The era of green technology is becoming increasingly lush these days and together, Canada and Israel are right in the thick of it.
A great example of this is 3GSolar, a company based in Israel that specializes in providing environmentally-friendly solutions that produce electricity.
The organization is currently working towards being the first ever Israeli company to be listed on the Toronto Stock Exchange (TSX).
3GSolar develops solar energy using Dye Solar Cell (DSC) photovoltaic technology, considered to be a cost-effective alternative to silicon and thin film-based systems.
Applications for the technology will begin in rural areas that are presently off-grid.
By being on the Toronto exchange, 3GSolar hopes to both raise its profile and much-needed money to get things moving.
High-tech Israeli companies are no stranger to North America. For instance, after American companies, Israeli firms are the second most common group listed on the NASDAQ.
With the success in the United States, Israelis are now turning to Canada with the hopes of gaining traction on an exchange that tends to be fruitful for up and coming smaller firms.
No specific date has been set for 3GSolar to be listed, however, company officials hope to see results in the coming year.
And further down the road, if things go well for 3GSolar in Canada, other Israeli companies may very well follow in their carbon-friendly footsteps.
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