A San Francisco-based renewable energy fund, CleanPath Ventures, announced plans today to invest $800 million over a period of about five years into the development and construction of large-scale, solar photovoltaic projects. The company's chief executive and co-founder, Mike Cheney spoke at the Renewable Energy Finance Forum in New York, today revealing a goal to help bring more than 1,000 megawatts of clean energy to the U.S. A managing director with CleanPath Ventures, John Balbach (formerly a managing partner at The Cleantech Group) told TechCrunch in a phone interview on Tuesday: "We're in a new era in cleantech investment where it's less about innovation and more about financial solutions to put things in the ground at scale..."
Source: http://feedproxy.google.com/~r/Techcrunch/~3/3sJh1jlXP58/
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