Once solar technology reaches "grid parity" in price with other electricity generators, however, "there will be virtually limitless growth potential," Ehrenpreis says. "We are targeting companies with novel technologies that ultimately lead to lower cost per watt than current traditional generation sources," he says, stressing that the company has invested in a diverse portfolio of clean energy sources. OTHER CLEAN-TECHNOLOGY capital firms have invested in technologies to improve the electrical grid and recycle expensive silicon used to make solar cells. At the same time, they are investing in companies that complement or replace currently operating coal-fired utilities, such as SkyFuel, Ausra, and eSolar.
by Jeff Johnson |
October 20, 2008