Get Solar

Solar Blog

2010 Was Year of Venture Capital for Solar, Wind, Energy Efficiency

According to a recently published report by Peachtree Capital Advisors, a New York-based investment bank, investors loved renewable energy in2010. The report notes that the wind industry closed the year at $4.8 billion in transaction value while solar finished at $.3.2 billion. Not to be forgotten, smart grid and LED lighting companies closed at $2.5 billion.

As far as 2010 investments in cleantech companies went in 2010, energy-efficiency start-ups closed the most deals with venture capitalists (VCs). But it was actually solar energy start-ups that saw the most VC money. As for wind? It's a more mature market with a greater number of companies already well-positioned, meaning there was less room for start-ups to move in to the sector.

So what does all this fancy finance talk mean for the future of clean energy? It means that investors -- most of which spend their time dissecting scores of markets in order to find wise investment -- see a great upside in renewable energy. And as long they keep investing, the industry will keep moving forward.

Related Posts

Solar Calculator GetSolar Quotes from the EnergySage Platform
Compare Solar Quotes

Subscribe to Email Updates

Categories

See More Categories