Green field investing in clean technology
Energy alternatives are no longer in the realm of `soft choices'. Instead investing in green energy is the next great playfield. Recently, an alum venture capitalist, an entrepreneur, and an industry professional got together at the Startup Forum organised by the Wadhwani Centre for Entrepreneurship Development (WCED) at the Indian School of Business (ISB) to discuss the challenges of starting out in this segment. Green investing is becoming a green pasture for entrepreneurs in India. According to Solar India Online, in the next 10 years India will require at least an additional 10,000 MW of capacity. As an acute energy scarcity slowly affects India's industrial growth and economic progress, sustainable renewable energy is projected as the vital link to usher in the country to the next phase of growth.
[This article has been reproduced with permission from the Indian School of Business, India]