Monday, December 13, 2010

Cleantech venture investing jumped in Q2 - Dallas Business Journal:

chauezhelolocu1622.blogspot.com
Global cleantech investments totalled $1.2 billion across 94 a 12 percent increase over thefirst quarter. The increase was drivej by interest inalternative vehicles, which grabbed $236 and advanced batteries, which received $165 Watertown, Mass., lithium ion batteryh maker landed a $100 million investmenyt round led by Co. in April. The report’s authors say cleantech companies will continue to be buttressex by investments by the federal governmentr and electric power companies to complement venturecapital investment.
“New investment tax credits are playinhg a major role in making newsolar thermal, solar PV, and wind projects more economicallgy viable for utilities, which are bringing their accesa to capital to the sector,” said Scott Smith, Unitede States leader of Deloitte’s cleantech practice, in a statement.

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