Biofuels Investment Hits $512 Million in 3Q, Total Cleantech Tops $2.3B YTD
North American venture capital investing
in the cleantech category realized its 9th consecutive quarter of growth
with a record $933 million invested in Q3 2006, according
to Cleantech Venture Network. The energy segment led
the way with $837 million, a 41% increase over the $594 million invested
in Q2 2006.
|
North American Clantech Venture Capital Investing |
|||
| 3Q 2006 | 1Q-3Q 2006 | 2005 | |
| Cleantech | $933 M | $2.29 billion | 1.6 billion |
| Energy | $837 M | $1.78 billion | |
| Biofuels | $512 M | ||
| Source: Cleantech Venture Network | |||
The $933 million invested in all cleantech segments during Q3 2006
represented a 10.8% increase over the $843 million invested in Q2 2006 and
a 120% increase over $425 million in Q3 2005. Energy investment accounted
for $1.78 billion, more than tripling the $560 million invested in the
first three quarters of 2005. Of the $837 million invested in energy in
the third quarter, $512 million was in biofuels and $69 million in solar.
Year-to-date cleantech investments totaled $2.29 billion, double the $1.1 billion invested in the first three quarters of 2005 and has already surpassed the total of $1.6 billion for all of 2005.
