The Greentech Revolution
2200 Sand Hill Road, Suite 250 Menlo Park, CA (650) 275-7420 [email protected]
We have a global problem ….
Too Much Pollution
Harvard Institute of Public Health expects 83 million people in China to die from lung related diseases
in the next 25 years
It’s a Global Problem
25% of particulates over Los Angeles came from Asia
Changing Climate
34% reduction
Date Sea Ice Area(millions of km²)
2000 7.0
2010 4.6
New Oceans
“There is a phenomenal event taking
place … we haven’t had an ocean open
on this planet since the end of the Ice
Age.”
Admiral Gary Roughead
United States Chief of Naval Operations
June 16, 2011
Help is on the way: Domestic Mandates
California RPS: 33% by 2020
Texas RPS: 5.9GW by 2015
New York RPS: 30% by 2015
Ohio RPS: 25% by 2025
Virginia RPS:12% by 2022
65 Countries Mandate Renewable Energy
■ Germany
- Closed 7 nuclear plants, close all by 2022
- RPS: 20% today, 35% by 2020
■ China
- Fund $15 billion for electric vehicle R&D
- Exceeded 70 GW of wind in 2013
- Targeting 220 GW of solar & wind by 2017
- Target 30% non-fossil fuel by 2015
■ Japan
- 52 / 54 nuclear plants offline
- RPS: 10% today, 35% by 2030
- 10 GW solar installed this year
Even the Pope…
9
Falling Costs Driving Increasing Revenues
Source: US Solar Market Insight Report: Q3 2013, GTM Research,SEIA
Cost of Global Utility Scale PV
2010 – 2012
US PV Installation Forecast 2010-
2016E
Source: Sustainable Energy in America Factbook 2014, Bloomberg
New Energy Finance
Three Revolutions You Should Know About
1. Utilities
2. Buildings
3. Cars
1) Utilities:
• Massive move solar and wind (50% all new power is renewable)
- Lower prices
- Financing
• Power storage cheaper
• Customer Engagement
2) Smarter, More Efficient Buildings
• Buildings use 40% of energy
• Buildings becoming digital
• LED lights, sensors, smart windows, and software
3) Electric Cars
• 8 years ago, EV’s were a pipe dream
• Tesla has $25B market cap
• EVs are becoming:
Faster Safer Cheaper Cleaner
95% improvement of cost and range over 25 years
Self Driving Cars Are Coming
• Self Driving Cars will
be:
Faster
Safer
Cleaner
More Efficient
Silicon Valley is the center of this revolution
Ne Plus Ultra