Clean Tech Investor Summit Draws Investors, Entrepreneurs
Summit scheduled for Feb. 1-2, 2006, in Rancho Mirage, CA, brings together venture and private equity investors, corporate executives, entrepreneurs and other industry players.
January 24, 2006
Clean-technologists and financial backers will gather next week at the Clean Tech Investor Summit on February 1-2, 2006, in Rancho Mirage, CA, to discuss the latest trends and developments in the clean-tech sector.
"Investors and corporations see the business case for clean tech," said Ron Pernick, principal of Clean Edge, a conference co-host. "The Summit presents a forum for high-level dialogue and making informed decisions about where real opportunities exist."
This is the second annual Clean Tech Investor Summit (not to be confused with the Clean Tech Venture Forum). The first annual Summit, in 2005, attracted over 300 attendees.
Presentations and panels will discuss emerging technologies, including solar and wind power, energy efficiency and smart grid, clean water, and advanced materials. The organizers promise to address the opportunities and challenges facing clean tech, including how companies are embracing clean tech, the outlook for venture capital investment, and how climate change and peak oil issues are changing the economic and political landscape.
Clean technologies getting financial traction
"The technologies have matured, and investors are realizing that there are huge market opportunities," said Ira Ehrenpreis, conference chairman and general partner at Technology Partners. "The time is right for clean tech, and the companies, organizations and individuals participating in the Summit are leading that charge."
Klaus Toepfer, Executive Director of the United Nations Environment Program, recently put a figure on the growth of clean tech investments. He says the financial institutions working with UNEP predict the market providing finance for clean energy technologies could reach US$1.9 trillion by 2020. Their predictions are detailed in a UN report to be publicly available later this spring.
"There is no question that 2005 will be seen as the watershed when the mainstream banking, insurance and investment worlds realized the scale of the commercial opportunities unfolding in the new carbon, clean-tech and sustainable natural resource markets and, also, the legal risks of not being a leader in this area," Toepfer explained.
SunPower CEO keynote to be webcast
Thomas Werner, CEO of SunPower Corporation, will present a keynote address at the event. Werner’s presentation will be simultaneously webcast at www.cleanedge.com on Thursday, February 2 at 11:15 AM Pacific Time.
Silicon Valley-based SunPower signed a big contract with PowerLight last year, just before SunPower's $139 million IPO (NASDAQ:SPWR). The supply deal is for delivery of $330 million in high-efficiency solar panels over three years. PowerLight, as you may recall, built the world's largest photovoltaic array -- the $60 million, 10 MW Bavaria Solarpark that uses 57,600 solar panels -- declared 2006 Renewable Project of the Year in this month's Power Engineering. As PowerLight President Dan Shugar explained in a release, "we're focused on delivering maximum value to our customers and SunPower's technology fits perfectly with our application platforms."
Registration fee $1495.
Register by calling 516-765-9005, ext. 21 or visit www.ibfconferences.com.
Hosted by Clean Edge and IBF