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Solar & Alternative Energy

Green-tech venture investing cools off in 2009

CNet Green Tech
30 December 2009

Venture capitalists are still gung-ho on green technologies, but they are getting choosier.

The amount of venture capital that went toward green-technology companies fell to $4.85 billion in 2009, compared to $7.6 billion in 2008, according to numbers published on Wednesday by Greentech Media. The number of deals was up slightly from 350 in 2008 to 356 this year.

Full story from CNet Green Tech