THIN FILM SOLAR PANELS

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Cleantech IPOs have ground to a halt, and industry insiders at the Clean-Tech Investor Summit this week said they expect the no-exit environment to continue.

Mohr Davidow Ventures partner Will Coleman, who moderated a cleantech-financing panel at the event, asked panelists to guess when the IPOs would come back. “The second quarter, which doesn’t mean the markets [will have] reopened,” said Gary Vollen, managing director of the Stanford Group Co. “I think the third quarter, probably,” guessed Jeff Lipton, managing director of Jeffries & Co. Inc.

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