Saturday, 15 August 2009
Little Green Dynamos
The July 27, 2009 issue of Business Week (BW) features a list of 25 young companies that are shaping the alternative energy landscape. From Cambridge, MA’s Greenpoint Energy to Vancouver’s Clean Current Power Systems, these startups are selling products and services in the Green Cars, BioFuels, Hydro, Solar, Smart Grids, Batteries, and other industries which either are just emerging or being vastly reshaped.
Despite the current Great Recession and constrained investing climate, the entrepreneurs behind these companies are able to obtain venture backing (which goes beyond VC firms to include the U.S. Energy Department and
major corporations like Chevron and Google) and clients willing to take risks (a supplementary article in the same BW issue offers tips on getting investors- or being one – in such ventures). As such, they may provide insights to students in Tufts’ engineering and entrepreneurship programs who are pursuing opportunities in alternative energies.