As a cleantech CEO who has received $12M in funding from the US Department of Energy, I feel compelled to assure the American public that your money has not been wasted. The cleantech industry has not crashed, as the recent 60 Minutes piece asserted, but rather is stronger than ever. Here are just a few of the reasons why:
1. More Americans use clean energy than ever before
The infamous crash of Solyndra was actually sign of a positive trend for solar consumers: a dramatic decrease in the cost per kWh. The majority of US solar jobs are concentrated in financing and installation, not manufacturing. Cheaper panels has led to a boom in the US solar industry, making 2013 a record year for solar installations. Wind energy now powers over 15 million American homes. During the first six months of 2013, America bought twice as many plug-in electric vehicles as in the first half of 2012.