Green grows up

CLEAN ENERGY

David Gudgin of Albion Ventures on why to invest in clean energy themes.

In the clean energy world 12 years has been a long time and a busy one. Talk to firms about investment opportunities back in 1998 and you were likely to meet well-meaning chaps, visionaries best described as deep green, who believed in what they were doing and were battling hard to get it done. Their enthusiasm, hard work and dedication were compelling, but the investment case was not. The technologies had not been proven, they were still experimenting with materials and design of clean energy generators, like wind turbines, in order that they maximised efficiency. Governments offe...