3Q2014 Investment in the Renewable Energy Sector

Investment continues to flow into the renewable energy sector, with a strong and trending upward despite questions of uncertain subsidies and rapidly changing costs. Here are the quick stats:

• Corporate investment in wind energy for the third quarter of this year totaled $2.4 billion, according to consulting firm Mercom Capital Group.
• In the solar power field, the U.S. Department of Energy is investing $53 million in 40 research and development projects to lower the cost of solar energy.
• In addtition, large-scale project funding added up to $3 billion and project acquisitions totaled $5.3 billion. And there were two energy IPOs in the third quarter, for $111 million.

Government and corporate investors are both placing big bets on renewable energy. The shared drivers are to accelerate technology development in key areas; and to bring innovative ideas to market more quickly.

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Patriot Labs is committed to helping both innovative solution providers and enterprise clients succeed. Our professionals employ expertise in strategy, technology, operations and business development to provide client-tailored services and solutions that deliver sustainable and measurable results. For large enterprises, we dramatically accelerate delivery of industry innovations, nextgen technologies and transformational business solutions. For technology providers, we accelerate business development efforts, from market vision – to solution demonstration – to large customer acquisition.

Patriot Labs counts as clients leading corporate enterprises, government agencies, research organizations, and emerging technology companies. Our technology development and deployment collaborations support a wide range of industries, including: education, energy, environment, financial services, healthcare, manufacturing, pharma, transportation, and many more. To learn more about Patriot Labs, contact us: email | phone 202.643.4766 | twitter: @ironSageGroup

 

Patriot Labs Media Contact:
Marlissa Hudson
marlissa@Patriot Labs.com

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