Hidden Gems

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Swampboots,

>>Thu: Ormat and Solel's shining promise
The mountain has finally come to Mohammad, and people from all over the world are coming to see what solar energy pioneer Solel has to offer. Meanwhile, Israel's only serious contender in alternative energy is Ormat, but why did Lehman Brothers downgrade its EPS estimates for this year?

Shlomo Greenberg

Israel was a trailblazer in solar energy, and in this context, special mention should be made of Solel Solar Systems from Beit Shemesh. Solel featured prominently in "BusinessWeek" this week, as US President George W. Bush's decision to increase invstment in alternative energy will help the company to develop markets outside Israel. Regrettably, there's no chance of investing in ever-so-interesting Solel right now. It's a private company and belongs to a Belgian group that acquired the rights to its technology from predecessor Luz, which collapsed in the Nineties. <<

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Dubi