Yesterday's Mercury News article "The Cleantech Cliff: Global Venture Capital Investment Plunged 33 Percent in 2012" discusses the difficulties that Cleantech investing experienced in the past year. The article indicates that global Cleantech investment in 2012 was $6.46 billion, down from $9.61 billion invested in 2011, a decline of 33%.
Reasons for the decline include:
Here's a link to the article:
http://www.mercurynews.com/business/ci_22305241/cleantech-cliff-global-venture-capital-investment-plunged-33
Reasons for the decline include:
- Low natural gas prices make it more difficult for renewable energy projects to compete
- Capital intensive deals are out of favor with venture capitalists, after failures like MiaSole.
- Global economic uncertainty also took a toll
Here's a link to the article:
http://www.mercurynews.com/business/ci_22305241/cleantech-cliff-global-venture-capital-investment-plunged-33
