Green Options

Solar venture investments hit a three-year low in the second quarter, the Cleantech Group said Wednesday. According to Brian Fan, senior director of research for the group, solar startups in North America, Europe, China and India raised a total of only $113.8 million for the quarter, which is down 7 percent from $365.7 million in the first quarter and down 86 percent from $834.7 million in the year-ago quarter.

Rosie Hippo offers parents a place to shop for unique, handmade, organic, fair trade and eco-friendly toys.

They have toys made of wood, made of fair trade materials, they have stuffed animals, pretend play toys, and everything you need to spark your child’s imagination and give them something safe to play with.

As stimulus funding leads some industry insiders to think of Washington as “the new Wall Street” for green energy, some investment experts say they’re concerned about the government’s new role. “I worry about the government as a dealmaker in this space,” said Tom Bratkovitch, director of LP Capital Advisors, a consulting firm for private-equity investors, at a Thomson Reuters conference in Palo Alto, Calif., this week. “I just don’t know if the government is the best one to make decisions in this space.”

After all, the federal government has supported some technologies that have not panned out, while missing some that have ultimately been successful. The government also has a reputation for moving slowly – though the Department of Energy certainly is trying hard to get stimulus money out as quickly as possible – and the applications for the grants and loan guarantees can be extremely time-consuming.

This is another  in our series of environmentally focused cartoons we are featuring from Seppo Leinonen a cartoonist from Finland. I met Seppo through Twitter @sepponet and loved his business oriented green cartoons - I think you will too!

Enterprise Fleet Management, a division of Enterprise Rent-A-Car, was awarded the 2009 “Stevie” American Business Award for Environmental Responsibility Program.

Editor’s Note: The is a guest contribution by Danny Kennedy, President of Sungevity. This is part of a series from the CEO’s of major solar companies. You can follow the complete series here.

Sometimes it is hard to contemplate what a good news story our industry – solar sales and installation – and the broader clean energy economy really represents. I was reminded on Monday at the graduation ceremony for the Oakland Green Collar Jobs Corps.

Cleantech startups have stopped seeing GE as an adversary and have started realizing the company can help them make a difference, Kevin Skillern, a managing director at GE Energy Financial Services, said in a keynote speech at a Thomson Reuters conference called “Financing the Cleantech Vision” in Palo Alto on Wednesday.

In spite of the recession, Skillern assured the audience that the long-term business opportunity for cleantech is still there, though it will require “a strong stomach and a lot of patience” to cash in on it. He also called climate change “one of, if not the biggest, societal challenges of our time” and said technology was an essential part of the solution.

The prospect of green jobs has proven very attractive to Californian job seekers. According to a survey released this week by the Vote Solar Initiative, a solar advocacy group, more than 5,400 people are participating in solar job training programs this year in the state.

“It is clear that Californians of different economic and educational backgrounds are all looking to solar to provide much-needed career opportunities, and the state’s training institutions have stepped up to meet that rising demand,” said Claudia Eyzaguirre, the author of the report, in a press release.

But it’s not clear whether the state will have enough jobs to support these trainees. Part of that will depend on the kinds of jobs they are training for.