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Home > News > Cleantech: Silicon Valley's next great wave of innovation

January 31st, 2010

Cleantech: Silicon Valley's next great wave of innovation

Abstract:
The Obama administration has bolstered the cleantech sector with more than $70 billion in economic recovery funds. Tesla Motors, Solyndra, MiaSolť and Nanosolar are among the cleantech valley startups awarded loan guarantees or tax credits by the Department of Energy.

At first blush, cleantech may seem like an radical departure from Silicon Valley's semiconductor roots. But solar cells are a simple form of semiconductor, and smart grid innovators are essentially integrating 21st-century software efficiencies into a wasteful 20th-century electrical infrastructure. The valley's expertise in biotechnology is vital to biofuels and its work in nanotechnology is critical to new materials that might find their way into nuclear reactors or a suburban home.

Source:
mercurynews.com

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