Daniel Birns, international activities advisor at the U.S. Department of Energy, speaks Dec. 15 at a US-Israel environmental symposium at the Israeli Embassy in Washington, DC.

Virginia’s largest electric utility is eagerly seeking Israeli “clean-tech” partners that offer innovative technologies aimed at slashing the world’s dependence on fossil fuels through the development of renewable energy sources like solar, wind, seawater and biofuels.

Dominion Resources GreenTech Incubator, based in Ashland, Va., is a nonprofit business incubation program formed by Dominion Resources, the Virginia Biosciences Development Center and two other local entities. David Lohr, the program’s executive director, will lead an official Virginia delegation to Israel on Jan. 6, with the goal of identifying three to five companies that could be ideal matches for the year-old venture.

“This is our first international effort, and we’re very excited,” said Lohr. “Our joint initiative tries to incubate and commercialize technologies in the clean-energy sector. We are hoping to replicate the success we had with Israeli life-sciences companies three years ago by moving into green-tech. this has been part of our strategy from the outset.”

The Virginia executive was one of three speakers at a Dec. 15 environmental symposium co-sponsored by the Israeli Embassy, Washington law firm ZAG/S&W and the U.S.-Israel Science and Technology Foundation.

Continue reading: “US Firms look to Israel for “Clean-tech” Partnerships” »

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