On Tuesday, December 4, 2012 in Palo Alto at SAP, SVForum presented “Energy Innovation: Cleantech 2.0 – New Shade of Green.” Eric Wesoff of Greentech Media moderated panelists Drew Clark of IBM, Jai Das of SAP Ventures, Mark Perutz of DBL Investors and Bill Reichert of Garage Technology Ventures. They discussed the possible revival of cleantech. Venture capital is declining due to capital-intensive investments, distant ROIs, fading public interest and shifting government policies. New plays are in low hanging fruit like building energy efficiency and cheaper lighting. One Israeli startup is developing smart grid resilience ideas like organizing lithium batteries into Wide Area Network Storage (WANS) in a sort of power cloud ™. Building a power system that recover from any disaster could be attractive to businesses, governments and individuals.
Copyright 2012 DJ Cline All rights reserved.