Greentech encompasses a broad range of products and systems aimed at reducing carbon emissions, conserving resources, and minimizing ecological footprints. In the energy sector, this includes renewable generation, smart grid software, energy storage, and efficiency upgrades. Investors and analysts use the term to group companies developing sustainable alternatives to traditional fossil fuel infrastructure.
We're shifting our venture portfolio away from traditional software and putting more capital into early-stage greentech startups.
Investors often use greentech and cleantech interchangeably, but greentech leans slightly more toward environmental impact, whereas cleantech emphasizes operational efficiency and profitability.
Also heard as
- green technology
Do not mix it up with
- Cleantech: Cleantech historically focused on venture-backed energy and efficiency startups, while greentech is a broader term that includes environmental remediation and conservation.
Related terms
Cleantech
Technologies and services designed to improve operational performance while minimizing environmental impact.
Solar power
The conversion of sunlight into usable electrical energy for the grid or local loads.
Geothermy
The scientific study and practical application of the internal heat of the Earth for power generation.