I wrote a fair amount last year about the difficulty of encouraging VCs to invest in greener technologies.
There is certainly a sense that the business case for such investments, or indeed the case for the actual requirement of these technologies, has still to be proved. But there is an opportunity to get in now and reap the rewards.
The mechanisms of business are swinging behind greener technologies. The latest is a the launch of a new underwriter to insure any renewable energy initiative up to $600m for a single project.
The company, called GCube Underwriting, based in London and Newport Beach, California claims to be the biggest insurer of renewable capacity in the world.
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