Thursday, February 4th, 2010
The green economy is thriving despite the economic downturn, according to the State of Green Business 2010 report released Wednesday by Greener World Media.
“Green professionals weren’t among the first to be thrown overboard,” said Joel Makower, report author and Executive Editor of GreenBiz.com, in a statement. “Their budgets were slashed, their headcounts frozen, all while their mandates sometimes increased. But they managed to survive, even thrive, during tough times.”
What top trends are now driving green business? To start, the report says more companies and consumers are embracing “radical transparency.”
Thursday, January 28th, 2010
What are the latest corporate environmental trends, and how are business leaders meeting the toughest challenges?
GreenBiz.com will release its “State of Green Business 2010″ annual status report to coincide with State of Green Business Forum events in San Francisco Feb. 4 and Chicago Feb. 9.
Veteran green business writers Joel Makower and Marc Gunther will lead the one-day sessions. Themes to be covered include “When Green Business Meets Cleantech” and “Can IT Solve the World’s Problems?” Attendees in Chicago will also hear about local issues, such as “The Green Economy Meets the Great Lakes.”
Thought leaders will include lawyer and longtime activist Van Jones, who stepped down from his post as White House green jobs “czar” amid a media firestorm in September. Other experts there should include: (more…)
Saturday, January 9th, 2010
Based on the rash of predictions for cleantech in 2010 from investors, consultants and media (see the full list at the end of this post), I’ve pulled together a “trend of trends” list below that attempts to synthesis the broader, over-arching themes. As always, I’m amazed that water isn’t on the top of every list, every year, although there are some positive signs on that front. So here are the 12 things that filtered to the top: (more…)
Friday, January 8th, 2010
According to Eric Straser, a partner at Mohr Davidow Ventures and a pioneer in cleantech investing, “In 2009… cleantech…is now garnering nearly 20 percent of all dollars invested by VCs. In 2010, we’ll see public investors get into the action with several IPOs…”
So what VC trends should be influencing the development of your investment strategy?
Thursday, January 7th, 2010
By now, you’ve probably had your fill of 2010 prediction lists about cleantech and renewable energy, but no such list was worth its bytes if it didn’t mention energy storage. The absence of scalable energy storage solutions is the Achilles’ heel of renewable energy generated from intermittent sources, such as sun and wind. But when it said late last month that it hopes to start selling a lithium-ion storage cell for home use around fiscal 2011, electronics giant Panasonic signaled that it could be filling that energy storage void.
Details about the battery are sketchy, at best. Panasonic’s president Fumio Otsubo told the Japanese newspaper The Yomiuri Shimbun about the planned product but didn’t mention how large the energy storage system would be, or how much it would cost. He did say the device would be able to store a week’s worth of power for a single home—which sounds impressive but is a poor metric, since the amount of energy a single family home consumes in one week can vary drastically from block to block and from city to city. Still, storing a week’s worth of energy for even a small home with relatively low energy needs would be a major accomplishment. (more…)
Monday, January 4th, 2010
An old Israeli joke describes how God led Moses through the desert to the Holy Land for 40 years, through hardships and dangers, only to lead the Israelite nation to the only spot in the Middle East where there isn’t a drop of oil.
Two thousand years later, things have remained pretty much the same. Today, Israel is considered an “island-state”, with over 99% of its capacity produced from imported fossil fuels.
In alignment with global trends, Israel has experienced a recent surge of new ventures in the field, comprising commercial, academic and regulatory initiatives. Although a pioneer and home to world leaders in the RE field, the post-80s low oil pricing era left the Israeli RE industry relatively dormant in comparison with its blossoming high-tech activity. (more…)
Monday, December 14th, 2009
CleanTechies catches up with Curt Robinson, executive director of the Geothermal Resources Council, for three quick questions:
CleanTechies: You’ve spoken at a number of conferences about the opportunities in international geothermal energy. What territories look most promising in 2010? What, in particular, is the outlook for China?
Curt Robinson: For 2010, we’ll see continuing interest in the US, Europe, Australia, and along the Pacific Ring of Fire. If the economy has a sustained recovery, we’ll see the capital markets opening up and supporting geothermal power development.
Thursday, December 10th, 2009
Dubai’s debt woes could have an impact on a key experiment in the renewable energy sector.
In late November, Dubai indicated that its state-controlled investment firm Dubai World needed to restructure $26 billion in debt, sending a shock through global markets.
Dubai is part of the United Arab Emirates, a federation of seven city-states ruled by hereditary clans. It is largely bankrolled by neighboring Abu Dhabi, which uses Dubai as the UAE business center. (more…)
Sunday, December 6th, 2009
Seambiotic, a Tel Aviv, Israel-based cleantech start-up developing and producing marine microalgae for the nutraceuticals and biofuel industries using flue gas from electric power plants, has announced that it has signed a License Agreement and a Joint Venture Agreement with affiliates of China Guodian Corporation, to establish a Chinese joint venture for the commercial cultivation of microalgae.
China Guodian is one of China’s largest power companies with over 100 power stations. The joint venture with Seambiotic will utilize Seambiotic’s innovative technology for the cultivation microalgae for use in the animal and fish foodstock and nutraceutical industries. The first commercial farm of 12 hectares is expected to cost $10 million, will be situated in Penglai, a city in Shandong Province, China.
Wednesday, September 30th, 2009
Thank billions in government funding for helping to lift clean technology investment in the third quarter, said the Cleantech Group and Deloitte in a report Wednesday.
The quarterly analysis reiterated that the recession has kicked but not killed investments in this sector, which remain down 42 percent from the third quarter of 2008. Biotech and IT combined receive less funding than clean tech, which continues its climb from the second quarter, the report noted.
“The two largest venture deals (Solyndra and Tesla Motors) and the largest IPO (A123Systems) this quarter were all recipients of U.S. government funding,” said Cleantech Group managing director Dallas Kachan in a statement.