Wednesday, April 04, 2007

Best Minds in Silicon Valley Switch from Dot-Coms to Energy

We are starting to see a large change in "mindshare" dedicated to figuring out our energy issues in America:

Venture capitalists in Silicon Valley have been searching for the next big thing in high-tech for years, but now many have switched to greener pursuits -- finding technology to help cut global warming.

Although commercial success could take years, venture capitalists are pouring cash into solar power, fuel cells, wind energy, biofuels, new lighting microchips, "smart" power grids, and other innovative energies.

"The best brains in the country are no longer working on the next pharmaceutical drug or the next Silicon Revolution. They want to work on energy," said Vinod Khosla, a top venture capitalists in Silicon Valley. (more at Reuters)

We will continue to update you on developments in energy around the globe. Where do you think we will see the biggest advance in energy technology? Solar? Wind? Post your thoughts in the comments below.

1 comment:

Joram said...

Does anyone have any companies they are following that are making some great advances in green technology? Anyone putting any investing money into play on their ideas?