14 Oct '11, 12am

Some good news to start the day as E&Y survey finds modest recovery in clean tech confidence

Confidence is slowly returning to the UK's clean tech sector but firms remain concerned over perceived policy instability, according to a major survey to be released today. The poll of 600 firms from consultancy giant Ernst & Young found that 24 per cent of respondents were optimistic the clean tech sector would deliver economic growth over the next year, compared to only 14 per cent earlier in the year. FURTHER READING Clean tech investment clears $45bn on back of record asset finance Clean tech project finance hits $50bn quarterly record Just over 40 per cent thought investment in the sector would increase in 2011 compared to 2010, while 43 per cent felt the UK had a good chance of achieving an internationally competitive position in clean energy and clean technology over the next decade. Ernst & Young attributed the increase in confidence to "gathering momentum around t...

Full article: http://www.businessgreen.com/bg/news/2117136/uk-clean-tec...

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