"A reputable and experienced LP in the venture asset class told me just last
week that every generalist fund they speak with mentions an initative in
cleantech. I think the great generalist funds will invest in the sector (as you
know a few already are) and they will likely be successful.......I think there is an incredible opportunity for new technologies to help upgrade the antiquated electricity grids in Europe and North America and to leap frog into the incredible build-out that is going on in countries like India and China. China last year built an average of five 300 megawatt electricity plants a week and energy consumption is expected to continue rising fast as China aims to quadruple the size of its economy by 2020. This means a lot of new grid infrastructure technology will be deployed. We have a number of portfolio companies in the “smart Grid” space and will continue to seek out investments in this space.
Thin film vs. Conventional PV ? - Thin film if you have deep pockets and patience-
Solar concentrators vs. Flat Panel - No comment, yet.-
Cellulosic vs. Corn Ethanol - Science project vs. commodity. I’m a VC…science project always wins.-
Cleantech vs. Greentech - Make great products, build great businesses and provide great returns to investors (and hopefully help out our world along the way) and no one will care what you call it.
Friday, May 4, 2007
Cleantech investment still rising
with Emerald Technology Ventures, Scott MacDonald, Investment Director a global leader in cleantech venture capital.is a pioneer in this rapidly emerging sector and is focused on innovative technologies in energy, materials and water, managing three venture capital funds and two venture capital portfolio mandates totaling over $380M. cleantech area.
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