Not Logged In Log In   Sign Up   Points Leaders
Follow Us    10:04 PM

GasBuddy News Article

55
votes
Private Equity Flees Clean Energy as Investment Falls: Energy

Bloomberg -- Private equity companies and venture capitalists including Draper Fisher Jurvetson and Braemar Energy Ventures reduced renewable-energy investment to the lowest since 2006 as once-promising companies failed or were sold at a loss.

Private equity and venture-capital investors provided $5.8 billion to solar, biofuel, wind and smart-grid startups worldwide last year, down 34 percent from 2011, according to an annual ranking by Bloomberg New Energy Finance.

The decline shows a wariness among investors who’ve been burned by losses, especially those who backed solar-panel manufacturers competing with Chinese companies.

Venture capitalists are finding it harder to take successful companies public to generate paydays that offset bad bets after clean energy shares sank for a third consecutive


Read the Full Article

Submitted Jan 15, 2013 By: bar1035
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Private Equity Flees Clean Energy as Investment Falls: Energy Back to Topics
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

Posts:24,330
Points:2,442,140
Joined:Nov 2008
Message Posted: Jan 18, 2013 5:52:03 AM

it may not be the most economically feasible, but it may be environmentally the only thing that keeps humans on this planet long term.
jrs4125
Champion Author Indiana

Posts:4,993
Points:1,377,365
Joined:Sep 2011
Message Posted: Jan 16, 2013 8:52:12 AM

Short term they my be right..... Long term doubtful.
SkooterG
Champion Author Phoenix

Posts:4,018
Points:1,113,850
Joined:May 2012
Message Posted: Jan 16, 2013 3:48:50 AM

As much as I would like renewable energy, it just doesn't seem to be economically viable.
us4usa
Champion Author Missouri

Posts:7,179
Points:1,594,920
Joined:May 2008
Message Posted: Jan 16, 2013 12:53:39 AM

Focus2:"The decline shows a wariness among investors who’ve been burned by losses, especially those who backed solar-panel manufacturers competing with Chinese companies."
I have said it before and will say it again, We can't compete against Chinese companies that are subsidized by their government. There is no fair marketing and American companies can't sell when the market buys from China that dumps panels below America's cost. That's why companies start up then close or move to China. can't fight them, join them."

"We can't compete against Chinese companies that are subsidized by their government."

As if Uncle Sam didn't subsidize our companies???
Vette1967
Champion Author Albany

Posts:9,350
Points:2,089,145
Joined:Jun 2009
Message Posted: Jan 16, 2013 12:33:54 AM

There's got to be a way to compete with China. What ever happen to "good old American know how"?
MN1
Champion Author Twin Cities

Posts:6,598
Points:1,433,405
Joined:Jun 2011
Message Posted: Jan 16, 2013 12:24:19 AM

Too bad.
Focus2
Champion Author Illinois

Posts:8,172
Points:2,143,620
Joined:Mar 2006
Message Posted: Jan 16, 2013 12:19:01 AM

The decline shows a wariness among investors who’ve been burned by losses, especially those who backed solar-panel manufacturers competing with Chinese companies."
I have said it before and will say it again, We can't compete against Chinese companies that are subsidized by their government. There is no fair marketing and American companies can't sell when the market buys from China that dumps panels below America's cost. That's why companies start up then close or move to China. Can't fight them, join them.
crreed1
Champion Author West Virginia

Posts:5,156
Points:3,248,860
Joined:May 2005
Message Posted: Jan 16, 2013 12:17:55 AM

we all knew that
rahcat
Champion Author Grand Rapids

Posts:6,130
Points:1,500,225
Joined:Jan 2010
Message Posted: Jan 16, 2013 12:15:58 AM

Why am I not surprised.
pa79th
Champion Author Pennsylvania

Posts:5,158
Points:2,006,225
Joined:Jun 2007
Message Posted: Jan 16, 2013 12:15:50 AM

Electric, solar, wind, wave are NOT the answer. Natural gas!
wshokie12
Champion Author Winston-Salem

Posts:3,505
Points:949,215
Joined:Aug 2012
Message Posted: Jan 16, 2013 12:15:21 AM

It takes money to be green.
tedjm1
Champion Author New York

Posts:5,609
Points:801,050
Joined:Dec 2006
Message Posted: Jan 16, 2013 12:15:19 AM

US unable to compete with foreign companies. They might if they created quality worksmanship and items that did not break down very quickly.
floridakeys
Champion Author Columbus

Posts:1,051
Points:370,855
Joined:Jan 2011
Message Posted: Jan 16, 2013 12:14:04 AM

And this is a surprise ? There never was any business here. Government garentead loans which is the taxpayer,when these company's went under the taxpayer took a bath.However not before many of these company's gave money back to the president and the democrats. Funny how that works.
Tsunamiron
Champion Author Jacksonville

Posts:4,686
Points:1,360,450
Joined:Mar 2011
Message Posted: Jan 16, 2013 12:12:30 AM

It is going to take years.
unicornpmb
Champion Author Buffalo

Posts:11,879
Points:2,466,870
Joined:Sep 2005
Message Posted: Jan 16, 2013 12:11:57 AM

Not unexpected.
bvrbill
Champion Author Eugene

Posts:8,436
Points:1,354,125
Joined:Jul 2011
Message Posted: Jan 16, 2013 12:11:26 AM

No money to be made.
UpSol7
Champion Author Augusta

Posts:2,460
Points:1,456,000
Joined:Sep 2008
Message Posted: Jan 16, 2013 12:10:42 AM

Private equity still investing nearly 6 billion
madison8359
Champion Author Cleveland

Posts:18,102
Points:2,428,880
Joined:Apr 2008
Message Posted: Jan 16, 2013 12:09:50 AM

Hard to make money in these areas.
medic319
All-Star Author Akron

Posts:756
Points:671,900
Joined:Mar 2012
Message Posted: Jan 16, 2013 12:09:23 AM

Not a huge surprise. I am a fan of solar energy, for certain things. I'd love to have a big PV system at home, but I'll wait a little while to invest in one. The technology is developing rapidly, so a system I install this year will be obsolete in two years.
VanIsleLes
All-Star Author British Columbia

Posts:898
Points:332,895
Joined:Jun 2012
Message Posted: Jan 16, 2013 12:07:41 AM

Hmm
jdevlin
All-Star Author Ontario

Posts:916
Points:2,121,560
Joined:Sep 2008
Message Posted: Jan 16, 2013 12:06:06 AM

When it cost more to produce than it is sold for, it is no wonder.
ajrn
Champion Author Toledo

Posts:16,930
Points:3,727,645
Joined:Nov 2003
Message Posted: Jan 16, 2013 12:05:35 AM

green energy=red ink...

it speaks to the failure of government to understand market economics.
PrinceLH
Champion Author Ontario

Posts:6,104
Points:1,351,320
Joined:Jun 2011
Message Posted: Jan 16, 2013 12:03:45 AM

Hummm............
Doomsday64
All-Star Author Austin

Posts:905
Points:377,750
Joined:Apr 2011
Message Posted: Jan 16, 2013 12:03:22 AM

No big surprise...
cheaper0ON
Champion Author Ontario

Posts:4,320
Points:1,234,705
Joined:Jan 2012
Message Posted: Jan 16, 2013 12:03:14 AM

Ok.
splitrman
Champion Author Victoria

Posts:4,382
Points:1,120,020
Joined:Jun 2012
Message Posted: Jan 16, 2013 12:02:36 AM

They bailed as the tax breaks were ending.
Lizzylou
Champion Author Stockton

Posts:8,818
Points:2,357,285
Joined:Oct 2005
Message Posted: Jan 16, 2013 12:02:02 AM

AGREE not a surprise!
DCbeachbum
Champion Author South Carolina

Posts:3,701
Points:1,616,570
Joined:May 2010
Message Posted: Jan 15, 2013 11:56:56 PM

This shows how the free market works. Venture-Capitalist's and Investors will cut their losses at times. And will look to change or redefine a product or look for other projects.
MrPony
All-Star Author North Carolina

Posts:812
Points:1,045,485
Joined:Jul 2004
Message Posted: Jan 15, 2013 11:56:13 PM

We don't need private equity...we can have ObamaGas!
s6sputnik
Champion Author Austin

Posts:7,837
Points:2,033,450
Joined:Jun 2007
Message Posted: Jan 15, 2013 11:55:27 PM

They will be back!
BREW9
Champion Author Tampa

Posts:4,257
Points:3,725,085
Joined:Jun 2004
Message Posted: Jan 15, 2013 11:55:02 PM

ok
Rageagainsttm
Champion Author Tampa

Posts:11,479
Points:2,691,105
Joined:Jul 2007
Message Posted: Jan 15, 2013 11:47:38 PM

Should have known.
SparkieMi
Champion Author Kalamazoo

Posts:6,450
Points:1,375,975
Joined:Sep 2011
Message Posted: Jan 15, 2013 11:45:35 PM

No big surprise...
cheap59
Champion Author Michigan

Posts:5,243
Points:1,644,720
Joined:May 2010
Message Posted: Jan 15, 2013 11:43:43 PM

They have to put their money where it makes money.
REKEY
Champion Author South Carolina

Posts:11,917
Points:2,502,325
Joined:May 2008
Message Posted: Jan 15, 2013 11:43:12 PM

Didn't Romney run a private venture capitalist company?
melvindale
Champion Author Michigan

Posts:1,438
Points:351,230
Joined:Jun 2011
Message Posted: Jan 15, 2013 11:36:25 PM

Really? Clean energy should still be doing very well.
us4usa
Champion Author Missouri

Posts:7,179
Points:1,594,920
Joined:May 2008
Message Posted: Jan 15, 2013 11:36:10 PM

It's hard to get investors to bet on a dead horse...
SoutheastdannyB
All-Star Author Grand Rapids

Posts:590
Points:711,730
Joined:Jul 2007
Message Posted: Jan 15, 2013 11:36:07 PM

hmm.
Buddy2264
Champion Author Tampa

Posts:15,130
Points:3,200,245
Joined:Oct 2005
Message Posted: Jan 15, 2013 11:35:17 PM

It takes a long time to convince people to change. Big oil just tries to keep pulling us back, while continuing to raise the prices.
BCM1
Champion Author Pennsylvania

Posts:1,944
Points:1,228,895
Joined:Jun 2007
Message Posted: Jan 15, 2013 11:33:46 PM

You can't make money, so private investment goes elsewhere.
Mikeyl
Champion Author Cleveland

Posts:9,587
Points:1,985,665
Joined:Aug 2004
Message Posted: Jan 15, 2013 11:33:46 PM

It's not so "green" on the other side, is it?

It's really about the "OTHER" green...
tutaw
Champion Author Kentucky

Posts:6,590
Points:1,631,485
Joined:Sep 2008
Message Posted: Jan 15, 2013 11:31:12 PM

flee away
geoutpb
Champion Author Midland Odessa

Posts:7,776
Points:1,816,385
Joined:Dec 2006
Message Posted: Jan 15, 2013 11:24:27 PM

No one wants to be the first to market in a very tough market.
wayoung56
Champion Author Alabama

Posts:6,046
Points:1,631,460
Joined:Oct 2006
Message Posted: Jan 15, 2013 11:20:42 PM

Hmmm...
OCTAPA
Champion Author Toronto

Posts:1,404
Points:1,148,250
Joined:May 2011
Message Posted: Jan 15, 2013 11:17:32 PM

ok
UpSol7
Champion Author Augusta

Posts:2,460
Points:1,456,000
Joined:Sep 2008
Message Posted: Jan 15, 2013 11:16:43 PM

That's still almost 6 billion being privately invested
wcp3rd
All-Star Author New Jersey

Posts:780
Points:888,220
Joined:Mar 2012
Message Posted: Jan 15, 2013 11:14:54 PM

OK
efwosu
Veteran Author Columbus

Posts:390
Points:145,535
Joined:Mar 2011
Message Posted: Jan 15, 2013 11:14:12 PM

There sure are a lot of libtard comments here about this article, too bad you guys vote too.
goodbuy
Champion Author Michigan

Posts:10,799
Points:2,186,590
Joined:May 2005
Message Posted: Jan 15, 2013 11:14:12 PM

I don't feel sorry for them.
jamie12704
All-Star Author Minnesota

Posts:928
Points:210,680
Joined:Sep 2012
Message Posted: Jan 15, 2013 11:04:53 PM

to bad
Lukus
Champion Author Halifax

Posts:11,499
Points:2,461,665
Joined:Nov 2007
Message Posted: Jan 15, 2013 11:02:02 PM

ok
Post a reply Back to Topics