Green Technology Shows Signs of Life
| August 18th, 2009 | ||
| Venture capital investments in clean technology are up 73% for the second quarter of 2009 compared with the first quarter. According to a Reuters’ article, this brings the total investment figure for the year to $572 million. Much of the investment dollars are flowing to “smart grid” technology, lithium-ion batteries and energy storage, as opposed to solar and wind power technology. Many give credit for the new investments dollars to the US Department of Energy’s $100 billion stimulus plan for clean technology as well as belief that the recession is slowly drawing to a close. | ||
See Source | ||
Related Article Tags: Green, Socially Responsible, ESG and Sustainable Investmenting Hedge Fund News
Add a Comment |
More Recent Headlines
Man Group invests in Stanley Ku’s Minerva Macro Fund |
FrontPoint, Blackstone Group and Maverick Capital make New Hires |
Flowering Tree and LionRock Capital Launched by Sansar and TPG-Axon Capital Veterans |
China vs. the U.S.- Who Will Blink First? |
Warren Lichtenstein’s Steel Partners convinces Noritz Chairman to Quit |
FRM Capital Makes Strategic Investments in JD Capital Management and WestSpring Advisors |
Dawson-Herman Capital Shutting Hedge Fund |
Bull and Bear Capital launches to serve Emerging Hedge Fund Managers |
Steel Partner’s Warren Liechtenstein Prepares for Bank Chairman Role |
Man Group Sells Stake in MF Global |
