Tech & The District » solar photovoltaics http://blogs.hillandknowlton.com/techandthedistrict Tech the way we see it: insights and musings on technology PR, policy and the District, from H&K’s D.C. Tech Team. Thu, 04 Aug 2011 15:06:44 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 A Federal Wager in Clean Tech http://blogs.hillandknowlton.com/techandthedistrict/2010/03/24/a-federal-wager-in-clean-tech/ http://blogs.hillandknowlton.com/techandthedistrict/2010/03/24/a-federal-wager-in-clean-tech/#comments Wed, 24 Mar 2010 16:05:08 +0000 Andrew Cuneo http://blogs.hillandknowlton.com/techandthedistrict/?p=377 While the rest of the economy attempts to find its footing, there is an industry that continues to take big steps – clean energy development.

 

CleanEdge, a research firm which specializes in clean technology, released its annual Clean Energy Trends report last week and found that amidst the chaos of the current recession, 2009 proved to be a very successful year in the clean technology and energy production. Recent numbers from the report reveal three spaces – solar photovoltaics (PV), wind power, and biofuels – which successfully jumped a combined 11.4 percent in revenue from 2008 numbers. This will certainly grow.  In fact, CleanEdge predicts that by 2019, the clean energy production industry will be a $325.9 billion business.

 

Climate change has been at or near the top of Washington’s agenda over the last year. And the expectation is that this will remain a priority in the months ahead. That said, steps are already being taken that can lead us down a cleaner, more environmentally-friendly path.

 

President Barack Obama has issued the challenge to the federal government to reduce carbon emissions by 28 percent by 2020. A likely result of this challenge is the investment in more clean technologies aimed at reducing the nation’s environmental footprint.  Expect to see renewable energy solutions such as solar and wind power at the top, and likely more use of nuclear power, natural gas and perhaps even clean coal as well.

 

The Recovery Act put forth by the current administration issued $5.4 billion in funding to small companies, including 26 that reside in the clean-tech space. The Department of Energy recently released a report highlighting where, within the clean tech market, the money was distributed. A vast array of clean energy efforts, such as wind, solar and biofuels, were aided by the Act.  In addition to energy sources, critical new infrastructure like Smart Grid, advanced batteries, energy storage, energy efficiency tools and even companies working to clean our transportation industry, were also funded. 

 

This is an exciting time to be in the clean tech and clean energy space. We’re going to see more innovation leading to a cleaner, brighter future for the U.S. and the world. Clean technology, perhaps once considered a “nice to have” has turned into a lucrative AND essential sector for us moving forward. 

 

What do you see as being the next new clean technology innovation?

 

Hill & Knowlton works with several members of the clean technology and clean energy industries including TRIRIGA, Better Place, America’s Natural Gas Alliance and NEI.

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