Mintz Levin is proud to be a part of the Clean Edge 2014 Clean Energy Trends Report. The annual report, now in its 13th year, provides substantive data analysis of happenings in the cleantech marketplace and insights into issues which will be impactful in the near future. Our attorneys were involved in dozens of energy technology transactions last year, and helped our clients with myriad other issues. Through this work we are aware of emerging trends across the industry, and we commend Clean Edge for the depth of their research and the clarity with which they present the results of their extensive efforts. Among the highlights of the report:
- In 2013, China, Japan, and the United States reached record levels of new solar deployment, leading to double digit growth rates in solar power. Clean Edge projects that by 2021, global cumulative installed solar PV capacity will reach 715.8 GW, surpassing wind power’s projected 697.3 GW in that year.
- While 2013 experienced a further decline in venture capital as a source of clean-tech funding, the top VC deals encompassed a diverse range of clean-tech sectors including transportation and web-based clean tech.
- Rather than countries, it was cities and metropolitan areas that really took the lead on energy infrastructure issues in 2013. Policy changes at the municipal level surpassed those on the national level, and cities throughout the world are quickly becoming leaders in the climate change sphere.
To read the full Clean Energy Trends Report, please click here.