Posts tagged ‘Cleantech Group’
Since 2002, the Cleantech Group has brought together numerous premier events for entrepreneurs, investors, enterprise CEOs, policy-makers and other global forerunners of the clean technology sector.
They will be holding their annual flagship West Coast Cleantech Forum in San Francisco from March 14th to 16th. The region’s most important cleantech event of the year will be covering the innovations in information technology that are providing deeper insights into cleantech ROI and impact – and how the ability to measure and analyze performance will allow us to take cleantech to scale around the world.
The convergence of cleantech and information technology is ushering in a truly new era in clean technology, enabling faster global deployments, greater scale, and more precise measurement of impact than ever before. Now, across all major sectors of the clean technology economy, the ability to collect, communicate, and analyze vast new streams of data is opening up opportunities for new technologies to come to market faster than ever before and offering decision makers more accurate, transparent insight into the effectiveness of cleantech deployments. Energy, water, transportation, waste, and agriculture, are all being reshaped by information technology solutions that are allowing for the fundamental acceleration of global cleantech adoption.
Cleantech Forum San Francisco is the only clean technology conference that will unite the world’s leading corporate executives, investors, startups, and policy makers to explore the expanding opportunities and critical challenges at the cleantech and IT nexus.
The Cleantech Forum San Francisco will you get the insights and market intelligence to build a solid strategy and meet the entrepreneurs and global partners to put your plans into practice.
Cleantech venture continued it’s recovery in Q3 of 2009. The Q3 2009 total is up a further 10 percent compared to the previous quarter but down 42 percent compared to Q3 of 2008. Not only has the sector maintained the momentum it picked up in the second fiscal quarter of this year, it has emerged as the No. 1 sector in the U.S. venture investing overall. According to Cleantech Group – 27 percent of venture capital funds invested in the second quarter of 2009 went to cleantech companies – up from 3 percent at the beginning of 2004.
The greater part of investments (61 percent) were directed to companies that are currently shipping products – compared to just 37 percent for the same period in 2008. According to Eric Wesoff’s (Greentech Media) tally, venture capital investments totaled $1.9 billion in 112 deals. Of that, solar, biofuels and other fuels made up nearly $1.1 billion and 46 deals – once again dominating the scene.
“Continuing growth in cleantech investment in the third quarter reflects investor confidence in the commercialization of clean technologies,” says Joseph A. Muscat, Ernst & Young Americas director of cleantech. “The diversity in this quarter’s investment activity, in terms of the technologies receiving investment and the participating investors, illustrate the potential to create value through the development of a low-carbon economy.”
To read more about the rise in cleantech investments, click here.