"Quiet investing" going on in renewable energy.

[skids]

Month plus old article, but worth the read, as it identifies who many of the players are:

http://www.iht.com/articles/2005/06/22/business/venture.php

THURSDAY, JUNE 23, 2005

<...>

This is an area where we've been seeing a lot of quiet investing going on," said Mark Heesen, president of the National Venture Capital Association. "People are saying so far it's more talk than action, but I think there's been a lot of sub rosa action."

This month, two of the area's top firms - Kleiner, Perkins, Caufield & Byers and Mohr Davidow Ventures - made large investments in solar energy companies. One, Miasole, based in San Jose, brought in $16 million in a fund-raising round led by Kleiner Perkins. The other, Nanosolar of Palo Alto, raised $20 million from investors led by Mohr Davidow. And on Tuesday, Energy Innovations, a company building advanced solar panels that use mirrors to track the sun and capture energy on storage cells, announced that it had raised $16.5 million in venture capital in a round also led by Mohr Davidow.

[phantom power]

1. As with any great change, fortunes will be won and lost.

There will be at least some people who get very, very rich from astute/lucky investments in alternative energy sources. If only I could remember where I put my magic 8-ball, my fortune would be assured!

[Booster]

2. I don't have a link, but I read in a thread on DU that The Bushies

just invested heavily in alternate energy, so that should tell us all something.

[phantom power]

3. The beauty of being rich: you can play all sides.

[medeak]

4. yes... I recall it was solar? n/t

[Booster]

5. Yes, it was solar, but have no idea what company. Would be

interesting to find out which company and then watch it for awhile.

[skids]

6. Nanosolar is working for the military...

...to build solar-panel tent fabric.

[Booster]

7. I did find that company being touted by financial articles, but did

not find a symbol for the company under MSN money or anyplace else. The also mentioned Energy Innovations and I couldn't find that one either, but will keep looking for both. I have a feeling you're right about Nanosolar though - that would make sense the Bushies' would want to invest in that. Thanks for the info.