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Last update - 04:31 18/05/2008 Google and Ormat discussing geothermal energy projects By Guy Rolnik and Yoram Gabison Tags: Israel, Google, hitech Ormat is one of the companies Google is talking to about alternative energy, co-founder Sergey Brin told TheMarker in an interview over the weekend. Brin, 34, was in Israel for President Shimon Peres' presidential conference "Facing Tomorrow," and visited Google's Israeli offices as well. Brin, who called Ormat an incredible company, said there were a lot of interesting Israeli companies that worked in renewable and alternative energy, as well as electric cars. Advertisement He refused to say if Google was on the verge of closing any deals to purchase Israeli companies, but did say the conditions were very good for Google to buy Israeli firms in the next year. Senior Google executives met with their counterparts from Ormat at two alternative energy conferences, including a presentation on geothermal energy. Larry Page, the other co-founder of Google, even visited an Ormat geothermal plant in Desert Peak, Nevada. Ormat is considered the world leader in geothermal energy. The relations between the two firms started after Google announced its strategic RE The goal of the initiative is to develop electricity from renewable energy sources that will be cheaper than electricity produced from coal. Google's program initially will focus on advanced solar thermal power, wind power technologies, enhanced geothermal systems and other potential breakthrough technologies. Page said, "Our goal is to produce one gigawatt of renewable energy capacity that is cheaper than coal. We are optimistic this can be done in years, not decades." One gigawatt can power a city the size of San Francisco. Google operates in the alternative energy field through its philanthropic arm, Google.org. Google's headquarters has solar panels that generate 1.6 megawatts. Ormat chairman Lucien Bronicki said in response that the meetings with Google are being held on a professional basis in order to advance geothermal technology. The firms are working to advance legislation for advanced geothermal technology development budgets from the U.S. government. In February, Ormat announced a test of what is know as Enhanced Geothermal Systems (EGS) technology, to be done in cooperation with the U.S. Department of Energy. The plan is to increase the output of one of Ormat's geothermal wells with the new technology by turning marginal wells into profitable ones. Brin also praised Google Israel's contributions to the parent company, mentioning applications such as Google Trends and Google Suggest, among dozens of others built in Israel. As to local sales, he refused to give numbers, but did say they were going very well, and that Internet advertising in Israel works amazingly well. Bookmark to del.icio.us   'Shampoo' meets 'Munich' New Adam Sandler film stars Mossad hit man turned hairdresser. Rehab (live) Report: Singer Amy Winehouse is to undergo drug rehab in Israel.   1.   Is Sergey Brin or Larry Page Jewish? 05:41  |  JosephP 18/05/08   2.   Positive direction 08:55  |  Dror 18/05/08   3.   GOOGLE & SCIENTOLOGY & HAARETZ 11:51  |  Heinrich Pestalozzi 18/05/08   4.   @1, yes sergey is jewish and page is half jewish, but by galakha 13:46  |  vladimir 18/05/08   5.   Make the move Israel 14:28  |  Dror 18/05/08   6.   what about water? 19:45  |  Oldtimer 18/05/08   7.   Solar Powered Desalination 04:23  |  Greg 19/05/08   8.   Google 20:32  |  eco-warrior 26/05/08

Read & React Report: Carter says Israel has 150 nuclear weapons Responses: 301 U.S. professor gives Israeli prize money to Palestinian university Responses: 143 Palestinians reject Israeli offer to hand over 91.5% of W. Bank Responses: 142 Anaysis / Price of quiet in Lebanon is Hezbollah in power Responses: 43 Shin Bet chief: Hamas threat increasing Responses: 36 More Headlines 19:47 Nasrallah: Lebanese jailed in Israel to be freed soon 20:04 MK Eldad: Anyone ceding Israeli territory should be sentenced to death 18:31 MI: Syria continuing to arm Hezbollah despite peace moves with Israel 20:05 Carter says Israel has 150 nuclear weapons 16:36 Hamas: Israel must open Rafah crossing for truce talks to succeed 17:06 21-year-old confesses to murdering his father in Jerusalem home 19:45 Saudi King extends invite to Jews for interfaith meet 19:44 Murdered teen Tair Rada's parents to sue state for NIS 2.5 million for negligence 13:43 Palestinians reject Israeli offer to hand over 91.5% of W. Bank 18:29 Olmert: Only delusional people think we'll keep post-'67 borders 13:45 U.S. prof. gives Israeli prize money to Palestinian university 15:34 Red Cross urges Israel to allow Palestinian prisoners family visits Previous Editions Select Day 25 may 23 may 22 may 21 may 20 may 19 may 18 may 16 may 15 may 14 may 13 may 12 may

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