08/10/2011

US Investment in Clean Tech Plummets 44%

 
Investment-Clean

US venture capital investment in clean tech plummeted 44% to $1.1 billion in the second quarter compared to the same period last year, according to Ernst & Young’s latest analysis.

But the same period in 2010 saw a record level of investment topping $1.9 billion  primarily because of five deals amounting to $978.6 million alone.

Although investment is down compared with last year, the number of actual deals during the quarter only fell by 12% to 68 and Investments rose from 8% from the first quarter of 2011.

Solar companies dominate the energy and electricity generation sector, representing 21% of investment, with developer of solar thermal systems BrightSource Energy leading the way.

The alternative fuels sector took the largest hit, plummeting 57% from last year.

“Clean tech financing levels remain strong in the context of investment levels over the past several quarters,” says Jay Spencer, Ernst & Young Americas’ Cleantech Director. “We’re seeing continued commitments to solar, electric vehicles and energy efficiency technologies from the venture community, as well large corporate and private investors.”

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Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.

Add highly responsive multi-zone comfort to any building project, in any climate. Our CITY MULTI H2i R2- and Y-Series VRF systems give you flexibility to fit the needs of any building. Enjoy 100% heating capacity at 0°F outdoor ambient, and 85% heating capacity at -13°F outdoor ambient.  For more information, log on to www.mitsubishipro.com

 
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