Global investment in clean technology is expected to set a record in 2012 beating the record of $260 billion set in 2011. “Despite some of the well-publicized headwinds, venture capitalists continue to invest in clean-tech,” said Sheeraz Haji, chief executive officer of Cleantech Group, “Based on our historical data, we believe 2012 will be an all-time record year for global clean-tech investments.”
Figures, from Cleantech Group the show that mergers and acquisitions in this sector hit record highs in 2011, with 391 deals worth a total of $41.2 billion.
A report by Bloomberg New Energy Finance revealed this month that investment in solar energy grew by more than a third. Reuters reports that solar energy investment grew to $136.6 billion, partly due to a dramatic fall in the cost of photovoltaic panels.
© 2012, Richard Matthews. All rights reserved.
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