05 Jul '11, 4pm

VC Investment in Solar: Still Strong in Q2 via @greentechmedia

Venture capital funding of greentech firms totaled $2.6 billion in the first quarter of 2011 -- an extremely strong showing, albeit with a leaning towards later-stage deals. VC investment in green firms in the most recent quarter was similarly strong. We'll get you a list of every deal tomorrow. In the meantime, here's a quick snapshot of the solar deals in the most recent quarter. The biggest solar deal this quarter was: Suniva with their $115M round D, closed after suspending their request for a DOE loan guarantee. I have learned not to interpret strong VC numbers as a proxy for a healthy greentech industry or the sectors therein. If that were the case, we would all be driving cars fueled by corn ethanol and every electricity consumer would be programming a home energy monitoring appliance. Here's the list: VC Funding in Solar Q2 2011 Suniva (Atlanta, Georgia) a manufact...

Full article: http://www.greentechmedia.com/articles/read/q2-vc-investm...

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