"Pike Research forecasts that the market for plug-in hybrid and battery electric passenger cars and light duty trucks will grow at a compound annual growth rate (CAGR) of 106% between 2010 and 2015, resulting in sales of more than 3.24 million vehicles during that period."
venture capitalists seem to be more interested in priming the pipeline for an initial public offering or acquisition that will produce a big pay day than in financing what green tech investor Vinod Khosla calls "science experiments.
"The project will will see a network of ChargePoint Networked Charging Stations for electric vehicles installed throughout three California metro regions: Los Angeles, Sacramento and the San Jose/San Francisco Bay Area."
A new report* by the independent business analyst predicts that investment in the cleantech sector in 2010 will exceed that in 2009 by a healthy margin of as much as 35%, despite significant current uncertainty in US and EU carbon markets.
Despite the recession, the clean techology sector is projected to continue growing over the next decade. The study’s authors project the world will spend $325.9 billion on alternative energy by 2020.
In terms of policy, Immelt said China is "linearly focused on energy" with policies aimed at job creation. By contrast, the policy picture in the U.S. is uncertain in regards to renewable energy mandates or regulations to cut carbon regulations.
The formula for developing clean-energy businesses is to match technical innovations with large-scale deployments, Immelt said.
we have seen many companies trying to take on the energy management challenge from the user’s end. Home energy management products that control appliances at consumers’ homes to save energy, reduce cost and increase reliability and transparency is an integral part of smart-grid strategy.
2. Create a shared vision for competitiveness. If South Korea plans to spend 1 percent of its GDP on CleanTech research, why can't we spend 3 percent? (And why can't we agree, when allocating tax dollars, that our national security is tied to economic strength as much as it is to military might?)
"The station will enable users to refill their clean vehicles without the requirement of hydrogen storage system. During daytime the hydrogen station will export renewable electricity to the grid while remaining energy neutral."
Founder @ Dearing Group LLC.
George can be reached via email at george@dearinggroup.com or on Twitter, and Facebook Subscribe to this site via RSS here.
