The heads of China's Suntech Power Holdings Co. Ltd. (NYSE: STP), the world's largest maker of solar panels, have met with executives of Israel's solar energy industry. Israeli participants at the meeting, arranged by the Israel Export and International Cooperation Institute, included executives of Pythagoras Solar Ltd., Solaris Synergy Ltd., Watts and More Ltd., bsolar Ltd., and SolarBead Ltd.
The Export Institute says that Suntech Power is the largest supplier of solar panels to Israel. Suntech CTO Dr. Stuart Wenham is heading the delegation. After meeting the Israeli executives and reviewing Israeli solar energy technologies and developments, he said, "Israel is a growing market in the solar energy industry, and we hope to deepen the dialogue with Israeli companies in the field to better understand their technologies and expand our activity and bring it to new levels."
Export Institute target countries director Assaf Bar-Moshe said that Suntech should be viewed as a natural partner for supplementary solutions offered by Israel's solar power industry. "We're pleased that Suntech has identified Israel as a technology powerhouse, besides Suntech being a target market for Israeli exporters," he said.
The 16th Cleantech 2012 expo announced yesterday that representatives of foreign companies which visited the expo in Tel Aviv last week signed NIS 65 million in deals with Israeli companies. Hundreds of Israeli renewable energy companies displayed their developments and innovations at the expo, which was visited by hundreds of guests and representatives of leading foreign companies.
Published by Globes [online], Israel business news - www.globes-online.com - on July 9, 2012
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