| Renewable Energy Conference in Eilat |
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| Tuesday, 22 February 2011 20:30 |
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Korean delegation, which arrived in Eilat this week, includes over 30 senior representatives from companies engaged in the manufacture and assembly of components of the renewable energy industry, energy integrators, research institutions and R & D. Many Korean companies want to find partners in the field of renewable energy efficiency. Thus, in light of the opportunities in Korea in this field, the business potential for cooperation is significant. "Korea, the 13th largest economy in the world and 4th largest in Asia, has set a goal to be the world's leading green economy. To this end, Korea intends to increase renewable energy production level of 6.08% of total electricity production in 2020, compared with 2.7% in 2009. "Mutual trade with South Korea came in 2010 to - $ 2 billion, up 14% over 2009 Addendum Industry and Trade Ministry's trade in Korea Ofer Ford, the company promoting trade cooperation of Korea - KOTRA, the two R & D Fund - National Israel - Korea - KORIL, initiated and coordinated the arrival of the Korean delegation meeting with many participants from Eilat - Eilot Renewable Energy.
In addition to participation at the conference, the delegation will visit leading Israeli companies in renewable energy and edit a business seminar and meetings with Israeli companies in renewable energy and energy efficiency in Tel Aviv.
In light of major constraints in energy, well-developed industrial arising out of Korea, the government's investment in transit infrastructure and traditional sources of energy from renewable sources is tremendous |