02 Mar '12, 3pm

Legendary Investors Step Up Investments in Clean, Renewable Energy

The battle to extend, even expand, federal government support for renewable, clean energy resource development as opposed to continuing to favor fossil fuels is shaping up to be a key political issue distinguishing Democratic and Republican platforms in the run-up to this year’s elections. Signs that private sector investors of various stripes are willing to invest in renewable energy projects are being seen even as expiration of federal subsidies and other incentives for wind, solar and other clean energy resources threatens fast-growing industries sure to be key economic drivers in coming decades, however. On Feb. 29, residential solar energy systems crowdsourcing pioneer SolarCity announced that legendary investor George Soros’s recently launched clean energy development fund, Silver Lake Kraftwerk, and Valor Equity Partners co-led the raising of $81 million in private ...

Full article: http://cleantechnica.com/2012/03/02/legendary-investors-s...

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