Will venture capitalists find greenbacks in green investing?

Gregory Heibel, a partner in the emerging companies group of Orrick, Herrington & Sutcliffe, explains how clean technology may be coming back in vogue in Asia.

Before the recent global economic downturn investors saw the clean technology market -- which includes renewable energy such as wind, solar and hydropower, as well as biofuels and electric motors -- as the next big thing. But when the crisis hit, alternative energy and so-called green thinking in general took a back seat to more immediate and pressing economic problems.

Of course, the need to come up with clean technology remains -- indeed, in places like Hong Kong and the east coast of China where clear blue skies and sunshine are the exception rather than the norm, one would think investors would be all over this market. 

FinanceAsia talked to ...

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