Thursday, February 2, 2012
California and Other US Leaders in Cleantech Investments
According to Ernst & Young, California continued to lead national cleantech investment in 2011 with the state raising US$2.8bn. In Q3 2011 alone, California garnered 52 percent of all dollars with $583.0 million, a 74 percent increase from Q3 2010.
Massachusetts raised the second-highest level of annual investments with US$465.1m. This was a 63 percent increase from last year, said Spencer. Colorado came third in 2011, with investments in the state reaching US$363.3m.
In Q3 both Pennsylvania and Oregon had investments more than triple since Q3 2010, bringing their Q3 2011 investment levels to $85.4 million and $73.5 million respectively.
© 2012, Richard Matthews. All rights reserved.
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