Venture money in green companies off 33 per cent


NFPA 70E Training - 2027 Edition

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 6 hours Instructor-led
  • Group Training Available
Regular Price:
$199
Coupon Price:
$149
Reserve Your Seat Today

2009 Cleantech Venture Investment rose with corporate and utility backing: solar led VC, green transportation and energy efficiency grew, M&A hit $31.8B, IPOs reached $4.7B in Asia, including China, South Korea, and Japan.

 

What This Means

A year of VC-backed green tech marked by solar leadership, $31.8B M&A, $4.7B IPOs, and rising Asian activity.

  • Solar led VC with 21% share and $1.2B despite 64% YoY drop
  • Green transportation raised $1.1B; energy efficiency $1.0B
  • 505 M&A deals totaled $31.8B across cleantech segments

 

Worldwide venture capital investment in green technology companies fell 33 percent in 2009 to $5.6 billion during the global financial turmoil, according to a survey by Cleantech Group and Deloitte.

 

Green technology venture investment, however, was supported by increasing corporate and utility investment and by funds eyeing the U.S. and China during the period, the group said.

Investment in solar in 2009 was down 64 percent from the previous year, but the sector continued to be top green technology sector for venture investment in 2009 and accounted for 21 percent, or $1.2 billion, of total green investment.

Companies in the green transportation sector attracted $1.1 billion while the energy efficiency sector saw $1 billion in venture investment.

Deloitte and Cleantech Group also reported that there were an estimated 505 clean technology mergers and acquisition transactions last year, totaling $31.8 billion, while Canada clean tech funding accelerated through dedicated support, and clean technology public offerings totaled an estimated $4.7 billion in 32 offerings.

Some sectors emerged as unexpected beneficiaries after the UN climate deal reshaped policy expectations in late 2009.

"Most of the IPOs took place in Asia, especially China," said Dallas Kachan, managing director of Cleantech Group.

"Couple this with aggressive clean technology spending by China and South Korea, and record levels of patent registration in Japan, and it's clear 2009 was the year Asia made significant inroads on its Cleantech ambitions," he said.

The top three most active green venture investors in 2009 were Kleiner Perkins Caufield & Byers, SAIL Venture Partners and RockPort Capital Partners.

 

Related News

Related News

How to Get Solar Power on a Rainy Day? Beam It From Space

Space solar power promises wireless energy from orbital solar satellites via microwave or laser power…
View more

Huge offshore wind turbine that can power 18,000 homes

Siemens Gamesa SG 14-222 DD advances offshore wind with a 14 MW direct-drive turbine, 108…
View more

Are we ready for electric tractors?

Electric tractors are surging, with battery-powered models, grid-tethered JD GridCON, and solar-charged designs delivering autonomous…
View more

Ermineskin First Nation soon to become major electricity generator

Ermineskin First Nation Solar Project delivers a 1 MW distributed generation array with 3,500 panels,…
View more

UK breaks coal free energy record again but renewables still need more support

UK Coal-Free Grid Streak highlights record hours without coal, as renewable energy, wind and solar…
View more

More people are climbing dangerous hydro dams and towers in search of 'social media glory,' utility says

BC Hydro Trespassing Surge highlights risky social media stunts at dams and power stations, with…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Live Online & In-person Group Training

Advantages To Instructor-Led Training – Instructor-Led Course, Customized Training, Multiple Locations, Economical, CEU Credits, Course Discounts.

Request For Quotation

Whether you would prefer Live Online or In-Person instruction, our electrical training courses can be tailored to meet your company's specific requirements and delivered to your employees in one location or at various locations.