European clean energy investment tops ?1.9 billion in just three years

Carbon Trust research reveals that clean energy investments account for 10% of all European venture capital investments.

Clean energy investment accounts for ten per cent of all European venture capital investments according to new research released today by the Carbon Trust. The report shows that investment in clean energy reached a total of just under ?2 billion in 2003 ? 2006, putting clean energy on a par with European IT, biotech and semiconductor venture capital investment levels. UK clean energy companies are proving the most attractive investment to date, accounting for more than 40 per cent of all European clean energy deals.

The Carbon Trust report, carried out by Cleantech Advisers LLC, a division of the Cleantech Group? LLC also shows that if growth continues at the current rate, investment in clean energy could reach around ?3.5 billion in 2007 ? 2010, an increase of 75 per cent. Clean energy companies are those operating within the energy system or supply chain with the potential to reduce C02 or other greenhouse gas emissions.

 

More Information:

www.carbontrust.co.uk/about/presscentre/040507_clean_investment.htm

By: Carbon Trust

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