An Israeli startup intends to demonstrate that money may not grow on trees but solar panels can.
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Sologic is planning on Thursday to reveal its eTree, an ecological sculpture that aims to promote awareness regarding sustainability within the community, at the Hanadiv Gardens near Zichron Ya'akov, according to the company.
The eTree is "an independent unit that produces green energy and provides everyone a place of comfort and energy for a wide variety of services," according to Sologic.
The eTree's leaves are in fact solar panels that power free Wifi, a USB charging station, a water cooler and water for pets, as well as illumination at night. A bench is also provided to rest beneath the shade of the eTree. Its branches are made up of metal tubes.
The seven solar panels each have a capacity of 1,400 watts per hour and together can produce about seven kilowatts per day, according to Ynet News.
Michael Lasry, the founder of Sologic, told Haaretz Wednesday that eTree has a separate company, Solargiving, especially dedicated for the venture.
"The company and the developer Solargiving company aims to promote awareness of sustainability educational experience in direct practice with everyday life," the Solargiving website states.
The company is in talks to install eTrees in China and France, Ynet reported on Wednesday.