NREL

Cleantech-Focused Innovation Organizations: More Money, More Resources, Faster Time To Market

Energy innovation is both time- and capital-intensive and heavily regulated. Because investors tend to be risk-averse when it comes to technological development, cleantech startups face a broad array of challenges that can impede their technology from making it to the marketplace. According to one prominent venture capitalist in the energy space, “If I have to put in $30 million to find out if the technology will work, it’s a no-go.”