Progress Report 2014 38 80 6 Atlantis Energy Systems, Inc
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CleAn teCh CompAnieS 2014 TRUCKEE 1 8minutenergy Renewables LLC CARSON CITY 2 Advanced Energy Products 82 MARYSVILLE 78 SOUTH LAKE TAHOE 3 Airco Mechanical GRASS VALLEY 41 PENN VALLEY 4 Altergy Systems 19 NEVADA CITY 86 53 5 Ambercycle 65 progreSS report 2014 38 80 6 Atlantis Energy Systems, Inc. 21 7 Bagatelos Architectural Glass Systems, Inc. 37 Companies, Customers and Capital Sutter 8 Battery M.D., Inc. Placer ELVERTA 31 APPLEGATE 66 9 Beutler Corporation AUBURN LINCOLN 57 10 Bloo Solar 193 11 Blue Oak Energy Regional gRowth in Recognized nationally as 12 California Sunlight 13 Capital Energy Solutions 99 Revenue and Jobs continues #6 most active clean tech 14 Capitol City Solar 80 15 Carbon Sequestration, LLC 33 50 In 2013, based on a survey by the SARTA CleanStart metRo aRea 76 14 70 16 Cardinal Glass 47 ROCKLIN program, growth continued for the 99 companies in the 99 The growth and success in the region is drawing national attention. 17 Cha Corporation 65 GRANITE BAY region’s core clean tech industry cluster, hitting a new 18 Clean Energy Systems, Inc. 30 80 Industry analyst Clean Edge annually evaluates major metro areas 19 Clean Flame 52 ROSEVILLE record of more than $2.2 billion in revenue, and greater than 5 Sutter 34 JAMESTOWN Placer 36 68 on the basis of clean tech leadership, and most recently identified 20 CleanWorld Folsom Lake 3,400 employees in total. The pace of this growth has 21 Clipper Creek 8 the Sacramento region as the #6 most active clean tech metro 80 22 CNFBiofuel 99 CITRUS HEIGHTS slowed compared to that seen in 2012, with 5% growth in 96 EL DORADO HILLS area in the nation. Clean Edge’s index is based on 22 factors WOODLAND 9 42 23 Cybo Energy 97 FOLSOM 94 99 1 98 10 revenue and 6% growth in jobs in 2013. Nonetheless, a 24 D3 LED 17 35 4 covering green buildings, advanced transportation, clean electricity 67 15 32 59 25 DAE Technologies 49 McClellan FAIR OAKS 89 two-year moving average growth rate for 2011 to 2013 is a Lake Natoma 50 77 and carbon management, and innovation, investment, and work- 5 80 91 Gold River 26 Davis Energy Group 63 72 95 52 46 81 robust 47% in revenue and 54% in jobs. Among CleanStart’s 27 DavisChem 88 CARMICHAEL 20 force characteristics. The recent ranking places the Sacramento 80 84 69 23 28 Efficient Drivetrains BUSINESS 85 goals is to see the regional clean tech industry hit 10,000 87 13 64 80 RANCHO CORDOVA 24 region ahead of such well-known clean tech powerhouses as 2 62 WEST SACRAMENTO 51 29 Electric Vehicles International 79 90 52 jobs. Considering that only 650 jobs were identified in 2004 61 25 11 60 39 65 92 Sacramento Boston, Austin and Chicago – but with distance to go to gain on the 30 Energy Exemplar SACRAMENTO 50 18 74 5 54 56 70 31 Envirocycle USA 27 55 50 Mather and that companies have logged five-fold growth in the DAVIS top three of San Francisco, San Jose, and Portland. 26 93 43 32 eZESystems 75 58 12 3 past ten years, the goal of another tripling is very much Yolo 83 45 44 7 71 33 Frontier Wind Jackson Hwy (The full report from Clean Edge is available at www.cleanedge.com/research/leadership-index) Solano 28 within reach. 34 Gemcopower 40 See an interactive 35 Glide Cruisers 5 16 99 version of this map on 36 Granite Bay Energy Group, Inc. 73 48 www.cleanstart.org and clean tech investment on Quiet 37 Green Planet Solutions VACAVILLE 6 click on Clean Tech Map an iPo and maJoR acQuisition 38 Green Smart ELK GROVE Rebound, new souRces emeRging 39 Greenleaf Power LLC contRibute to Region’s 40 Greenlight Solid State 41 GreenTraks 16 GALT MANTECA success and Recognition 42 Greyrock Energy Inc. CLEAN TECH INDEX QCLN 43 GridSense Inc. 5 In August 2013, regional clean tech and ag tech company 44 Henwood Associates, Inc. 29 45 Hydrovolt Energy Systems (Pronto Power) STOCKTON Marrone Bio Innovations, Inc. (MBII) went public on the 46 Innertech 22 NASDAQ, raising $56 million in the process. By year-end, the 47 Inspired Solar Technologies 61 Octus Energy 76 SMA America 91 System 3 Inc. company’s stock price was up more than 40% over the open, 48 Integrated Comfort 62 Onsite Power Systems, Inc. 77 Smart Grid Billing, Inc. 92 T3 Office Recycling Solutions 49 Jerico Energy 63 Opticlanes 78 Smart Light Systems 93 Talbott Solar & Radiant Homes giving the company a $325 million market value. This IPO sets S&P 500 INDEX 50 JLM Energy 64 Organic Energy Corporation 79 Solar Depot, Inc. 94 Technikon, Inc. a milestone for a number of reasons: for one, MBII joins a 51 JMJ Natural Lighting 65 Pacific Ethanol, Inc. 80 Solar Power, Inc. 95 TNT Lighting and Solar JAN 2013 JAN 2014 52 Johnson Controls Inc. 66 Pacific Power Management, LLC 81 SolarRoofs, Inc. 96 Woodall Tech, Inc. select group of only a handful of clean tech companies that 53 KACO new energy inc. 67 PackageOne Inc. 82 Springboard Biodiesel LLC 97 Woodland Biomass have successfully gone public in recent years. IPOs in general Venture investment in clean tech rose to $6.12 billion worldwide, an 54 Marrone Bio Innovations 68 Paramount Energy Solutions 83 SunOne Solutions 98 Worley Parsons 55 Meca Solar 69 Peak Demand Automation 84 Sunoptics Skylights 99 ZETA Communities have been challenging to accomplish in recent years, and increase over the 2012 total of $5.92 billion. While this is lower than 56 Micromidas 70 RCS Technology 85 SunTechnics Energy Systems clean tech and/or ag tech IPOs have been even fewer and the all-time high set in 2011, the rebound is meaningful and the 57 Mobius Technologies, Inc 71 REC Solar 86 Sustainable Energy Group 58 Mounting Systems-US 72 REO Mechanical 87 SVV Technology Innovations, Inc. further between. For another, MBII’s early funding included a trajectory is positive. Venture investors have shifted the focus of their 59 NLine 73 Siemens Mobility 88 Swinerton Renewable Energy number of local investors, who are now in a position to reinvest investing to energy efficiency (such as building automation systems 60 Novozymes, Inc. 74 Sierra Energy 89 SynapSense Corp. 75 SiGNa Chemistry 90 Synterra Energy their positive returns in additional local startups, hoping to set and web-enabled devices such as those developed by Rancho them on the same trajectory as MBII was able to achieve. Cordova-based RCS Technology) and advanced transportation, versus the prior emphasis on solar. The public equity markets also SPONSORS Also in 2013, Paramount Solar was sold to Bay Area-based registered a positive year for clean tech, with the NASDAQ Clean Energy Fund (QCLN) up 96% for the year--a healthy gain especially weintraub tobin Solar City for a combination of stock and cash totaling $120M. weintraub tobin chediak coleman grodin law corporation Together, the MBII and Paramount Solar transactions confirmed compared to the overall S&P 500 index which gained “only” 28%. the success of tech companies founded and growing in the In addition, in the past twelve months $20.5 billion has been invested Aperio • Apptology • ASi • At&t • City of roSeville • City of SACrAmento • five StAr BAnk • griD AlternAtiveS Sacramento region, which will help attract attention from in new clean tech projects, a very healthy pace. All of these indicators interWeSt inSurAnCe ServiCeS, inC. • moSS ADAmS llp • north vAlley BAnk • pArAmount SolAr • pg&e additional venture capital firms as a place to invest. point toward renewed interest in the sector. rCS teChnology • SACrAmento County • StArtgriD / Jp morgAn • t3 offiCe reCyCling SolutionS • tAkeChArge trinet • WellS fArgo • XeroX “SARTA is a great resource and really draws attention to all the accelerate inform celebrate build champion start-up opportunities in the local area.” - Larry Bawden, CEO Bloo Solar 3801 POWER INN ROAD I SACRAMENTO, CA 95826 I 916.231.0770 I www.sarta.org 3801 POWER INN ROAD I SACRAMENTO, CA 95826 I 916.231.0770 I www.sarta.org Pam maRRone: clean tech cleanstaRt and cleanstaRt’s 7th Annual The Seventh Annual CleanStart Showcase, themed “Companies, innovatoR and executive co-foundeR each eaRn awaRds Customers, and Capital,” drew nearly 700 attendees, 88 exhibitors, and numerous outstanding speakers. The 2013 Showcase was of the yeaR combined with the inaugural AgStart Showcase, giving the audience a wide selection of sessions to attend. Keynote Yanev Suissa with New Enterprise Associates, the largest VC firm in annual showcase a hit the country, described how investor interest was returning to Pam Marrone, shown with Renee Taylor clean tech, at least to certain segments. Alex Hillman, founder of from SMUD Board of Directors, received the Indy Hall in Philadelphia, conducted a lively discussion on using CleanStart Innovator of the Year Award from SARTA. The showcase featured a number of speakers, including 9 year old Nicolas Come, founder of hyper-connected networks to build companies and communities. Nicolas’ Garden. Reflecting her leadership at Marrone Bio Innovations, Dr. Pamela The Showcase received nationwide exposure with over 2000 Marrone was honored multiple times throughout 2013. SARTA views of the press release and 64,500 articles and headlines Meg Arnold, SARTA CEO accepts CleanStart named her the Clean Tech Innovator of the Year at the award from Terry Hillman, Sacramento written about it. Locally CleanStart Showcase in October, noting both her scientific and Business Journal Publisher. Gary Simon poses with Genevieve two TV stations covered Shiroma, SMUD Board of Directors, business acumen.