{"id":146300,"date":"2010-01-06T17:39:26","date_gmt":"2010-01-06T22:39:26","guid":{"rendered":"http:\/\/greenenergyreporter.com\/?p=5379"},"modified":"2010-01-06T17:39:26","modified_gmt":"2010-01-06T22:39:26","slug":"it%e2%80%99s-been-the-best-of-times-and-the-worst-of-times-for-cleantech-investing-in-%e2%80%9809","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/146300","title":{"rendered":"It\u2019s Been the Best of Times and the Worst of Times for Cleantech Investing in \u201809"},"content":{"rendered":"

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Let’s start with the good news: In 2009 cleantech became the dominant category in venture capital investing, attracting$5.6 billion in new investments worldwide. That’s more than IT or biotechnology, which until recently attracted the majority of VC investments. So says a report released today <\/a>by the Cleantech Group and Deloitte.<\/span><\/p>\n

Dallas Kachan, managing director of the Cleantech Group, tells the New York Times’ Green Inc<\/a>.:<\/p>\n

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Clean-tech went from a niche category to become the dominant category in venture capital investing.<\/p>\n<\/blockquote>\n

Now the for the bad news. The $5.6 billion that flowed into renewable energy startups last year, actually represented a\u00a033 percent drop from the $8.5 billion invested in 2008. Investments in cleantech have retreated to 2003 levels, according to the Cleantech Group \/Deloitte report — see table below.<\/p>\n

\"Picture<\/a><\/p>\n

The investment drop can largely be blamed on the global financial crisis and the dearth of funding that ensued.<\/p>\n

The Cleantech Group and Deloitte report has tracked 557 cleantech investments in 2009 from 567 deals in 2008, and 488 in 2007.<\/p>\n

In cleantech, the solar sector got a majority of the early stage funding, securing $1.2 billion. Solyndra, the California maker of thin-film photovoltaic cells, raised $198 million last year,\u00a0the largest amount of venture cash raised. It also secured a $535 million Department of Energy loan guarantee to build a solar panel plant. Some $1 billion went to startups that develop energy efficiency technology.<\/p>\n

Venture capitalists invested $331 million in China last year — a modest amount compared to the $3.5 billion invested in North America, which is a 42 percent drop compared to a year ago.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Let’s start with the good news: In 2009 cleantech became the dominant category in venture capital investing, attracting$5.6 billion in new investments worldwide. That’s more than IT or biotechnology, which until recently attracted the majority of VC investments. So says a report released today by the Cleantech Group and Deloitte. Dallas Kachan, managing director of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-146300","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/146300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=146300"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/146300\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=146300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=146300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=146300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}