Although it seems that there’s a never ending supply of investment dollars flowing into anything and everything green, New Energy Finance reminds us that things aren’t always as they appear. Venture capital and private equity investment into green energy actually fell 35% when comparing first quarter 2008 to first quarter 2007. The London based analysts base the drop partly to the evaporation of available credit around the world.
That’s not the only problem though. Clean energy has exploded as an industry over the past few years, and firms can’t find good people. In one survey, 96% of alternative-energy companies reported problems with staffing.
Read More At The Wall Street Journal
Green Energy Sings The Blues: Credit Crunch Hits Clean Tech Too