Recently published research confirms what any venture capital investor would tell you: clean tech is hot.
The Cleantech Network and Environmental Entrepreneurs (E2) published a report summary on Tuesday finding that VC investment grew 78 percent in 2006 to $2.9 billion. Most of that money went into energy-related technologies.
That investment growth is anticipated to continue: the report expects numbers to climb to $19 billion by 2010.
The authors cited a few reasons for the investment boom in clean, or green, tech: concerns over global warming, higher energy prices, improved technology and changing public policies.
A lot of the … Read more