We are much more ready to abandon or sell a technology in cleantech today if it fails to be highly differentiated because one has to anticipate a continuing negative cleantech funding environment that will limit the ability to raise equity financing for these companies in the future.
For the United States to build a thriving domestic cleantech industry it will have to stay one step ahead of the competition, quickly developing and commercializing the next generation of clean energy technologies to make them cheaper and more reliable.
"One model is for these clean-tech companies to make strategic alliances with the Fortune 100 companies, " John Steuart of Claremont Creek Ventures told Greentech Media, a trade publication.
One has to anticipate a continuing negative cleantech funding environment (and a future up cycle is likely too) and keep in mind that this will limit the ability for these companies to raise equity financing in the future.