The Cleantech industry is defined as the industry which develops and produces products and services that improve operational performance, productivity, or efficiency while reducing costs, inputs, energy consumption, waste, or pollution. The Cleantech industry is thus has many sub-industries under its umbrella, including renewable energy – wind, solar, biomass/biogas, biofuels, waste-to-energy, geothermal, hydroelectric. Other sub-industries would be energy efficiency technology (buildings, smart grids) and also technology that allows transportation to go green – such as electric cars, trains etc.

Singapore has been making a push into the Cleantech industry. Read the rest of this entry »

U.S. President-elect Barack Obama has laid out his plan for a huge economic stimulus package, with a broadband rollout, an Internet-based smart energy grid and alternative energy a major component of his plan. The giant stimulus package could cost close to $1 trillion, with investments in communications and energy infrastructure forming a major chunk of government spending. The president-elect has called the economic situation in the U.S. a “crisis unlike any we have seen in our lifetime,” hence it is no surprise that this economic stimulus package is quite unlike any other in the past several decades that the US has seen.

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