Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

Global Clean Tech Investments Reach Record High

wind farmIt is hard to boot up the computer or turn on the television without hearing about the recession, credit crisis, budget deficits, and unemployment rates.  Amazingly, venture capital investment in the clean tech sector reached new levels over the first three quarters of 2008.

Ernst & Young’s recent analysis of activity in the United States, China, Europe, and Israel using data from Dow Jones VentureSource shows such investment to be at $4.6 billion.  This is an impressive 83% increase from the first three quarters of 2007.

The United States is a main driver, with $3.3 billion of investments during this period, of which $1.7 billion went to the solar energy sector.

European investment reached $481 million Euros, with wind energy as the leading recipient.  China’s investments grew 567% over the same period in 2007. The solar energy sector was the largest recipient with $85 million.

Related Posts on the Renewable Energy Market:

CleanTech: The Recession-Proof Sector

Top Five Prime Nations for Renewable Energy Investment

Solar Stocks Very Low Despite Obama Victory

 

Advertisement
 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

is passionate about the new green economy and renewable energy. Sarah's experience includes work with small-scale solar energy installations and utility-scale wind farms. She earned an MBA in sustainable management from the Presidio Graduate School and is a co-founder of Trees Across the Miles, an urban reforestation initiative. When she can escape the internet vortex, she enjoys playing in the forest, paddling down rivers, or twisting into yoga poses.

Comments

You May Also Like

Clean Power

Market intelligence firm Mercom Capital has published its findings for 2014’s solar funding analysis, and found that the sector saw massive growth over the...

Clean Power

Venture capital funding for global solar was $207 million in Q3 of 2013, according to a new report published by the Mercom Capital Group,...

Bicycles

Here’s some more cleantech news for the cleantech-obsessed: Solar Record Conversion Efficiency For China Sunergy Solar Cells China Sunergy has reportedly set a record...

Clean Power

Energy policy leadership may be nearly nonexistent in Washington, D.C. due to partisan gridlock, but America’s states and cities are well on their way...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.