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Silicon Valley Bank Collapse Could Slow the Transition to Clean Energy

14 Mar 2023 | Abstracted from Washington Post

"...the federal government has stepped in to enable investors and company founders to access their funds...Some worry it will lead to more investor caution in this sector dominated by cash-starved, pioneering start-ups, slowing clean energy innovation

"About half the start-ups working to develop and scale up the newest clean energy technologies were banking with the failed institution...

"The end of SVB likely means a lot more folks are going to revisit accepted wisdoms and defaults in [venture capital]...It's long overdue."



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