(Photo of photovoltaic solar panels from Flickr and and photographer Dale 331)
News Update 3: Venture capital investment in clean tech jumped 41% this quarter to a record $961.7 million, in a period when VC generally slumped 8%, according to Ernst & Young. The investment amount was a record for the clean-tech sector. Solar photovoltaics and other energy-generating companies took more than half the money, with efficiency coming in second with 20%. Smart energy meters were popular as an example of investment with a quick payback. Two major solar deals occurred during the quarter, April-June. SunEdison in Maryland got $131 million and eSolar in California $130 million. (Source: Greenwire)
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