Understanding the Tech behind the CleanTech
CleanTech has been the hot venue for new venture capital investments for a couple years now as it offers great potential returns, revolutions in innovation and immense social benefits. Energy & Fuel is the by far the largest sector and it incorporates a significant amount of technology behind it so today I am looking at it from the VC review process. How big is the industry? "Biofuels (global production and wholesale pricing of ethanol and biodiesel) reached $25.4 billion in 2007 and are projected to grow to $81.1 billion by 2017 ." Clean Energy Trends 2008 Clean Edge Inc. 2008 After all, CleanTech, just like any other industry for investment needs to undergo comprehensive due diligence to vet the deal. Here is an overview of CleanTech with an eye towards the tech behind the energy and what to look for: Energy is a focal point as it addresses alternative fuels as well as storage (batteries, etc) and it is a potential world changer. We wary of any technolo