Advanced Batteries Seen As Spur to US Economy

Cleantech tracked $94 million in advanced-battery investments in the previous quarter.

Published: 19-Jun-2009

If you’ve ever felt the frustration of trying to send an e-mail, make a call, or snap a photo only to realize that your laptop, cellphone, or camera has gone dead, you understand the need for better batteries. But while there’s no question that batteries are important, they’re rarely described as “exciting.”

Lowly, hardworking batteries have routinely received little or no attention, while the devices they power grab the spotlight.

“When somebody sees a Bentley, they don’t say, ‘Oh my God, that’s got a good battery inside,’ ” says Brian Fan, senior director of research at the Cleantech Group headquartered in San Francisco, which tracks venture-capital investments in North America, Europe, Israel, China, and India.

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