More Deals, Fewer $ In 2009 Clean Tech
Venture capitalists invested $4.85 billion in clean tech this year, according to Greentech Media -- a 36% drop from 2008, when they invested $7.6 billion. The number of deals was up slightly, though -- by six -- to 356 deals, and 2009 was still a more active year for investors than 2007. Solar power attracted the most money -- $1.4 billion -- followed by biofuels at $976 million. Smart grids, energy storage and electric cars also drew more money, as did wind, lighting and water. Water is declared to be on "venture capital radar screens" -- it attracted $130 million.
30 December 2009•1 min read
