U.S. venture capital investment in cleantech companies increased to $1.1 Billion in the 3rd quarter. The reason for this continued growth is due to confidence in cleantech industries, despite the challenging investment market. The U.S. saw significant commitments in energy storage, reflecting the growing focus on managing energy mix. California, Pennsylvania and Oregon saw investments in cleantech grow since 2010, with California leading the growth.
The U.S. saw 44 new-build clean energy asset financials, with a value of $6.8 billion, with the solar energy sector attracting the majority of all new build asset financing.