{"id":242107,"date":"2010-01-28T12:19:15","date_gmt":"2010-01-28T17:19:15","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=5897"},"modified":"2010-01-28T12:19:15","modified_gmt":"2010-01-28T17:19:15","slug":"stoic-u-s-venture-investors-do-not-fear-chinese-cleantech-survey-finds","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/242107","title":{"rendered":"Stoic U.S. Venture Investors Do Not Fear Chinese Cleantech, Survey Finds"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/cleantech.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Cleantech\" \/><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.greenenergyreporter.com\/wp-content\/themes\/v1\/img\/cat\/funding.png\" width=\"8\" height=\"8\" alt=\"\" title=\"Funding\" \/><\/p>\n<p>According to a survey of 41 cleantech-focused venture funds by Thomson Reuters the United States remains, ahead of China,\u00a0overwhelmingly the best place to launch a clean tech business.<span id=\"more-5897\"><\/span><\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/idUSTRE60R01820100128?feedType=RSS&amp;feedName=GCA-GreenBusiness&amp;utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+reuters%2FUSgreenbusinessNews+%28News+%2F+US+%2F+Green+Business%29\" >Survey respondents<\/a>, all veteran early-stage investors, said the U.S. would remain the best cleantech market over the next five years, and 88 percent told Thomson Reuters that America would be the best place to base a cleantech business in the next five years.<\/p>\n<p>Far behind the U.S., in second best place is China. For\u00a016 percent of the polled investors, most of them California-based,\u00a0China represented the best cleantech market and 13 percent agreed it was the best place to locate a cleantech business.<\/p>\n<p>China, which has committed <a href=\"http:\/\/greenenergyreporter.com\/2009\/09\/the-mega-big-chinese-clean-tech-market-talk-about-opportunity\/\" >more than $200 billion<\/a> to develop its clean energy portfolio over the next two years, is becoming the &#8220;country to beat&#8221; in the cleantech race. The Obama administration <a href=\"http:\/\/greenenergyreporter.com\/2009\/10\/after-cap-and-trade-next-on-the-clean-energy-agenda-keeping-it-american\/\" >has repeatedly said <\/a>that it wants Silicon Valley not Shanghai to be the world&#8217;s cleantech capital.<\/p>\n<p>While the size of the Chinese market is pushing a lot of European and U.S. companies to set up shop there, the\u00a0reality is that contracts have until now largely gone to local companies that often license foreign technology.<\/p>\n<p>On the appeal of the U.S. market over the Chinese or even European ones, Robert Nelsen, co-founder and managing director of Arch Venture Partners, said:<\/p>\n<blockquote>\n<p>The world has absolutely no hope of making any substantial impact on global warming without major scientific breakthroughs, almost, all which will come from United States&#8217; innovation. China and Europe are doing well developing markets and applications, but we still own the fundamentals.<\/p>\n<\/blockquote>\n<p>In terms of investments venture capitalists told Reuters that they\u00a0plan to make up to 140 new investments in cleantech companies this year, a significant increase from the 117 investments made last year, according to a venture capital database maintained by Thomson Reuters.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/GreenEnergyReporter\/~4\/IHmkPkfmQEI\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a survey of 41 cleantech-focused venture funds by Thomson Reuters the United States remains, ahead of China,\u00a0overwhelmingly the best place to launch a clean tech business. Survey respondents, all veteran early-stage investors, said the U.S. would remain the best cleantech market over the next five years, and 88 percent told Thomson Reuters that [&hellip;]<\/p>\n","protected":false},"author":2814,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-242107","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/242107","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2814"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=242107"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/242107\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=242107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=242107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=242107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}