Updated: 11/24/2005; 11:23:18 PM.

Future energy
Renewables, fuel cells, hydrogen, and efficiency


daily link  Wednesday, June 22, 2005


Green Tinge Is Attracting Seed Money to Ventures: NYT update on venture capital investments in alternative energy.  "Clean tech represented a 1.2 percent share of the total dollar amount of venture capital invested in 2000. In 2004, the $520 million that venture capitalists invested accounted for a 2.6 percent share of the overall venture pie. ..

This month two of the area's top firms, Kleiner, Perkins, Caufield & Byers and Mohr Davidow Ventures, made large investments in solar energy companies. One, Miasolé, based in San Jose, raised $16 million in a fund-raising round led by Kleiner Perkins. The other, Nanosolar of Palo Alto, raised $20 million from investors led by Mohr Davidow. On Tuesday, Energy Innovations, a company building advanced solar panels that use mirrors to track the sun and capture energy on storage cells, announced that it raised $16.5 million in venture capital in a round also led by Mohr Davidow. .."

  9:16:24 PM  permalink  

 
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Copyright 2005 © Ken Novak.
Last update: 11/24/2005; 11:23:18 PM.