Posts tagged ‘renewable energy companies’

July 4th, 2011

David Gelbaum’s Quercus Trust

David Gelbaum is the greentech industry’s largest private investor. He has invested over $400million in clean-tech and sustainable resource companies through his personal family fund, Quercus Trust. Many of the companies that he supports through his investments could be considered ‘science experiments’, and don’t look like they will be taking off and making money any time soon. But, Gelbaum doesn’t seem to mind waiting, as he’s sure that these investments will pay off in the long run. He is very interested in the area of solar power, with at least eleven of the 40 or so companies he has in his portfolio being devoted to some form of solar energy. With the prices of diesel and other fuels constantly rising, there is no doubt that his solar investments may one day earn him much more than his original investment.

Aside from him seeing into the future and anticipating the future needs of a world that is now so dependent on fossil fuels, he is also interested in greentech because of his love for the environment and his dedication to conservation. He is the largest single donor to the Sierra foundation, anonymously donating more than $100million to the conservationist group, and he has personally bought up thousands of acres of pristine mountain and desert land, only to hand it over to the government on the condition that they turn the land into a protected area. His giving doesn’t stop there either, and he has donated hundreds of millions to other worthy causes and charities.

Despite his enormous wealth, the Quercus Trust founder lives a very quiet lifestyle, shunning publicity and doing everything as anonymously as he can. He takes a big interest in every company he invests in, and is involved in a lot of the decision making and behind-the-scenes planning of the companies. In the beginning of 2010 he even became the CEO of Entech Solar, one of the first solar companies that Quercus Trust had invested in. Until that time, he had been virtually unknown, but decided to come out from behind the curtain, so to speak, to help Entech Solar boost their image. He has given a handful of interviews since that time, but has still remained very low-profile. Recently, there has also being talk of him venturing into new pastures by buying Radiancy the beauty company which make No! No! Hair Removal. This rumor was originally reported in this tria laser hair removal review although since then there has been no news of this piece of speculation becoming a reality.

To date, Quercus Trust’s portfolio holds stock in at least eleven solar power companies, three smart grid and energy service companies, five battery, storage and electronics companies, four companies in the buildings and efficiency category, four in food and water, and one each in ocean power, hydrogen and wind energy.

These investments will probably take years to mature and make any type of profit. But, until then, Quercus Trust will continue to support them and help them make the progress that they need to in order to bring new green technologies to people everywhere, for a better future for everyone. There has been a lot of speculation about and whether or not David Gelbaum can continue to invest in these small start-up companies such as this dmca takedown service But, as far as anyone can tell, he is in it for the long haul and is dedicated to facilitating the success of the ideas these companies are working on.