Sometimes even the closest relationships can be taken to the next level. That’s certainly what Josh Frydenberg, Australia’s energy and environment minister, hoped to achieve during his recent three-day trip to Israel.
As a follow-up to Prime Minister Benjamin Netanyahu’s trip to Australia in February, Frydenberg traveled across the country with a delegation of senior clean-tech entrepreneurs to explore what makes the start-up nation tick.
In his series of meetings, the minister found that when it comes to cybersecurity, solar technology, drone technology and agriculture innovation, Israel is the place to be.
“Whether it’s cybersecurity, agriculture innovation, water treatment or solar technology, there are enormous opportunities,” Frydenberg told The Jerusalem Post while attending a networking event for Australian and Israeli start-up execs in Tel Aviv Monday night.
“This is a natural home for us, a natural place to do business. So we think this is the start of something really special, and we look forward to building with Israeli companies not only in the next few weeks, but years,” Max Cunningham, the Australian Stock Exchange’s general manager listings and issuer services, told the audience.
As a representative of a country with a growing solar industry, Frydenberg marveled at the Negev’s Ashalim Solar Thermal Power Station – the tallest solar tower in the world – and its 121 megawatts, which has the potential to power 120,000 homes.
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