Investment dollars flow to green energy start-ups

The renewable energy market continues to show growth, despite a struggling economy.

02/05/2010


 

gore_wind_2.jpg
According to a Wall Street Journal report , start-ups developing products aimed at wringing every last drop of efficiency from green technologies have become the standouts in the increasingly crowded field of renewable energy.

These companies are gaining favor, in part because they don't require a lot of cash to bootstrap, a big draw at a time when there's not much financing available.

Other winners in the investor sweepstakes are companies seeking to replace existing power grids to allow utilities to interact with home appliances, turning them on when power demand is low and electricity is cheaper.

Two big deals worth a combined $500 million highlight the changing sentiment. Industrial conglomerate United Technologies Corp., best known for its helicopters, jumped into the wind business. Another deal brought chip maker Taiwan Semiconductor Manufacturing Company Ltd. into solar.

In the third quarter of 2009, clean energy received 19% of venture capital investment in the U.S., second only to biotechnology, according to a report by PricewaterhouseCoopers and the National Venture Capital Assn .

To read the complete article, which analyzes the key sectors and companies in the clean-energy industry, click here .



Product of the Year
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
40 Under Forty: Get Recognized
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
MEP Giants Program
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
November 2018
Emergency power requirements, salary survey results, lighting controls, fire pumps, healthcare facilities, and more
October 2018
Approaches to building engineering, 2018 Commissioning Giants, integrated project delivery, improving construction efficiency, an IPD primer, collaborative projects, NFPA 13 sprinkler systems.
September 2018
Power boiler control, Product of the Year, power generation,and integration and interoperability
Data Centers: Impacts of Climate and Cooling Technology
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
Safety First: Arc Flash 101
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
Critical Power: Hospital Electrical Systems
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
Data Center Design
Data centers, data closets, edge and cloud computing, co-location facilities, and similar topics are among the fastest-changing in the industry.
click me