Does clean energy become mainstream?eCAPITAL NEWS
The acquisition of sonnen by Shell has attracted a lot of attention in the national and international press. The reason for this is obvious: That one of the world’s largest oil and gas companies is investing in clean energy must be seen as a milestone for the energy industry on its way from fossil fuels to clean energy.
Richard Youngman, CEO of the Cleantech Group, a San Francisco-based global cleantech consulting firm, has described the importance of the acquisition particularly well: Youngman underlines sonnen’s exceptional position and the importance of the transaction for the industry overall.
You can find Richard Youngman’s full commentary at the following link:
For eCAPITAL, this highlights that German startups can be turned into true game changers that not only generate attractive returns but can also change global industries and contribute to solving fundamental problems of our society, such as global warming. Thus, the transaction strengthens our believe that clean energy solutions can indeed become mainstream.
eCAPITAL is a venture capital firm that provides early to growth stage funding to technology companies in the fields of software & information technology, cybersecurity, industry 4.0, new materials and cleantech. Founded in 1999, eCAPITAL has a history of supporting entrepreneurs determined to build companies with lasting significance. Partnering with eCAPITAL means joining an international network of business leaders, entrepreneurs, technologists and potential partners. eCAPITAL is located in Germany and currently manages funds with over EUR 220 million under management.