The New money in clean tech
May 1, 2008 at 11:57 am (Green Finance, Green Niche, Green Technology)
V.C.’s Clean Energy Investments - National Business News - Portfolio.com
“You start to see this rise in enormous appetite for energy, and someone’s got to feed that mouth,” says Erik Straser, general partner at Mohr Davidow Ventures, a V.C. firm that has invested more than $400 million in clean energy ventures.
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“The primary difference between what is happening now and what has
happened in prior market cycles is it’s now economically feasible and
desirable to pursue these types of solutions,” says John Balbach,
managing partner at Cleantech Group, a network of clean technology
investors and companies. “If the outcome is less pollution or reduced
carbon or some impact on climate change, that can benefit in a positive
way, but the primary [concern] is return on investment.”
