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Is so-called cleantech (alternative energy and related sectors) still the next big thing for American venture capitalists?
Dear EarthTalk: What’s the latest on the controversial Cape Wind project off Cape Cod in Massachusetts? — Mitchell Barstow, Bern, NC First proposed in 2001, the Cape Wind Project aims to put 130 wind turbines across 24 square miles of Horseshoe Shoal almost five miles offshore of Massachusetts’ Cape Cod to generate some 1,500 gigawatt hours of electricity per year from clean, renewable wind […]
Many venture capitalists seem to be banking on the so-called "clean tech" sector—start-ups committed to sustainable practices and products, embracing such industries as alternative energy generation and water purification. Today, the deals are flowing as both individual "angel" investors and well-established venture capital (VC) funds are vying for their piece of "clean tech."