As more and more companies turn to green technology, investments will continue to pour into clean technology ventures. With over $335 million invested in 27 deals, April was another solid month for clean tech. Solar power, which have been the hottest clean tech venture all year, dominated in April with $147 million in investments, according to Greentech Media, a news and research firm based in Boston. LED lighting systems were the second most funded group in April, bringing in about $62 million.
Here’s how the clean tech funding pool breaks down:
Solar Power $147 million
Fuel cells and energy storage $38.4 million
Smart Grid $25.3 million
LED Lighting $61.5 million
Biofuels $15 million
Wind Power $44.8 million
Power conversion and efficiency $12.2 million
Transportation $700,000
Tidal power $6 million
Clean fossil fuel burning $2 million
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