Tuesday, January 6, 2009

2009: The Year of the Smart Grid?

Smart grids and related technologies ranked fourth on a list of 17 green sectors venture capitalists invested in last quarter.

"Look for 2009 to be the year of smart grid, energy storage and energy efficiency," says senior analyst Eric Wesoff in a statement issued with a report from Greentech Media that showed VCs invested $208.5 million in 11 deals.

Investments in seven green IT deals topped $37.3 million, making it eighth on the list. Solar topped the list with nearly $1.34 billion invested in 29 deals.

No comments: