August 13, 2006

US: Energy Efficiency Looks Sexier

Cleantech Venture Network: Venture investments in the niche more than triple.
August 10, 2006
Venture capital investment in energy efficiency technologies more than tripled in the second quarter year-over-year, according to a report released Thursday by the Cleantech Venture Network.
“Energy efficiency is a sleeping giant,” said Robert Wilder, CEO of WilderShares, which manages two clean-energy indices. “It doesn’t have the sexy allure of solar power or huge wind. But we have Saudi Arabia-sized oil reserves under our feet in America through energy efficiency.”