27 Sep '11, 3pm

Renewable Industries Predictions for the Second Half of 2011

By the end of Q2 2011, it was clear that the renewable sector was feeling the effects of depressed economic conditions. During Q2 2011, North American cleantech investments totaled $1.42 billion over 113 deals, a year-over-year decrease of total invested capital of 10 percent from Q2 2010, and significant drop from Q1 2011 levels. The faltering economy was not the only reason for the downshift in investment, however. Q2 2011 saw rotation in the sector as money left the capital-intensive biomaterials/biofuels and solar sectors and began to move into the more capital efficient energy space. As the impact of the economic downturn was felt across all sectors, enterprises increasingly sought ways to cut energy-related costs, and this new focus is responsible for turning the tidal flow of investment dollars in the sustainable sector. While the effects of the current economic dow...

Full article: http://www.renewableenergyworld.com/rea/news/article/2011...

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