Cleantech Investments Reach New High in Q3

Investments in clean technologies reached an all-time high in North America and Europe – $1.74 billion for the third quarter.

Year-to-date level cleantech investments total $3.64 billion, a 13% increase over the same period in 2006. North American VCs invested close to $1.3 billion, a 50% increase over Q207 and 36% increase over Q306. VCs in Europe invested $472 million representing a 206% increase over Q207 and 13% decrease from Q306.

The Energy Generation segment continues to lead with $1.2 billion invested in Q307. Solar and Biofuels continue to lead the segment.

Investments in solar investment reached $410 million in North America, a 16% increase over Q2, and $246 million in Europe compared to the $15 million invested in Q207. Biofuels companies raised $215 million in North America and $16 million in Europe.

Investments in Water & Wastewater showed promising upward trends with an increase of 146% over Q207 for clean water tech on the two continents.

Market research conducted by The Cleantech Network.