Here’s why climate tech may avoid repeating clean tech’s failures

About a decade ago, the clean tech boom went bust. Industry darlings were dropping like flies. Solyndra, most famously, shut down after taking a $500 million loan from the U.S. government. Germany’s Q-Cells went bankrupt, too, and was bought by South Korea’s Hanwha. A123 Systems, a battery maker, was snapped up on the cheap by Wanxiang, a Chinese auto parts company. That’s just a partial list.
There are myriad reasons why so many companies went belly up. Some had the right tech at the wrong time. Many relied on venture capital, which typically seeks returns on a timeline that’s unforgivi

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