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Five cleantech predictions for 2008

Greenbang is in Silicon Valley this week on a mission to meet some people in the green innovation space.

Here are some predictions from Andrew Chung of Lightspeed Venture Partners, a Silicon Valley-based VC firm.

1. Solar will sustain its torrid growth, as costs continue to fall.
2. Emerging startups that benefit from the polysilicon supply shortage will face increased pressure, as the poly-Si crunch begins to ease.
3. Entrepreneurs will increasingly look beyond cell and module production.
4. China and India will begin to emerge as strong domestic markets for solar.
5. More IT entrepreneurs will continue to start or join solar ventures.

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