California top recipient of clean tech investments in North America

15:55, July 10, 2010      

Email | Print | Subscribe | Comments | Forum 

California was the top recipient of clean tech investments in North America during the second quarter this year, a research firm said Friday.

Clean tech venture investments in North America, Europe, China and India totaled 2.02 billion dollars over the period, said a statement from the Cleantech Group, a provider of market research and advisory services for the clean tech industry.

Of that, California received 980 million dollars, more than two-thirds of North America's total, it said.

"In spite of the persistence of wider concerns about the strength and sustainability of the global recovery, the strong flow of investment dollars to clean tech growth companies has continued in the second quarter of 2010, with clean tech venture investment in the first half of 2010 edging slightly ahead of the record total recorded during the first half of 2008 (4.04 billion dollars versus 4.02 billion dollars)," said Richard Youngman, head of global research at the Cleantech Group.

In North America, Europe, China and India as a whole, the leading segment of the clean tech sector over the second quarter in terms of investment received was solar (811 million dollars), followed by biofuels (302 million dollars) and smart grid (256 million dollars), the statement said.

Energy efficiency was the top segment measured by number of deals, with 31 funding rounds, ahead of solar (26 deals) and biofuels (13 deals).

In response to the statement, California Governor Arnold Schwarzenegger said the state "has led the world in enacting policies that harness the private sector to create the clean and renewable technologies needed to combat climate change and reduce our dependency on oil."

Source: Xinhua


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • On Sept. 28, tourists travel around the Mingshashan Scenic Area in Dunhuang, Gansu province by camel. With the National Day vacation right around the corner, more and more tourists from home and abroad are going to Dunhuang. Riding on a camel, they travel in the desert to enjoy the cities rare form of natural scenery. (Xinhua/Zhang Weixian)
  • Chinese forest armed forces work together with forest firefighters on Sept. 28. (Xinhua/Chai Liren)
  • Photo taken on Sept. 29, 2011 shows strong wind blows trees in Sanya, south China's Hainan Province. Typhoon Nesat heads towards south China and is moving at an average wind speed of 20 km per hour toward the west coast of China's Guangdong Province. (Xinhua/Hou Jiansen)
  • A fallen tree is seen on a road in Qionghai, south China's Hainan Province, Sept. 29, 2011. Typhoon Nesat was predicted to land in Hainan later Thursday, bringing heavy rainfalls to the island. (Xinhua/Meng Zhongde)
  • Arash Kamalvand (L) of Iran spikes the ball during the semifinal against South Korea at the 16th Asian Men's Volleyball Championship in Tehran, Iran, Sept. 28, 2011. Iran won 3-1 to advance to the final. (Xinhua/Ahmad Halabisaz)
  • A man visits "Thy Word Is Truth, the Bible Ministry Exhibition of the Protestant Church in China", during its opening at Mount Vernon Place United Methodist Church in Washington DC, capital of the United States, Sept. 28, 2011. Through the Bible's various Chinese versions, ancient or modern, as well as pictures, paintings, calligraphy, art works and historical documents, the exhibition was expected to give an overall understanding of how Bible was brought into China, how it was translated, published, distributed and loved. (Xinhua/Zhang Jun)
Hot Forum Discussion