When the only source of capital to scale for cleantech companies was VC, the growth of cleantech was throttled. Many cleantech projects require billions to get to market and years to pay back. The only investors willing to take the risk were VCs. Few took the risk. They had more attractive markets to invest in – bigger returns for less capital in less time.
That’s changed, according to Nathaniel Bullard.
He wrote in Bloomberg Green that “The collective rise of clean energy technologies frees up significant early-stage capital to support new companies, unlocks orders of magnitude more long-term cash for financing assets, and has been a major factor in the re-emergence of cleantech investing.”
Megawatts & Negawatts 