Investment Peaks in Clean Tech Sector
April 10, 2008 – 8:36 pmClean Tech Group, a leading investment analyst in the clean tech sector, said it believed investment in ethanol and European wind power and solar thin film technology has hit a peak.
The company released new cleantech investment data yesteday, which appeared to show that a wave in U.S. ethanol and European wind energy investment that had risen in the past three years peaked in 3Q06 at $1.52 billion and has since fallen gradually. Meanwhile, U.S. and European companies have driven a wave of investment in thin-film solar that peaked in 3Q07 at $1.83 billion invested, and has since contracted for two consecutive quarters, to $1.56 billion 4Q07 and $1.25 billion in 1Q08.
Thin-film technologies made up nearly two-thirds of all investments in solar. Crystalline technologies accounted for the remaining third.
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