aol:Israel opens Solar bonanza
JERUSALEM (Nov. 27) -- The race is on to tap into a potential $20 billion solar energy bonanza in Israel's southern wilderness that could transform the nation into the first in the world to power its electric grids through renewable energy.
The starting gun sounded Sunday with the signing of a historic agreement between the Israel Electric Corp. and a solar energy producer based on Kibbutz Ketura, a tiny collective farm in the barren Arava desert on the Israel-Jordan border. For years, Israel has been exporting its cutting-edge solar technology for use abroad, but it has never been applied at home -- until now.
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