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Clean technology venture capital investments in 1Q09 were down 41 percent from the previous quarter, and down 48 percent from the same period a year ago. Venture investments have now declined for two consecutive quarters since peaking at $2.6 billion in 3Q08, representing the lowest level of venture capital investment in clean technology companies in two years.
At the same time, government stimulus spending levels are at record rates, and capital for cleantech is emerging from other non-traditional sources.
Read more details in a press release from Cleantech Group & Deloitte »
What do these trends mean?
Members of Cleantech Group's Cleantech Network™ were invited to a webinar on Tuesday, April 7th, 2009 at 11AM EST / 8AM PST / 16:00 GMT to review data and the implications of these developments.
Speakers included Brian Fan, Cleantech Group Senior Director of Research, John Balbach, Cleantech Group Managing Partner and Scott Smith, Deloitte & Touche LLP U.S. Cleantech leader.
The group reviewed:
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