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Is there money to be made in Cleantech?
Lots of investors look at Google, Apple and Tesla as good investments.
But where are these companies investing?
You guessed it – they’re invested in cleantech.
In June 2015, Google announced an investment to convert a coal-fired power plant into a data center completely powered by renewable energy. Apple has partnered with First Solar to create a 130 megawatt facility. And the Tesla backers have closed a $400 million fund to invest in cleantech and socially beneficial companies.
Investing in cleantech is not just a trend in the tech industry.
Goldman Sachs is investing $500 million into cleantech companies. And the US Department of Energy has a Clean Energy Investment Initiative that is working towards $2 billion in investments. And many billions more are being pumped into cleantech every year.
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