Venture Capital Is Fueling More Clean Tech
Brief Summary
Andrew Chung discusses clean tech, venture capital growth, and the future of renewable energy with a focus on funding challenges and innovations.
Key points
- The Valley of Death in Clean Tech. Many renewable startups face a funding gap after initial success, known as the 'Valley of Death.'
- China's Commitment to Clean Tech. China pledges $80 billion over the next decade for sustainable technologies, outpacing U.S. investment.
- The Future of Renewable Energy. With advancements, renewable energy could significantly increase its share in global capacity.
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Episode highlights
- The Valley of Death in Clean TechMany renewable startups face a funding gap after initial success, known as the 'Valley of Death.'“They need upwards of $100 million or more.”4:25Mar 21, 2012
- China's Commitment to Clean TechChina pledges $80 billion over the next decade for sustainable technologies, outpacing U.S. investment.“China has clearly put a strong commitment behind investing in these types of technologies.”5:11Mar 21, 2012
- The Future of Renewable EnergyWith advancements, renewable energy could significantly increase its share in global capacity.“We're getting close to that magic dollar per watt number.”15:22Mar 21, 2012
Tension
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