You may have missed this tidbit amid all the recent market gloom: Venture investments in cleantech hit a record $2 billion in the second quarter. From solar to biofuels, alternative energy deals are getting cut faster than a reality TV show with no commercial breaks.
Today, I thought I'd bring your attention to two key announcements by public cleantech companies.
While more mundane than some other green technologies, "smart meters" are smokin'. These networked devices allow utilities to remotely monitor electricity usage in real time, predict outages, and modify pricing structures to encourage conservation at times of peak demand. Duke Energy
Itron's smaller competitor, Echelon
Regardless of how the Pickens Plan fares here in the U.S., wind power is taking China by storm. That's led A-Power Energy Generation Systems
Today, A-Power announced a plan to build an 800-megawatt facility in Inner Mongolia, one of the windiest parts of China. Around 2.1 gigawatts' worth of wind farms have been approved in the area surrounding the proposed facility, so A-Power should have no trouble peddling its wares.
I don't get to write about wind too often, given the lack of publicly traded pure plays. American Superconductor