Oct 18 2007
Solar and biofuel technologies have been the investment darlings of the past two years in the cleantech field. But now alternative power and energy storage technologies - including advanced batteries, supercapacitors, and fuel cells, addressing a $10 billion global market - are entering the limelight: These technologies captured $539 million of venture capital investment last year, up 142% over 2005. The new LR Power Intelligence service from Lux Research helps executives and investors track the innovation in this rapidly-changing field through primary research and insider knowledge.
"Energy storage technologies unlock the promise of renewable energy generation, cleaner-running vehicles, and more powerful consumer electronics devices," said Lux Research President Matthew M. Nordan, announcing the new service from the stage at the firm's Lux Executive Summit conference today - sold out to capacity at the Charles Hotel in Cambridge, MA. "This field is incredibly diverse, with technologies ranging from the high-efficiency lithium-ion batteries going into new hybrid electric drivetrains to compressed air energy storage technologies being deployed to time-shift wind power. Our new service continuously monitors the world's top innovators in the field, helping our corporate and financial clients make effective partnership and investment decisions."