Financial Soultions: Investment in greentech saw substantial 3rd quarter drop.

Tight credit markets blamed for 22% drop in global greentech investment in last quarter.
 
Oct. 11, 2009 - PRLog -- The latest research available to Financial Soultions, released late last week shows a 22% fall in global investment into clean-energy companies, with government funding being counteracted by internationally rigid credit markets.

In the quarter from July to September, a total of $25.9 billion of new global investment was seen, dropping by 9% from the 2nd quarter and down 22% from the same time a year back.

The report by New Energy Finance did however indicate that this sphere does seem to be moving toward a recovery, with governments globally pumping more backing into alternative energy projects. The EU recently announced an investment plan to put it on a par with Asia and North America in green technology development, and China has made huge financial inroads lately into wind energy. Overall, the report shows a dramatic growth in investor confidence from the 1st quarter.

Financial Soultions understands that many forecasters see a turnaround occurring in 2010 with many hoping for a strong treaty to replace the Kyoto Accord to emerge from the December climate talks in Copenhagen, but they also caution that a lot depends on the U.S. economy, the health of the financial sector, natural gas prices and even electricity demand.

# # #

Financial Soultions is a Boutique Investment Advisory Firm with very selective Corporate, Private and Institutional Clientèle who enjoy above average returns and service.
End
Financial Soultions PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share