By Melissa Segrest
Green Right Now

Before the recession put a stranglehold on most every investment, clean technology was hot. Nearly 80 percent of all the venture capital spent in 2008 went to clean, green investments. The industries slumped for much of 2009, but now investors are returning to clean industries.

Regular Americans are curious about these clean tech companies, too, and they’re asking their financial advisers about them, according to one survey.

What is clean tech? It refers to technologies made without generating significant pollution, which produce products that can replace non-renewable energy sources, like oil, and make us more energy-efficient. Think solar cells and wind-generated power, hybrid or electric cars, green buildings, desalinated water and a “smart grid” that will help businesses and home owners to connect with new sources of power, like wind farms and giant desert photovoltaic installation

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From Green Right Now Reports

There’s a nice symmetry to this green trend that’s taken root among financial institutions. Aware that their paper-spewing tendencies carry a high carbon price (not to mention their actual price), many banks and credit companies are planting trees for customers who agree to forgo paper statements.

The latest to announce such a tree-planting project is the Kinecta Federal Credit Union in Manhattan Beach, Calif. Kinecta will make a donation to plant a tree in the Brazilian Rain Forest for every customer who converts to electronic statements between now and Sept. 30.

“Our intention is not only to show our commitment to being a green organization, but also to motivate our members to consider the positive global impact even the smallest decision can have,” said Shannon Doiron, Director of Marketing & eCommerce in a news release. “Collectively, credit union members can make a tremendous difference simply by opting out of paper statements.”

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From Green Right Now Reports

SustainableBusiness.com has released its 8th annual list of 20 public companies that are leading the way to a sustainable economy. The selections are made in cooperation with a group of judges consisting of leading green stock analysts.

Judges select companies across the range of green business sectors: solar, wind, geothermal, smart grid, water, food, agriculture, green building and transport. SustainableBusiness.com said a third of the companies populating this year’s list are “corporate pioneers” — companies with conventional products and services that are greening their product lines.

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From Green Right Now Reports

San Francisco-based Wells Fargo & Company announced today that it has financed 125 commercial-scale solar photovoltaic projects since late 2007. The bank said the projects are in 10 states total 43 megawatts of capacity — enough to power the equivalent of 6,000 homes.

One recent project was a 450-kilowatt system, developed, installed and operated by SunEdison, on a Staples’ distribution center in southern California. The project’s 1,960 solar panels cover most of the building’s 330,000 square foot roof.

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