Renewable energy growth
Filed in archive markets by leon on June 23, 2007
energy is climbing on the back of concern over climate change, high oil prices and growing government support, according to a UN report.Global investment in sustainable energy was up by an astonishing 43 per cent over 2005, most of it coming in wind, solar and biofuels. And it shows no sign of abating. In the first quarter of 2007, a total of $2.2 billion of venture capital and private equity flowed into the sustainable energy sector, up 58 per cent over the same quarter in 2006. According to the report, venture capital and private equity are now targeting this area more and more. Which suggests that sustainable energy companies could soon be growth investments.
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Mr Wong
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