Global Cleantech Leaders gather in Seoul to discuss Cleantechnology trends

Link: http://www.benzinga.com/press-releases/10/12/p719844/global-cleantech-leaders-gather-in-seoul-to-discuss-clean-technology-tr

Global Cleantech Leaders Gather in Seoul to Discuss Clean Technology Trends and Korea’s Emerging Leadership Position

Cleantech Group, in partnership with Samho Green Investment, announces successful Cleantech Focus event and intent to jointly provide research and advisory services in the growing Korean cleantech market.

Seoul, Korea and San Francisco, CA (PRWEB) December 21, 2010

Cleantech Group, the leading global research and advisory firm focused on cleantech innovation, announced its successful Cleantech Focus Korea event, held earlier this month in Seoul, Korea. Building on the momentum of this event and its growing presence in Asia, Cleantech Group will be partnering with Samho Green Investment to jointly serve leading corporations, government agencies, and investors in Korea.

Cleantech Focus Korea convened with the theme “Going Global, Getting Smart” and was held on December 3rd at the Westin Chosun in Seoul, Korea. The event gathered a cross section of some of the world’s leading cleantech investors, corporate executives, and thought leaders to discuss trends driving cleantech adoption and market growth. The day notably began with a keynote presentation by Dr. Soogil Young, the Chairman of Korea’s Presidential Committee on Green Growth, who outlined an expansive agenda of clean technology initiatives being pursued through both government and private sector channels in Korea. Dr. Young leads the Korean Global Green Growth Institute (GGGI) which is emerging as an important international think tank on clean economy challenges and opportunities.

The remainder of the day featured leading international investors such as Mu-Shin Kim from the Asian Development Bank, Gabriel Santos from Goldman Sachs, Nicolaus Chaudron from Idinvest Partners, Eric Tao from Keytone Ventures, and the Cleantech Group’s Executive Chairman Nicholas Parker trading perspectives on global cleantech venture trends. Greg Neichin, the Cleantech Group’s Head of Research & Advisory services, delivered a keynote talk on the convergence of cleantech and information technology, a topic that has particular resonance in Korea given the strength of the country’s IT sector.

Building on this successful event, Cleantech Group announced an expansion of its activities in the Korean market. Cleantech Group will be partnering with Samho Green Investment (SGI), a leading venture capital and advisory firm, to deliver cleantech market research and consulting services to clients in Korea. “Fueled by strong government support and committed corporate investment, there is no question that Korea will emerge as a leading global provider of clean technology products and services,” said Cleantech Group President Sheeraz Haji. “As we expand our firm’s presence and relationships throughout Asia, we are thrilled to be working with SGI in Korea.” SGI’s Director of Advisory Services, Michael Paik, who was a featured panelist at the Focus event, expressed similar enthusiasm for the collaboration. “As investors, we are witnessing the rapid growth of the Korean cleantech sector and are excited about the capabilities that the Cleantech Group will bring to firms entering and expanding in this market.”

About Cleantech Group, LLC

Cleantech Group, the leading global research and advisory firm focused on cleantech innovation, pioneered the clean technology category in 2002. Today, it helps its clients make critical business decisions by providing the latest market intelligence through subscription-based research, custom advisory services, and global networking events. The company’s growing international client base includes global corporations, investors, entrepreneurs, governments, and service providers. The company also produces the premier Cleantech Forum® and Focus™ events worldwide, including upcoming events in San FranciscoAmsterdam. Details are available at http://www.cleantech.com.

Comments and Learning: Cleantech is thought and believed to be like the IT of the 21st century, the cleantech group is partnering and offering many forums all around the world to crete awareness, understanding, opportunities, and hence new markets for Cleantech related markets and services. This deal clearly shows that trend. Also, one must keep in mind that this industry is not going to be focused just in US or Europe but Asia especially China, Korea and India will pounce on it because of their technology and IT poweress. Therefore as a corporate entrepreneur (and if USA is thought to be a corporate entrepreneur for a second) it has to smell this golden opportunity and throw its weight behind this industry.

-Altaf Hajiyani

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