Masthead Corporate Logo
Subscribe eNewsletter Magazines

Power Group Online Article

| Add RSS Feed

Cleantech Group bounces back after two consecutive quarterly decline.

01 July 2009 -- The Cleantech Group, founders of the Cleantech sector and providers of leading global market research, events and advisory services for the Cleantech ecosystem, along with Deloitte, which provides audit, tax, consulting and financial advisory services to Cleantech companies, released preliminary 2Q09 results for clean technology venture investments in North America, Europe, China and India, totaling $1.2 billion across 94 companies.

"We are seeing initial signs of recovery in other cleantech asset classes, including recent activity in solar tax equity, increased M&A levels, as well as billions in government stimulus that are being allocated globally to the cleantech sector over the next several quarters," said Brian Fan, senior director of research with Cleantech Group.

Some of the sectors getting the biggest investments include:

- BIOFUELS - $206 million
Deals included agri.capital, a European developer of biogas plants,
which raised $82 million from TCW Group and others and renewable oil
producer Solazyme, which raised $57 million from Braemar Energy
Ventures, Lightspeed Venture Partners and new investor VantagePoint
Venture Partners.

- SOLAR - $114 million
Deals included Indian solar developer Cobol Technologies, which
raised $30 million from Pangea Capital, as well as CSP technology
provider Ausra, which raised $25.5 million from Khosla Ventures and
Kleiner Perkins, among others. Another CSP company, Stirling-engine
dish vendor Infinia, raised $14.1 million in convertible debt, as
part of a $50 million planned raise.




| Add RSS Feed


 
Return to Previous Page

 
Power Engineering Webcasts




Save Time and Money with Safe Bolting
Original broadcast on
July 30, 2009






Integrating Fuel Flexibility into Boilers, Burners, Furnaces and Gas Turbines
Original broadcast on
July 28, 2009






Reduce Combustion Design Costs Through Accurate Chemistry Simulation
Original broadcast on
May 19, 2009



More

Sponsored White Papers Library
Recently Added White Papers

Honeywell in the Power Industry: Solutions for Today's Complex Market (10/14/2009, Honeywell)

Advanced Energy Solutions: Helping Industrial Power Generators Improve Efficiency and Reduce Emissions (04/08/2009, Honeywell)

How Automation Technology Can Improve Performance of Your Power Plant (08/25/2008, Honeywell)

Security Solutions to Meet NERC-CIP Requirements (08/24/2008, Honeywell)

Open Systems Technology: Progress Offers Opportunities and Risks (08/23/2008, Honeywell)

More

 







 


Subscribe eNewsletter Magazines