Friday, September 26, 2008

Investors Bullish on 2009 Greentech Deals

A KPMG survey finds that venture capitalists, entrepreneurs and others expect more funding for energy storage, wind and clean coal. Most venture capitalists and entrepreneurs expect greentech investments to increase next year, according to a survey released by KPMG on Tuesday.

About half of the survey respondents said they expect greentech investments to jump by 20 percent or more in 2009, while 34 percent of respondents see an increase between 10 percent and 19 percent from 2008 to 2009, the survey showed.

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