquifers.

In June, Fairfield, Connecticut-based GE opened a research and development center in Haifa, Israel, and invested in Emefcy through Energy Technology Ventures, a joint venture with NRG Energy and ConocoPhillips. (COP)

“It’s important for us to make sure that we’ve got the right technologies,” Steve Kloos, advanced technologies leader at GE Power & Water, said by phone from Minnetonka, Minnesota. “Energy is a big deal in water treatment,” he said, adding that Emefcy’s equipment is different because it generates power while treating the wastewater.

“The more efficient you can be from an energy standpoint, the better the overall economics are going to be,” he said.

Hey, kewl. Maybe they could team up with Beeologics and VideoSurf to make a movie about bees that eat shit in the London sewers.

 

[JStone]

Warren Buffett

We believe generally in the United States, we believe in ourselves and what a young country can achieve. Israel, since 1948, now a major factor in commerce and in the world. It's a smaller replica of what has been accomplished here and I think Americans admire that. They feel good about societies that are on the move.

[ame=http://www.youtube.com/watch?v=zaN_2nFqFtI]Warren Buffet Supports the U.S.-Israel Relationship - YouTube[/ame]

 

[Rat in the Hat]

Jimmy Buffett

[ame=http://www.youtube.com/watch?v=qFLjuj-l_fE]Margaritaville - YouTube[/ame]

 

[JStone]

Warren Buffett
We believe generally in the United States, we believe in ourselves and what a young country can achieve. Israel, since 1948, now a major factor in commerce and in the world. It's a smaller replica of what has been accomplished here and I think Americans admire that. They feel good about societies that are on the move.
[ame=http://www.youtube.com/watch?v=zaN_2nFqFtI]Warren Buffet Supports the U.S.-Israel Relationship - YouTube[/ame]

 

[Rat in the Hat]

Chinese Buffet

[ame=http://www.youtube.com/watch?v=TdwuiyO7hOU]John Pinette "chinese buffet" - YouTube[/ame]

 

[JStone]

Warren Buffett
We believe generally in the United States, we believe in ourselves and what a young country can achieve. Israel, since 1948, now a major factor in commerce and in the world. It's a smaller replica of what has been accomplished here and I think Americans admire that. They feel good about societies that are on the move.
[ame=http://www.youtube.com/watch?v=zaN_2nFqFtI]Warren Buffet Supports the U.S.-Israel Relationship - YouTube[/ame]

 

[Rat in the Hat]

All You Can Eat Buffet

[ame=http://www.youtube.com/watch?v=ZHNt9rXSsTM]Real Men of Genius - Mr. All You Can Eat Buffet Inventor - YouTube[/ame]

 

[JStone]

Warren Buffett...

We believe generally in the United States, we believe in ourselves and what a young country can achieve. Israel, since 1948, now a major factor in commerce and in the world. It's a smaller replica of what has been accomplished here and I think Americans admire that. They feel good about societies that are on the move.

[ame=http://www.youtube.com/watch?v=zaN_2nFqFtI]Warren Buffet Supports the U.S.-Israel Relationship - YouTube[/ame]


Warren Buffett Invests $4 Billion In Successful Israeli Company, Iscar...

Iscar is exceptional. I can give you an absolute, unequivocal answer You can go around the world and it's very impressive when a country of 7 million people turns out a business like this. I haven't seen anything like this in the United States. We were measuring Iscar against everything we see in the world.

[ame=http://www.youtube.com/watch?v=w7eb-fjQw5k]Warren Buffet in Israel - www.themarker.com - YouTube[/ame]

 

[Si modo]

 

[Rat in the Hat]

-15

Come back and see me when you have some real points, Marc.

 

[JStone]

Warren Buffett...

We believe generally in the United States, we believe in ourselves and what a young country can achieve. Israel, since 1948, now a major factor in commerce and in the world. It's a smaller replica of what has been accomplished here and I think Americans admire that. They feel good about societies that are on the move.

[ame=http://www.youtube.com/watch?v=zaN_2nFqFtI]Warren Buffet Supports the U.S.-Israel Relationship - YouTube[/ame]


Warren Buffett Invests $4 Billion In Successful Israeli Company, Iscar...

Iscar is exceptional. I can give you an absolute, unequivocal answer You can go around the world and it's very impressive when a country of 7 million people turns out a business like this. I haven't seen anything like this in the United States. We were measuring Iscar against everything we see in the world.

[ame=http://www.youtube.com/watch?v=w7eb-fjQw5k]Warren Buffet in Israel - www.themarker.com - YouTube[/ame]

 

[Rat in the Hat]

Bermese Buffet

[ame=http://www.youtube.com/watch?v=Q4O9Jki8wzI]Burmese Buffet Restaurant: All You Can Eat! - YouTube[/ame]

 

[del]

-15

Come back and see me when you have some real points, Marc.

that won't be any time soon

 

[JStone]

-15

Come back and see me when you have some real points, Marc.

that won't be any time soon

Says the messageboard moderator who works for free

 

[Si modo]

Stone? Why the spam?

The OP is a good one, then you spam?

You look like a retard, now.

 

[JStone]

Stone? Why the spam?

The OP is a good one, then you spam?

You look like a retard, now.

Er, it's a messageboard and one that 5 people read

 

[Si modo]

Stone? Why the spam?

The OP is a good one, then you spam?

You look like a retard, now.

Er, it's a messageboard and one that 5 people read

I don't understand your answer.

Oh well.

The OP was a good one.

I guess the rest of the thread is just going to be crap and there is nothing left to see.

But, thanks for the OP.

 

[JStone]

Stone? Why the spam?

The OP is a good one, then you spam?

You look like a retard, now.

Er, it's a messageboard and one that 5 people read

I don't understand your answer.

Oh well.

The OP was a good one.

I guess the rest of the thread is just going to be crap and there is nothing left to see.

But, thanks for the OP.

You take a messageboard with 5 readers too seriously.