solar PV

I am pleased to share with you an update on Applied Ventures as we celebrate our fund's fifth anniversary. Over these past five years, we have had the privilege of investing more than $100 million dollars in 27 companies, mostly in cleantech, making us one of the most active investors in the space.

The renewable energy sector, and the solar photovoltaics industry in particular, lost a great leader on Thursday, October 14. Hermann Scheer, winner of the Alternative Nobel Prize, and mentor and champion of the solar photovoltaics industry, died unexpectedly in Berlin at the age of 66.Read more

I recently wrote a piece for EnergyBiz Magazine on advancing solar manufacturing technology to enable solar photovoltaic (PV) technology to become a significant part of the global energy portfolio by lowering the cost-per-watt. The following is a brief excerpt from the article.

The Spanish government has recently brought forward rather contradictory policy developments concerning renewable energy sources (RES). On the one hand, the Industry Ministry has presented the country’s National Renewable Energy Action Plan. It foresees that, by 2020, 22.7% of the country’s final energy consumption will come from renewable sources. This is great news, considering that Spain’s RES European Union (EU) target is 20%. On the other hand, the government announced soon after that it would introduce retroactive cuts in the feed-in tariff program for the photovoltaic (PV) industry in the context of the austerity measures the country is currently undergoing. Read more

The Government of India had announced the launch of Jawaharlal Nehru National Solar Mission and the first phase of the mission is under implementation. One of the key targets in the first phase is to have 1,000MW of grid connected photovoltaics (PV) by 2013.
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