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July 6, 2009

The State of Cleantech Venture Capital Investment

New York, United States [RenewableEnergyWorld.com]

Venture Investments in cleantech have dropped 44 percent since their high in the second quarter of 2008. Even though investors are being more cautious, there are still plenty of opportunities out there for early stage companies looking to get funded. In this podcast, we'll hear from some prominent venture capitalists about the state of the industry.

Click to play podcast

Bruce Pasternack, a venture partner with CMEA Capital and Peter Korn, a venture attorney with Sonnenschein, Nath and Rosenthal ask: “Are these are the worst of times for venture capital?”

Ira Ehrenpreis, a general partner with Technology Partners, talks about why these are actually the best of times for venture capital as it relates to cleantech.

Stephan Dolezalek, managing director at Vantage Point Venture Partners, describes some of the challenges in bringing companies public.

And Ethan Zindler, head of North American research for New Energy Finance, explains why the political environment is creating the perfect conditions for the growth of early-stage cleantech companies.

This panel was recorded at the Renewable Energy Finance Forum in New York City.

Inside Renewable Energy is a weekly audio news program featuring stories and interviews on all the latest developments in the renewable energy industries.

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Anonymous
July 8, 2009
Massachusetts offers boutique banking .This is a state where the governor has cut funds to cities and towns .Cities like Brocton and New Bedford are in the middle of gand wars while the state continues with its commercial wind turbine project with former "Big Dig contractors at the helm.While police,fire and municipal workers are laid off stimulas funds are being diverted to the turbine projects at all cost even the cost of families in Massachusetts.The governor passed a 1.7 billion dollar energy funf bill last year on the backs of the blue collar workers.
The Wind Energy Siting Reform Act is about to unite every NIMBY in the state together in a class action suit over the use of state parks,wetlands ,open spaces and property rights ! Lets get a list of investment banks in Massachusetts !
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Anonymous
July 8, 2009
Why did T. Boone abandon his West Texas wind farm?

NIMBY's have raised valid questions that have been incorporated in wind turbine siting regulations...and these are still being modified.

The interplay of various economic development, historic preservation, 'wilderness' and other special purpose zones is restricting where wind farms can be put; as is the realization that 'big wind' has been vastly oversold by the promoters who downplayed associated costs, i.e. grid connects, access roads, bat kills, etc.
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