CleanTech OC Daily - 11/28/12

VC Investing in Greentech, Installment #139

Investment in cleantech has diminished, but the industry is not going away. New themes in cleantech have emerged and at the Going Green event put on by AlwaysOn in San Francisco, Ca., a number of VCs weighed in on their views for the future of the industry.

Fisker to establish new technical center in Midwest

In 2013, Fisker plans to launch a new Technical Center in Michigan which will be integral to the development and launch of its second model - the Atlantic. The expansion will not move the company out of California (design and advanced engineering will remain in Anaheim), but it will bring the company closer to their supplier base and the U.S. automotive hub.

A startup that squeezes electricity out of city water
NYC-based startup Rentricity has developed equipment that uses water pressure to produce electricity and helps water suppliers reduce their energy costs. Rentricity installed their technology at two water treatment plants in Pittsburgh and one in Keene, New Hampshire. The fourth and largest project is set to come to Palos Verdes in Q1 of 2013. The company was also the grand prize runner-up at this year’s Cleantech Open competition.