Betting on Green is an article in the February 11, 2008 issue of The Wall Street Journal that provides a summary of the current state of venture capital investing in clean-energy enterprises. Overall, the article discusses that while there has been increasing venture capital investment in this sector it may take time before investors see returns as a number of these companies are involved in areas that require significant capital expenditures and time to successfully commercialize. Nevertheless, venture capitalists are continuing to invest in this sector, as illustrated by the following article excerpt:
Clean energy represents "the biggest set of new market opportunities to come along in a long time," says Ken Lawler, a partner at Battery Ventures in Menlo Park, Calif., which is devoting 20% of its investments to clean-tech companies. "It’s something you have to be a part of."
The article also highlights some successes and setbacks faced by companies and investors in three clean-energy sectors – demand-response, solar, and biofuels. For more information:
- Betting on Green (The Wall Street Journal, February 11, 2008)
- Environmental Capital (WSJ.com blog)
- The Wall Street Journal: Green-related articles