Tech Majors Shifting Focus To Energy-Efficiency Sector

The attraction of the green energy start-up is rising with investors at present, so much so that we are seeing traditional tech industry firms shift their focus towards the sector. Industrial conglomerate United Technologies ' move into the wind business with its acquisition of a 49.5% stake in Wind Clippers and Taiwan Semiconductor Manufacturing Company 's entry into the solar energy market via its 20% stake buyout of Motech Industries best serves to highlight the changing sentiment. This uptick in clean tech activity, most notably in the energy-efficiency sector, runs contrary to the industry's fortunes last year. In 2009, the broader clean-tech market saw investment fall by 50% to US$2.6bn and deal volume fall by 16% to 193 deals in 2009. This means that only certain clean tech sub-sectors saw a spike in activity - most notably the energy efficient one, which both United Technologies and Taiwan Semiconductor have bought their way into.

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