As the worldwide demand for energy increases, and oil prices rise, many venture capital firms have begun to focus on the alternative energy sector.

In fact, in June 2005, Pasadena, CA-based solar company, Energy Innovations, raised $16.5 million in venture capital led by Mohr Davidow Ventures. At around the same time, Nanosolar raised $20 million (also led by Mohr Davidow Ventures), solar startup HelioVolt, based in Austin, TX, secured an $8 million investment from New Enterprise Associates, and Kleiner, Perkins, Caufield & Byers led a $16 million investment in Miasolé, a thin-film solar firm.

The current focus on energy investments, and particularly “clean energy”, will hopefully be a true win-win; investors will make a good return on their investments and our environment will be positively impacted. In fact, The California Clean Energy Fund (CalCEF) was recently launched to “make attractive investments, but also to provide an engine of economic growth while reducing California’s dependence on fossil fuels.” Soon after this $30 million fund was launched, it announced agreements with three leading venture capital firms: Nth Power, Draper Fisher Jurvetson and VantagePoint Venture Partners.

While some of the venture capital firms are

In the foreseeable future, energy and clean energy investments seem promising. Not only must alternatives to high oil and gas prices be combated, but nearly 20 states have already set goals for the percentage of energy sources that must come from renewable sources. As a result, there are many, many buyers for energy products; the challenge is for entrepreneurial companies to invent them.

Since its inception, Growthink Business Plan Development has developed over 200 business plans. Growthink clients have collectively raised over $750 million in financing, launched numerous new product and service lines and gained competitive advantage and market share. Growthink has become the firm of choice for venture capital firms, angel investors, corporations and entrepreneurs in the know. For more information please visit http://www.growthink.com or visit our venture capital placement site at Private Venture Capital.

• Oil Production Hurricane Rita


• The Things That Stay Important To Us...


• Democratic Party Values and Principles For Which We Stand


• Youve Come a Long Way, Baby?


• An Alternative to Nazism


• Bush Supports Home-Bred Terrorists


• I Choose Rightouseness


• The Only Choice


• Jeb Bush and Condoleezza Rice Republican Ticket


• Presidents Are not Perfect.


• Is Congressman Barney Frank a Tax Whore?


• Nuclear Radiation and Nuclear Power Accidents?


• Road Linking Afghan Cities Nears Completion


• No Child Allowed To Advance Game


• A New New Deal