Press

Cleantech – Energy Market of the Future

Sharing Expertise at the Technology Conference in Bonn on 1st February

The energy policy of the German government sends a clear signal in the direction of cleantech, and thus to clean, environmentally-sound technologies. The objective is a steady, secured and inexpensive energy supply in Germany. This presents major challenges to energy companies, especially in the field of renewable energies. The trend is also towards innovative solutions from small start-ups. Dr. Fritz Vahrenholt, CEO of RWE Innogy GmbH, Oliver Stahl, CEO of Entelios AG and Dr. Michael Brandkamp, Executive Director of High-Tech Gründerfonds will be discussing the challenges of the German energy industry and presenting new approaches at a press conference being held at the High-Tech Partnering Conference in Bonn on 1st February 2012.

In the cleantech sector, renewable energies have great importance. Not least due to the German government’s energy scheme, major energy companies are gradually switching over to wind, biomass and other sources of energy. Technological innovations are the prerequisite for facing the challenges of the energy transformation. Yet energy companies are confronted by a dilemma. Despite monetary resources becoming ever scarcer investments must be made in these new technologies. Sensible synergies are in demand.

This is where High-Tech Gründerfonds II  and its portfolio companies come in. Today the fund is already promoting technology start-ups covering a variety of renewable technologies, such as system solutions for offshore safety technology, new measurement technologies for biogas plants, modular mini hydro power plants and innovative approaches in the field of solar energy.

Fritz Vahrenholt explains: “Energy transformation means utilizing novel ways of generating electricity on a large scale and not just accepting new ideas, but also supporting them. RWE Innogy is now among the leading venture capital investors in Europe in the renewable energies sector. Its involvement in High-Tech Gründerfonds II takes this development into account. The fund is an important step for the success of new technologies that we urgently need for the reorganisation of our energy supply in Germany and in Europe.”

Trends and innovations in the energy markets will be discussed by corporations and founders in the “Smart Energy – Innovative, Environmental, Economical” workshop as well as the press conference at the High-Tech Partnering Conference, being held for the third time in Bonn. High-Tech Gründerfonds’ technology conference has become a pivotal networking platform between innovative technology companies and the established industry. Awaiting the approx. 200 high-ranking representatives from industry and commerce are a mixture of demanding specialist workshops, prominent keynote speakers and top-class panel discussions.

Further information about the technology conference programme is available at www.high-tech-gruenderfonds.de.

 Members of the media are cordially invited to the technology conference as well as to the press conference on the topic of Cleantech – Energy of the Future and can register by e-mail (s.zillikens@high-tech-gruenderfonds.de).

About High-Tech Gründerfonds
High-Tech Gründerfonds invests venture capital in promising technology start-ups that transform promising research into viable business models. The seed financing provided is designed to enable start-ups to take the R&D idea through prototyping or a “proof of concept” and to market launch. Typically, High-Tech Gründerfonds invests €500,000 in the seed stage, with the potential for up to a total of €2 m per company. Investors in this public/private partnership include the Federal Ministry of Economics and Technology, the KfW Banking Group, as well as the twelve industrial groups of ALTANA, BASF, B. Braun, Robert Bosch, CEWE Color, Daimler, Deutsche Post DHL, Deutsche Telekom, Qiagen, RWE Innogy, Tengelmann and Carl Zeiss. High-Tech Gründerfonds has about €560.5 m under management (€272 m for Fund I, €288.5 m Fund II).

Press contact:
High-Tech Gründerfonds Management GmbH
Stefanie Zillikens – Marketing & Communications Manager
Ludwig-Erhard-Allee 2 – 53175 Bonn, Germany
Phone: +49 228 823001-07 – Fax: +49 228 823000-50
s.zillikens@high-tech-gruenderfonds.de
www.high-tech-gruenderfonds.de

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