In The News

The Energy Report interviews Vikas Ranja, co-founder and Managing Director of Toronto-based research firm, Ubika Research. In the interview Ranja discusses the importance and promise of the cleantech market segment that has a "whole range of technology that will enable humankind to basically conduct life in ways that are more eco-friendly and sustainable." An excerpt from the interview:

"TER: Are you noticing any trends in the [cleantech] market segment?"

"VR: Yes, absolutely. A couple of years ago when you talked about cleantech, the discussion mostly centered on alternative energy with a focus on wind, solar and, to a certain extent, geothermal companies. But in the last three years or so, there's been an acknowledgment that cleantech is much more than renewable power generation. This move toward a broader classification is a really big change."

"Another big change would be the growth of a whole set of companies that focus on very basic problems, for example, methods of providing clean drinking water to the vast majority of the global population, and more efficient technologies for waste management, especially in developing countries."

"We are seeing a growing acceptance of clean technologies in these areas, and you can see increased participation among the governments, especially in the developed world. Governments are actively supporting this sector through various programs and some subsidies."

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original source Energy Report