Cleantech investment in 2007 up 43 percent, tops $3 billion

Excerpt:
"The latest set of figures on cleantech investment in 2007 are out, compiled by Dow Jones VentureSource, showing a total of $3.04 billion in deals around the world with a solid 83 percent of all deals sourced in the United States.

The Dow Jones numbers look even more bubbly in some ways than the Thompson Financial / NVCA stats we reported back in November, which had cleantech investment for the first three quarters of the year at $2.6 billion. Dow Jones counts deals differently, and didn’t include some of the mega-fundings like the $500 million investment in Delta Hydrocarbon BV that Thompson factored into its total.

Instead, Dow Jones counted up dozens of small deals, painting a picture of rapid sector expansion. Deal volume in the United States alone was up 54 percent, with the category of alternative energy production notably ballooning to 76 deals — well up from the 2005 and 2006 numbers of 22 and 47, respectively. Th deal volume in Europe was almost flat, but investment rose 27 percent to €266 million."

http://www.theindustrystandard.com/news/2008/02/29/cleantech-investment-2007-43-percent-tops-3-billion